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FDI flows to ASEAN at record level

by VTV404 November 2019 Last updated at 18:17 PM

(Photo: Bangkok Post)
(Photo: Bangkok Post)

VTV.vn - Foreign Direct Investment (FDI) flows into ASEAN rose for the third consecutive year, reaching an all-time high of $155 billion in 2018.

This figure was released by the ASEAN Secretariat in the ASEAN Investment Report 2019. The region's share of global FDI inflows also increased from 9.6% in 2017 to 11.5% in 2018, according to this report.

This trend is expected to continue given the dynamic industrial developments and improvement of the investment and business environment in the region. The services sector is the largest recipient of FDI in ASEAN, accounting for 66% of total FDI in the 2014-2018 period.

A significant part of FDI in services flows into financial services, wholesale and retail, and real estate activities.

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