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UNCTAD report : Romania went down on position 73 in a ranking regarding foreign investment in 2010

Romania dropped on position 73 in a top regarding performance in drawing foreign direct investment in 2010, against the position 63 in 2009 and position 42 in 2008, according to the 2011 edition of the World Report on Investments, made by the Conference of the United Nationals for Commerce and Development (UNCTAD) presented on Tuesday at the UN Information Centre for Romania. The top includes 197 states and territories, and Romania is overcome by Angola, Thailand, Malta, Argentina, Latvia and is followed by Mexico, Brasil, Lybia, Croatia and Panama.

According to the report, foreign direct investment flow (ISD) was in 2010 in Romania of 3.573 billion dollars, and the ISD stock reached 70,012 billion dollars.

At global level, the ISD flow went up by 5% in 2010, at 1,240 billion dollars but they are by 15% under the average level before the debut of economic crisis and by 37% smaller than in 2007.

In Southern-Eastern Europe, ISD flows dropped in 2010 for the third year in a row, the decline being 47%, partially as a a result of « numbness » of EU member states, the dominant source of capital for this region, UNCTAD report says.

According to experts, the decline of investment in Southern-Eastern Europe is a structural one – investors rarely initiate projects oriented to export in this region, excluded from the international network of production of transnational companies, which was the relaunching engine in 2010.

Croatia and Serbia dropped drastically in 2010, while Albania overcame the threshold of one billion dollars for ISD flow.

Sursa: http://www.actmedia.eu

Tags: foreign investment position romania report unctad

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