JETRO Invest Japan Report 2023
Chapter1. Inward FDI Trends in the World Section 2. Global Greenfield Investment in 2022

Looking at the global greenfield investment on an announced basis, it is clear that investment orientation is expanding. According to United Nations Conference on Trade and Development (UNCTAD), the value of greenfield investment announced in 2022 increased by 64.2% over the previous year. In particular, investment in emerging countries and regions approximately doubled and performed well. A number of investment projects in Africa were announced, and South Asia also saw significant growth, driven by India. Among developed countries, investment in the U.S. was strong, and North America also saw growth. On the other hand, investment in East Asia (excluding Japan and Korea) decreased to about 60% of the previous year (Chart 1-2).

Chart 1-2: Trends in Global Greenfield Investment (announced basis) (Million US dollars, %)
Country/Region 2020 2021 2022 2022
Growth rate
(YoY)
World 603,933 738,636 1,212,651 64.2
Hierarchy level 2 itemsDeveloped economies 333,356 465,124 639,446 37.5
Hierarchy level 3 itemsEurope 211,410 295,950 361,860 22.3
Hierarchy level 3 itemsNorth America 86,657 118,863 184,722 55.4
Hierarchy level 3 itemsOther developed economies 35,289 50,311 92,863 84.6
Hierarchy level 3 itemsDeveloping economies 270,577 273,512 573,205 109.6
Hierarchy level 3 itemsAsia 169,868 156,429 275,369 76.0
Hierarchy level 4 itemsEast Asia 39,143 40,560 23,801 -41.3
階層レベル4の項目South-East Asia 68,584 64,085 86,570 35.1
Hierarchy level 4 itemsSouth Asia 25,138 19,048 80,584 323.1
Hierarchy level 3 itemsLatin America and the Caribbean 64,668 64,808 101,679 56.9
Hierarchy level 3 itemsAfrica 36,040 52,220 194,903 273.2

Note: Japan and Korea are classified as "Other developed economies," not as "East Asia,". Data refer to estimated value of capital investment. Data exclude financial centers in the Caribbean.
Source: UNCTAD data. Classification is also as defined by UNCTAD

JETRO Invest Japan Report 2023

Introduction

Chapter1. Inward FDI Trends in the World

  1. Section1.

    Global Inward FDI Flow in 2022

  2. Section2.

    Global Greenfield Investment in 2022

  3. Section3.

    Responses of Global Companies to Geopolitical Risks

  4. Section4.

    Changes in Global Investment Destinations due to Geopolitical Risks

Chapter2. Trends in Inward FDI in Japan

  1. Section1.

    Trends in Inward FDI to Japan

  2. Section2.

    Trends in Inward FDI to Japan by Country and Region

  3. Section3.

    Trends in Inward FDI to Japan by Industry

  4. Section4.

    Trends in Greenfield Investment in Japan

  5. Section5.

    Trends in Inbound M&A in Japan

  6. Section6.

    Long-Term Trends in Greenfield Investment Projects in Japan

  7. [Column 1]

    JETRO's initiatives for the entry of semiconductor-related companies into Japan

  8. [Column 2]

    With the recovery of inbound tourism, Japanese tourism assets is once again in the spotlight

  9. [Column 3]

    Promotion of More Active and Desirable M&A in Japan

Chapter3. Recent Government Measures

  1. Section1.

    Basic Policy on Economic and Fiscal Management and Reform 2023

  2. Section2.

    Action Plan for Attracting Human and Financial Resources from Overseas

  3. Section3.

    Green Innovation Fund Projects

  4. Section4.

    Fund for Advanced Semiconductor Production Infrastructure Development

  5. Section5.

    Project to Accelerate Biomanufacturing Revolution

  6. Section6.

    Subsidy for Development of Regional Data Centers

  7. Section7.

    R&D Project of the Enhanced Infrastructure for Post-5G Information and Communication Systems

  8. Section8.

    Innovative Information and Communication Technology Fund Project (Beyond 5G (6G) Promotion Fund Project)

  9. Section9.

    Establishment of a "New System" for Accepting Highly-Skilled Foreign Professionals (from April 2023)

  10. Section10.

    Startup Development Five-year Plan

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