no 1 for expansion


“Europe has regained its number one position for attracting multinational companies when they expand overseas, bumping Asia into second place for 2005, a new survey reveals.
The report also suggests that cheap labour alone is no longer so attractive and that executives are again valuing education, skills and collaboration between economies.

Four countries entered the top 15 countries – Poland, Romania, Singapore, and the UAE. They replaced Hong Kong, Hungary, Spain and Sweden. The four dominant emerging markets – Brazil, Russia India and China – showed a startling one-fifth decline in inward investment compared to 2004.”

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