Foreign direct investment in Asia-Pacific greenfield projects fell for the second year in succession in 2010, in spite of the region’s V-shaped recovery from the global financial crisis.
However, the rate of decline slowed from 16 per cent in 2009 to 6 per cent, with China and Australia performing strongly and Indonesia also making ground, according to fDi Intelligence, a Financial Times unit that tracks FDI flows.
The figures, which provide the first comprehensive snapshot of FDI trends last year, suggest that inflows may have been less buoyant than expected in the light of forecast average economic growth of 8.2 per cent in 2010 for Asia excluding Japan.
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