Geneva -- Landlocked developing countries (LLDCs) perform poorly as hosts for FDI, says a new UNCTAD publication, FDI in Landlocked Developing countries at a Glance. The combined inward FDI flows of these 30 countries account for less than 1% of total world flows, and their average FDI per capita is well below the developing country average. This poor performance may be related to the LLDCs´ lack of territorial access to the sea, remoteness and isolation. Geography certainly imposes constraints on the type of FDI that countries are likely to attract, but it need not result in a failure to attract FDI if appropriate investment policies are adopted, UNCTAD says.
The new study, the first of its kind, was released on the occasion of the International Ministerial Meeting of Landlocked and Transit Developing Countries and International Financial and Development Institutions on Transit Transport Cooperation, held in Almaty, Kazakhstan, 28-29 August.
For more information, please read the document "FDI in Landlocked DevelopingCountries at a Glance" (PDF) (www.unctad.org/system/files/official-document/iteiia20035_en.pdf).
