Brazil, China top investment favorites by Spanish companies in coming year

Analysis

Brazil and China are listed as the top two investment destinations favored by leading Spanish companies in the coming year, according to a survey released on Tuesday.

The survey, conducted by the world’s leading audit and advisory firm KPMG, showed that some 27% of the Spanish companies expect to invest in Brazil and China within one year, Spanish daily ABC reported. They are followed by the United States, which is considered by about 20% of the surveyed companies as their investment priority.

The survey also showed that Spain’s investment environment has been improved, and the country is expected to draw more foreign investment in the coming years. Official figures showed that Spain drew foreign investment totaling €36.03 billion ($55.85 billion) in 2007, the second highest amount in history. (Xinhua)

ADVERTISEMENT

Croatia inflation steady in May Figures

Croatia inflation steady in May

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Duncan Graham reelected as BCCH president Appointments

Duncan Graham reelected as BCCH president

Budapest launches revamped coupon card for visitors City

Budapest launches revamped coupon card for visitors

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.