In 2017, Egypt ranked the first among African countries in attracting net FDI, estimated at USD 7.9 billion, which is equivalent to 42% of total investment inflows to Africa, despite a decline of 9%.
Figure 8: Net FDI (USD Million)
Source: ECES, Egypt's Economic Profile & Statistics, 2018.
More than 60% from total FDI inflows are coming from European countries, while both USA and Arab countries represent together 30%, as shown below:
Figure 9: FDI Inflow by Region
Source: ECES, Egypt's Economic Profile & Statistics, 2018.
On average, more than 50% of total net FDI is dedicated to greenfield investments *, followed by oil & gas (23%) and privatizations (18%), as shown below:
Figure 10: Distribution of FDI by Activity
Source: ECES, Egypt's Economic Profile & Statistics, 2018.
* “The term "green field investment" refers to a project where a company builds operations in a foreign market starting from scratch, or a so-called green field. These projects are foreign direct investments that provide the highest degree of control for the sponsoring company when compared to other methods of FDI, such as foreign acquisitions or buying controlling stakes in a foreign company.” Investopedia.
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