According to the UNCTAD World Investment Report 2021, Global foreign direct investment (FDI) flows fell by 35 per cent in 2020, reaching $1 trillion, from $1.5 trillion in 2019. This is the lowest level since 2005 and almost 20 per cent lower than the 2009 trough after the global financial crisis.
The lock downs around the world in response to the COVID-19 pandemic slowed down existing investment projects, and the prospects of a recession led multinational enterprises (MNEs) to re-assess new projects. The fall in FDI was significantly sharper than the fall in gross domestic product (GDP) and trade.
This webinar will explore what the future of cross border investment looks like and what governments and global investment policy makers are doing to attract high quality investments to drive FDI growth.
Date: September 23, 2021
Time: 3:00 pm CET
Vice President, Africa
FDI expert with over 6 year’s experience having worked in senior public and private sector roles in various countries including Cambodia, Ethiopia, Syria, Italy, and Canada.
She started her career in consulting and program management roles at UN agencies including Consortium for agricultural research (CGIAR), Food and Agriculture Organization (FAO) in Rome, Italy and the United Nations Environment Program in Addis Ababa, Ethiopia.
Head of the International Office for Economic Development of the
City of Magdeburg
Since 2020 Thorsten Terweiden is heading the International Office for Economic Development of the City of Magdeburg. His main responsibility is to attract foreign direct investment to the City of Magdeburg.
Mr. Terweiden is a dedicated economic development professional with over 20 years of professional experience, including over 15 years in leadership positions.