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ArchiveAugust 3 2008

Spotlight on investment trends

During the past five years, Angola has emerged as a prosperous fossil fuel and manufacturing investment arena, according to fDi Intelligence data.
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Overseas investment ­projects recorded by fDi Intelligence between January 2003 and May 2008, based on a wide range of key criteria, revealed a number of key trends.

  • Between January 2003 and May 2008, fDi Markets recorded a total of 79 investment projects from 53 companies.

 

  • The leading sector was coal, oil and natural gas, which accounted for 24% of projects.

 

  • The leading business activity was manufacturing, which accounted for 27% of projects.

 

  • The top 10 companies accounted for 41% of all investment projects with ZTE (China), Alrosa (Russia) and ExxonMobil (US) among the top 10 companies.

 

  • The top three source markets for outward investment were Portugal, the US and Russia, providing 25%, 18% and 9% of investment projects, respectively.

 

  • The top three destination cities for inward investment were Luanda, Benguela and Lubango, providing 29%, 5% and 3% of investment projects, respectively.
  • Coal, oil and natural gas accounted for the highest number of projects, with a total of 19, representing 24% of the investment projects.
  • Manufacturing accounted for the highest number of projects, with a total of 21,representing 27% of the investment projects. Among the top business activities,business services recorded the highest growth at 65% a year on average.
  • A total of 53 companies were recorded as investing overseas. ZTE from China isthe top company with a total of four investment projects announced between January 2003 and May 2008. The top 10 companies accounted for 41% of theinvestment projects.
  • Between January 2003 and May 2008, Volkswagen from Germany created thehighest number of jobs, with a total of 2500.The top 10 companies accounted for100% of all jobs from the investment projects.
  • Between January 2003 and May 2008, Portugal accounted for the highest number of outward investment projects overseas, with 20 projects. This represents 25% of the investment projects.
  • A total of 14 companies from Portugal invested overseas during the period fromJanuary 2003 to May 2008, representing 26% of all companies. The top 10 source countries accounted for 82% of outward investment projects and 77% of companies investing overseas.
  • Moscow is the leading source city for outward investment with three companiesproviding seven investment projects between January 2003 and May 2008. Thetop 10 source cities accounted for 48% of outward investment projects and 28% of companies investing overseas.
  • Luanda is the leading destination city attracting 23 inward investment projectsfrom 21 companies between January 2003 and May 2008. The top 10 destination cities attracted 47% of inward investment projects.

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