Global FDI to fall 30% this year: Unctad

The global economic crisis will continue to adversely affect the flow of foreign direct investment (FDI) around the world. A report by United Nations Conference on trade and development (Unctad) says the world might witness a 29 per cent decline in global FDI flows in 2009.

A slow recovery will begin next year (2010) but a robust growth will only take place in 2011.

“Inflows are expected to fall from $1.7 trillion to below $ 1.2 trillion in 2009, with slow recovery in 2010 (up to $1.4 trillion) and gaining momentum in 2011 (approaching $1.8 trillion),” said the report.