Post by account_disabled on Mar 9, 2024 2:18:06 GMT -7
The Ministry of Commerce, Industry and Energy indicated yesterday that foreign direct investment (FDI) projects registered in the period from January to September exceeded 18.2 billion dollars, which represents an increase of around 41% year-on-year and the second most large recorded for the same period since 2018. In addition, the figure also exceeds the average of 14.8 billion for the last five years.
This investment was largely allocated to sectors with high technology and industrial materials content. Specifically, semiconductor manufacturing registers an increase of more than 135%.
By origin, investment from Ecuador Mobile Number List the European Union represented the largest share, at 7.3 billion, representing an increase of more than 170% compared to the previous year, mainly through mergers and acquisitions activities. The EU is followed by the US, with 3.3 billion dollars.
On the other hand, investment from China increased by 25.7% to a total of 5,090 million, and that from Japan increased by 33.8%, to 730 million dollars.
This demonstrates the great potential of Korea as a technology center and the opportunities that the country offers. Within the Korean New Deal, South Korea has announced and promoted projects whose objective is to develop and modernize the country's industrial infrastructure, attracting national and international investment capital.
Also as part of that plan, South Korea's six state-owned electricity companies plan to invest almost $35 billion in solar and wind power generation projects until 2034 and the LG company plans to invest $5.2 billion in the production of materials for the manufacture of batteries for electric vehicles, in the search to reduce dependence on national manufacturers of products of Chinese origin necessary in the manufacture of these components.
The Prime Minister of India, Narendra Modi, announced this week the launch of the Pradhan Mantri Atmanirbhar Swasth Bharat Yojana (PMASBY) program, with the aim of improving health infrastructure across the country.
This plan will focus on improving primary and emergency care in 17,788 rural and 11,024 urban health centers to prepare for future pandemics and possible environmental disasters. To this end, the plan also includes the creation of four new national virology institutes, a research center for the WHO Southeast Asia Region, nine level III biosafety laboratories and five new regional centers for disease control.
The investment for this plan is 73.11 billion euros for the next six years until 2026, which in turn is part of the National Health Mission initiative. In addition, it will be carried out through public tenders, being open to international companies, which implies a great opportunity for Spanish companies in the health and research sector.