- CNTV English - CCTV News

Homepage > News > Biz >

Foreign direct investment in S.Korea grows 4.6% in 2011

01-12-2012 16:38 BJT

SEOUL, Jan. 12 (Xinhua) -- Foreign direct investment (FDI) in South Korea grew 4.6 percent last year from a year earlier due to surging investment from advanced nations, a government report showed Thursday.

FDI reached 13.67 billion U.S. dollars in 2011, up 4.6 percent from the previous year, according to the Ministry of Knowledge Economy.

Soaring investment from advanced nations led to last year's FDI growth. Direct investment from the European Union (EU) members expanded 57.4 percent on-year to 5.03 billion dollars in 2011, with investment from the United States and Japan growing 20.2 percent and 9.6 percent respectively.

Direct investment from China surged 57.2 percent on-year to 651 million dollars in 2011, but investment from the Middle East shrank 46.2 percent on-year to 92 million dollars last year as the region's sentiment toward overseas investment remained fragile, according to the ministry.

Meanwhile, the ministry expected the FDI to decrease to around 13 billion dollars in 2012, citing risks factors such as the deepening European fiscal crisis, and concerns over the double-dip recession of the world economy.


Editor:Bai Yang |Source: Xinhua

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program