Australia has been listed as a Top Ten global destination for foreign direct investment (FDI) for the fourth year in a row by the World Investment Report 2015, published by the United Nations Conference on Trade and Development (UNCTAD).
Australia attracted US$162 billion in FDI inflows over the three years to 2014 – up nearly 30 per cent from US$125 billion during the previous three years. This impressive growth has raised Australia’s share of global FDI flows to 4.2 per cent in 2012-14 from 3.1 per cent in 2009-11. In contrast, developed economies’ share of world FDI flows fell to 41 per cent in 2012-14 from 53 per cent in 2009-11.
Australia’s strong performance reflects the country’s credentials as an investment destination, underpinned by its strong economic growth, strategic location, global trade and investment ties, and proven record of innovation.
01 Jul 2015