According to a report set to be released at the upcoming Dubai Annual Investment Meeting undertaken by the Abu Dhabi Global Market (ADGM), within West Asia, figures for 2015 showed that the most FDI was received by Turkey and then the UAE. Regarding this, vis-à-vis the UAE, CEO of the ADGM’s Financial Services Regulatory Services, Richard Teng said:
“ADGM is pleased to be part of the AIM 2017 that brings together local and international industry leaders, policy makers, and the investment community to share best practices, discuss industry developments and establish new partnerships. FDI is a key contributor of UAE’s economic and investment growth. As an international financial centre, ADGM works actively on efforts and initiatives that enhance UAE’s and Abu Dhabi’s strength as an attractive financial and investment destination for local and international entities.”
Meanwhile in Indonesia FDI figures were not as promising. There was a significant deceleration in Q4 16. That could lead to a thorn in the side at efforts being made at bolstering the growth of the economic expansion in the region. It has been suggested that this might be the backlash of Jakarta’s political tensions due to this month’s regionals and Trump’s presidency and thus are concerned about prospects for emerging markets. Still there was a 2.1 percent increase in FDI in Q4 16 vis-à-vis Q4 15 but that was the smallest increase in the last five years.
Vietnam had better figures. It encountered a 9 percent FDI increase in 2016, resulting in a record US$15.8 billion for that time frame. And from the end of 2015, the manufacturing industry encountered a staggering 13.61 percent increase.
So overall FDI in the region is not faring too badly but political climates have to – as always – be handled.