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FOREIGN DIRECT INVESTMENT FLOWS INTO SA DECLINE BUT GREENFIELDS PROJECTS HOLD
UP, SAYS UN REPORT


UNCTAD’S WORLD INVESTMENT REPORT SAYS GLOBAL FOREIGN INVESTMENT DECLINED BY 2%

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Foreign direct investment (FDI) in SA fell 43% to $5.2bn in 2023 in a weak
global environment for FDI, but this mainly reflected a drop in new greenfields
investment project announcements, which offset higher merger and investment
activity.

This is according to the latest World Investment Report (WIR) from UNCTAD (the
UN Conference on Trade and Development), which said global foreign investment
fell 2% to $1.3-trillion amid global slowdown and rising geopolitical tension...




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