Poland on 6th position in the FDI Confidence Index
Posted February 11th, 2010 in Business news by Ela Pawełek-LuberaPoland went up from 22 to 6th position in the ranking indicating the degree of confidence of foreign investors.
Foreign Direct Investment (FDI) Confidence Index is a survey conducted by AT Kearney from 1998. FDI Index assesses the current situation and future forecasts concerning international financial flows. The study involves managerial staff of companies that receive more than 2 trillion of annual income.
In this year’s ranking it was China that turned out to be the most attractive location for foreign investment. The country has been maintaining the leading position incessantly since 2002. China was followed by the United States, which have risen up one position thereby making India go down to 3rd place. The top five also included: Brazil (up by 2 positions when compared with the study from 2007) and Germany (5 positions higher than in 2007). 6th position was taken by Poland which went up 16 positions.
The global economic crisis had a clear impact on global FDI flows. Results of the AT Kearney’s survey indicate that this situation will continue. Nearly half of the investors surveyed plan to suspend their projects for at least a year hoping for the economic situation to improve no earlier than in 2011. Among the major reasons which influence the suspension of investments the surveyed indicate uncertain market and difficulties in financing projects. All this mean that FDI inflows in the world next year will remain at low level.
In the previous rankings, conducted in 2007, Poland and the Czech Republic recorded a record-breaking falls (Poland by 17 positions, the Czech Republic by 13). (AT Kearney)
Source: www.paiz.gov.pl
