Hungary’s politics – perceived by some as insular – might have drawn flak, but they have certainly not deterred investors. Officials say the country’s stability is successfully attracting FDI as well as substantial reinvestment, while exports recently hit a high, as Courtney Fingar reports.
- Alternative/Renewable energy
- Automotive Components
- Automotive OEM
- Building & Construction Materials
- Business Machines & Equipment
- Business Services
- Ceramics & Glass
- Coal, Oil & Natural Gas
- Consumer Electronics
- Consumer Products
- Electronic Components
- Engines & Turbines
- Financial Services
- Food & Tobacco
- Hotels & Tourism
- Industrial Machinery, Equipment & Tools
- Leisure & Entertainment
- Medical Devices
- Non-Automotive Transport OEM
- Paper, Printing & Packaging
- Real Estate
- Software & IT Services
- Space & Defence
- Warehousing & Storage
- Wood Products
The transportation and warehousing and storage sectors form the backbone of the logistics industry, and it is the UK and Mexico that are attracting the most FDI in this field, although the US and China also score well on a country basis, while on a city level Dubai and Singapore have proved popular.
The Infinity Park enterprise zone in Derby has been granted enterprise zone status, which is expected to boost its attractiveness to investors.
Famed for its bourbon, horse racing and fried chicken, Kentucky's economy is roaring thanks to the collective successes of these three industries. State officials are keen to further diversify the economy, however, and promote less traditional sectors such as logistics and technology.
Natural resources, namely oil, have fuelled Middle Eastern economies for the past few decades, but the region's location at a meeting point between East and West also gives it a distinct advantage in the logistics field, something many of its countries are cashing in on.
Logistics providers are becoming an ever more crucial component in the supply chain, as businesses recognise the importance of being able to move products to any location, quickly.
An investment by South Africa-based chemical and energy company Sasol is set to be the largest single manufacturing investment recorded in Louisiana's history.
The Belgian region of Wallonia has set itself a target of becoming Europe's most attractive logistics hub by 2020. While this may appear a little ambitious, large companies are increasingly investing in the area, drawn to its pro-business environment, highly skilled workforce and excellent links to the rest of Europe.
The Port of Tanjung Pelepas has already developed at a phenomenal rate and work is pressing ahead to make sure the growth is sustained.
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