It is my pleasure to share with you a special issue of UNCTAD’s
Global Investment Trends Monitor.
This special issue is based on the annual ASEAN Investment Report, a joint
report prepared by the UNCTAD and ASEAN Secretariat. The Report was launched
during the ASEAN Business and Investment Summit on 13 November 2017 in
preparation of the ASEAN Investment Report by UNCTAD’s Investment Division
is part of its wider programme of collaboration on investment research
and policy analysis with regional organisations. UNCTAD has also contributed
to the Investment Report of the CEFTA (Central European Free Trade Agreement)
region, which will be launched on 21 November 2017, in parallel with the
launch of UNCTAD’s Investment Policy Review of the region.
- FDI flows in ASEAN fell by 20% in 2016,
to $96.7 billion. The decline reflected the general fall in global FDI
flows and in flows to developing economies. A significant drop in FDI in
two Member States, caused mostly by one-off factors, dragged down total
inflows to the region.
- Intra-ASEAN FDI rose to a record level
($24 billion) in 2016 and accounted – for the first time – for a quarter
of total FDI flows in the region. Intraregional investment flows continued
the upward trend since 2003 (except for a blip in 2013).
- The ASEAN region has more than 1,600 economic
zones of various types. These economic zones have, on average, made a significant
contribution to industrial development in ASEAN Member States. Most zones
have helped improve the investment environment, generated employment (including
for women), increased foreign exchange earnings and government revenues.
They have often brought spillover effects in local economies, helped develop
domestic contract manufacturers and played a significant role in linking
countries in global value chains.
- While local development companies are the
main contributors to economic zone build-up in ASEAN, foreign developers
have also played an important role in the growth of economic zones in the
region – often in JVs with local partners.
With best regards,
James X. Zhan
Director, Investment and Enterprise
Lead, World Investment Report
United Nations Conference on Trade and Development
Palais des Nations, Geneva
Tel: +41 22 917 5797