Turkey received 46 percent less FDI in the first five months of this year than in the same period last year... Indonesia expects record FDI flows this year, with nearly US$10 billion received in the first five months of 2008, mostly in telecoms and transport... FDI into Korea declined again to US$1.6 billion in 2007... In the first half of 2008, Serbia received over US$800 million in FDI.
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OECD Expects FDI Flows to Decline in 2008
According to the latest issue of Investment News published by the Organisation for Economic Co-operation and Development (OECD), multinationals based in its thirty mostly industrialized member countries investment over US$1.8 trillion abroad in 2007, a record level. For 2008, however, OECD predicts a sharp decline of around 37 percent. Evidence to support this is the sharp slowdown in cross border mergers and acquisitions, which have been hit by the recent credit crunch. FDI flows to developing countries could decline by as much as 40 percent this year from their record level of nearly US$500 billion in 2007.
Investment opportunities
Nigeria: New investment opportunities in mining, manufacturing and infrastructure compiled by TradeInvestNigeria.
Serbia: Privatization opportunities in copper mining and other sectors posted by Serbia's Privatization Agency. Deadline for submitting expressions of interest for the copper mine: September 30, 2008.
Latvia: Tender for the selection of a joint venture partner for the development of Riga International Airport. Bid submission deadline: July 29, 2008.
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Business, legal and market intelligence
Economic Situation and Outlook: Central, East and Southeast Europe (2008-2010) published by the Vienna Institute for International Economic Studies.
MENA Economic Developments and Prospects: Regional Integration for Global Competitiveness published by the World Bank.
Global Enabling Trade Report 2008 published by the World Economic Forum, presenting cross country analysis of measures facilitating trade and market access.
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Events
First Business Roundtable with the Government of Azerbaijan - Baku, Azerbaijan, September 4, 2008.
Private Public Partnership in Russia - Moscow, Russian Federation, September 5, 2008.
International Mining Investment Conference-Exhibition on Nigeria - Abuja, Nigeria, February 11-13, 2009.
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