Strategic Industries Buck Post-Covid Investment Slump - Chips, renewables, and electronics have seen the largest increase in FDI since the pandemic
The majority of sectors have seen a decline in foreign direct investment (FDI) since the Covid-19 pandemic, according to figures from greenfield investment monitor fDi Markets. But a handful of industries driving the new, green economy have bucked the downward trend.
Data comparing the three-year periods before and after March 2020 — when the World Health Organization declared that Covid-19 was a pandemic — shows the energy transition, digitalization and the return of state aid for strategic industries have helped drive the rebound in global investment activity.
Just 12 out of 37 sectors tracked by fDi Markets saw an increase in FDI over the period, with the semiconductor, renewable energy, and electronic component industries experiencing the largest growth in capital expenditure (capex).