Weekly Report - 20 January 2004

INVESTMENT | FDI expected to rebound. Foreign direct investment (FDI) this year will increase to somewhere between US$12bn and US$14bn, according to the economy ministry. This would represent an increase of 20% to 40% over the projected total for 2003. In the first three quarters of last year, FDI totalled US$8.09bn. Figures for the last quarter are not yet in, but the ministry expected the annual total to be in the vicinity of US$10bn.