The fDi Index reached its highest level since before the Covid-19 pandemic according to FDI Intelligence
Global foreign direct investment (FDI) announcements surged in April, as software and financial firms expanded their international footprints, and renewables developers outlined major green electricity generation projects.
The fDi Index, which tracks foreign investors’ sentiment, stood at 940 points in April, up by 28.5% from a year earlier, according to the latest figures from fDi Markets. This marks three consecutive months of growth and represents the highest index score since November 2019, before the outbreak of the Covid-19 pandemic.
Foreign investors announced 1206 greenfield FDI projects globally in April, up from the 1086 projects a month earlier. This is the first time monthly project numbers have returned to the record-breaking highs seen in 2019.