How can companies in developing countries attract the foreign investment and commitment needed to manufacture increasingly sophisticated vehicle components?

To obtain increased foreign investment, both countries and enterprises need to have an attractive investment environment, and be able to effectively inform and assist potential investors. Countries must be equipped with the knowledge, tools, and techniques to identify, attract, win and retain investment. Location is a major problem for companies in developing countries who want to attract foreign investment. Location-specific advantages and facilities are critical to an investor’s eventual foreign investment decision. For companies in developing countries it is very important to generate these advantages and facilities to attract foreign investment and guarantee long-term success.

Sustainable Development Goals:

Industry, Innovation and Infrastructure

Peace, Justice and Strong Institutions