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Romania 9th in investment top
Direct foreign investments in developing countries have grown by 17% this year, to 416 billion dollars, less than 587 billion dollars in 2008, the year marking the beginning of world crisis, according to estimates of 200 managers of multinational companies consulted by the World Bank. In 2011 direct foreign investments will grow by 20% to 501 billion dollars, and by 13% in 2012 to 575 billion dollars, according to an opinion poll made by the Agency for Manysided Investment Guarantee, belonging to the World Bank.
“This return of direct foreign investments in developing countries is good news, considering last year’s decline. Direct foreign investments which have in view production can generate economic growth and reduce poverty,” the executive vice-president of the agency, Izumi Kobayashi said.
Direct foreign investments in Romania dropped by half last year, the agency estimates, from 13.88 billion dollars in 2008 to 6.76 billion dollars in 2009. Romania ranks 9th of 40 developing states, according to the investments carried out in present by the companies consulted. Over 20% of managers included in the study said they had investments in Romania.