MACHINE NAME = WEB 2

LUXEMBOURG: FURTHER DOWNTURN IN FDI FLOWS IN 2004


Press Release
For use of information media - Not an official record
UNCTAD/PRESS/EB/2005/012
LUXEMBOURG: FURTHER DOWNTURN IN FDI FLOWS IN 2004

Geneva, Switzerland, 14 October 2005

FDI inflows to Luxembourg (PDF) decreased by 37% to $57 billion (less than half the country´s average inflows in 2002-2003), due primarily to the fact that fewer special-purpose entities were established. In 2001, there was a total of 764 affiliates of foreign TNCs in Luxembourg, with sales worth €15.036 billion.

National investment profiles are being published online as they become available, based on each country´s reporting schedules. The profiles, which are part of UNCTAD´s World Investment Directory, provide quick electronic access to the latest statistics on foreign direct investment (FDI) and the operations of transnational corporations (TNCs). They also include statistical definitions and sources, a listing of relevant national laws and regulations, information on bilateral and multilateral agreements and a bibliography of the country concerned.