FDI: Western Europe Overtakes China and North America, Austria Improved Its Position

Middle EastTurkey ♦ Published: May 29, 2015; 20:00 ♦ (Vindobona)

Ernst and Young's latest European attractiveness survey has been published. FDI into Europe hits a new record with US$305b attracted into the region in 2014, translating to a 36% year-on-year growth, despite global growth slowdown. UK, Germany and France remain the preferred destinations for foreign direct investment (FDI) within Europe, while Turkey enters the Top 10. Austria improved its position in the ranking by two notches, rising to position 22 of all 44 countries analyzed.

FDI: Western Europe overtakes China and North America, Austria improved its position / Picture: © EYGM Limited

Last year alone, 43 European countries – including Russia and Turkey – drew 4,341 projects reaching a 10% growth over 2013 and created 185,583 jobs (+12%).

  • Western Europe overtakes China and North America as #1 investment destination with FDI projects at record high
  • US$305b invested into the region, 36% year-on-year increase
  • UK,…