Serbia Tops Greenfield FDI Performance Index 2019
Serbia ranked number one in an annual study by fDi Intelligence, a data division of Financial Times, which looks at inbound greenfield investment in 2018 relative to countries’ economy size.
Greenfield investment refers to a type of foreign direct investment (FDI) where a company establishes operations in a foreign country and constructs new facilities from the ground up. A score of 1 in the Greenfield FDI Performance Index indicates that a country’s share of global inward greenfield FDI matches its relative share of global GDP. A score greater than 1 indicates a larger share than indicated by its GDP, while a score of less than 1 indicates a smaller share. Greenfield FDI data used in the index excludes retail investments.
Serbia ranked first in the study with a score of 11.92, followed by Montenegro in second place with a score of 11.49 and Cambodia in third, scoring 10.82. Serbia received 107 FDI projects in 2018, 26 more than in 2017, when it ranked second, while Montenegro received 11 FDI projects in 2018.
Automotive, food and tobacco, textiles and real estate are Serbia’s leading FDI sectors, accounting for 54% of total inbound FDI projects in 2018.
Prepared by: Djurdja Krivokapić
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Source: fDi Intelligence
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