At the receiving end of FDI projects, IPAs’ views appear to be
highly split by major region. IPAs in developed economies gave high
marks to the prospects for FDI in high-tech industries – such as scientific
research and development (R&D), as well as computer programming
and consultancy – which they view as the most promising for attracting
FDI to their countries. IPAs in developing and transition economies had
a more expansive view, noting as promising for inward FDI activities in
a variety of industries across sectors, including manufacture of food
products, accommodation, mining of metal ores, extraction of crude
petroleum and natural gas, and real estate activities.
FDI budgets are set to expand across home regions, though developingcountry
TNCs may rationalize their expenditures in the medium term.