As the landscape of foreign direct investment (FDI) evolves, it's crucial to stay informed about the latest trends. In 2023, significant shifts were observed, with projects becoming increasingly capital-intensive. Here's an exclusive look by FDI Intelligence at the noteworthy FDI projects that made waves last year
🌐 Dominant Sectors: Energy companies, semiconductor manufacturers, and battery firms took center stage, propelling the top 10 largest greenfield FDI projects of 2023. This surge notably contributed to the rise in the average capex level for cross-border FDI projects globally.
📈 Top Four Projects:
TSMC in Germany 🇩🇪: Taiwan Semiconductor Manufacturing Company (TSMC) secured a pivotal position with a confirmed final investment decision in Germany, emphasizing the company's global expansion strategy.
Equinor in Brazil 🇧🇷: Equinor, a prominent energy company, made significant strides with a confirmed final investment decision in Brazil, marking its strategic involvement in South America's energy landscape.
bp in Germany 🇩🇪: The energy giant bp demonstrated its commitment to sustainable projects with a confirmed final investment decision in Germany, aligning with the global focus on green initiatives.
Amazon in Malaysia 🇲🇾: E-commerce behemoth Amazon made a substantial move with a confirmed final investment decision in Malaysia, underscoring the country's attractiveness for major players in the digital economy.
