When it comes to FDI there are lots of facts and opinions out there on both sides of the argument about whether or not it is a good thing but I would like to look at what we have discussed throughout the semester and give a quick look at a few of the points.
Some of the positives that come out of FDI in wisconsin's example with Foxconn are things like job creation, investment, and new development. looking at other examples of FDI for example the one in Vietnam had mostly positive results with an increase in income and they were exceeding the predicted numbers for that year and they still had a month left. Along with this increased income came lot's of job creation and new development. On the other hand some companies that try to practice FDI have a track record of not following up on these promises leaving countries disappointed and lost because they were promised investment and job creation and got neither. FDI can also create unfair trading because a country can invest elsewhere and produce in that market and sort of take over the market and destroy the other "native" companies chances at being successful in their own market.
FDI in Wisconsin
Tuesday, December 12, 2017
Monday, December 4, 2017
FDI - Milwaukee 7
M7 regularly markets the region to European prospects in Spain, Germany, France, and Great Britain due to 60% of foreign direct investment coming from Europe.The efforts are paying off because M7 has facilitated 10 European FDI wins and thus expected to employ 800 workers in the region.
One example is Spain-based Ingeteam, a manufacturer of generators and inverters for the wind and solar energy markets, which selected Milwaukee for the firm's first U.S. manufacturing facility. M7 led the regional response, persuading Ingeteam to select Milwaukee from more than 100 other sites in 10 U.S. regions.
The Ingeteam attraction project generated direct benefits for southeastern Wisconsin: 275 high-paying manufacturing jobs and millions of dollars in capital investment.
To find out more about M7, check out the link below!
http://www.mke7.com/index.phpsubmenu=foreignDirectInvestment&src=gendocs&ref=ForeignDirectInvestment&category=businessExpansion
One example is Spain-based Ingeteam, a manufacturer of generators and inverters for the wind and solar energy markets, which selected Milwaukee for the firm's first U.S. manufacturing facility. M7 led the regional response, persuading Ingeteam to select Milwaukee from more than 100 other sites in 10 U.S. regions.
The Ingeteam attraction project generated direct benefits for southeastern Wisconsin: 275 high-paying manufacturing jobs and millions of dollars in capital investment.
To find out more about M7, check out the link below!
http://www.mke7.com/index.phpsubmenu=foreignDirectInvestment&src=gendocs&ref=ForeignDirectInvestment&category=businessExpansion
Friday, December 1, 2017
Aviv Ezra and Scott Walker: Wisconsin, Israel work together to bolster water technology hubs
The Governor of Wisconsin and the consul General of Israel
have been working on water technology. Israel is strong in desalination
technology while Wisconsin is the leader in freshwater technology. This collaboration
is leading to a strong relationship. For both of Wisconsin and Israel, their
goals for this collaboration are the following: We aimed to enhance academic
affiliations, foster business connectivity, cement strategic partnerships and
increase exports. The continued foreign investment in Wisconsin has encourage more
collaborations between Israeli and Wisconsin water technology organization. To learn more about the relationship between Israeli and Wisconsin click on the link.
Tuesday, November 21, 2017
Why Foreign Direct Investment in Wisconsin
There are many questions when it comes to investment in general but even more so when it come to foreign direct investment. One of the biggest's questions is why should we do it. There are many driving forces behind the new investment in Wisconsin ranging from income, job creation, development and many other things but some people believe that one of the driving forces behind this new push for Foxconn's investment in Wisconsin is the fact that our governor promised a lot of job creation and has yet to reach the goal that he sort of pledged in his campaign and that this would help him to reach this job goal.
Sunday, November 12, 2017
Invest.InWisconsin.com
Over the past decade, FDI has been responsible for more than $7.8 billion in capital expenditures and the creation of more than 13,000 jobs in WI. Just recently, in an effort to draw additional investment to WI, the Wisconsin Economic Development Corporation has launched a new website and bimonthly letter to make the case for global companies seeking to expand or relocate to come to Wisconsin.
Invest.InWisconsin.com is a website that can be used as a resource for international businesses considering WI for investment and job creation. In the past year, the primary role of the international development team at WEDC was to assist WI companies with exporting, but the new strategy recognizes the role of FDI.
The website also includes information about Wisconsin's key industries, the website also includes details about it's workforce, statewide incentives and the benefits of its central location.
http://invest.inwisconsin.com/en/
http://inwisconsin.com/insource-newsletter/new-website-supports-fdi-strategy-in-wisconsin/
Invest.InWisconsin.com is a website that can be used as a resource for international businesses considering WI for investment and job creation. In the past year, the primary role of the international development team at WEDC was to assist WI companies with exporting, but the new strategy recognizes the role of FDI.
The website also includes information about Wisconsin's key industries, the website also includes details about it's workforce, statewide incentives and the benefits of its central location.
http://invest.inwisconsin.com/en/
http://inwisconsin.com/insource-newsletter/new-website-supports-fdi-strategy-in-wisconsin/
Monday, November 6, 2017
Importance of FDI to the economy
Foreign Direct Investment (FDI) made by companies helps to
establish new business operations and acquire new relationships and assets in a
new country. According to FDI Confidence Index, a global business executive
survey, the US remains the top-ranked FDI destination for 4 year in a row. The
United States economy is showing resilient to the risks that other countries
are facing, including other first world countries. Companies look for the
following before deciding where to place their next investment, Labor availability
and wage rats, complexity of tax codes, effectiveness of political systems,
strength of public education, and conditions of infrastructure and ongoing
commitment to maintain. These companies strive for a friendly-business environment. Companies that find an area that meet these criteria are more likely to build a new part of their company there, therefore will help that cities economy and in the long run help the US economy.
http://www.areadevelopment.com/LocationUSA/2017-US-inward-investment-guide/importance-of-FDI-to-US-economy.shtml
Tuesday, October 31, 2017
Other Examples of Foreign Direct Investment
Vietnam's Foreign Direct Investment:
Vietnam was predicted to have a total of $28 billion in FDI this year and have already surpassed that number recently reaching a total of $28.24 billion and there are speculations that they might be able to reach a total of nearly $30 billion by the years end. Roughly $16 billion of this capital is newly registered-capital and about $5 billion has come from M&A activities (mergers and acquisitions). This is a good example of how FDI can work in a countries favor, although much of Vietnam's investments have been a result of M&A activities it is still bringing more money into the country than without these investments. There are many examples of FDI working out exactly as everyone would hope and being profitable and positive for all parties involved but unfortunately when it comes to Foxconn as a company they seem to have a hit and miss track record when it comes to following through with their contracts and promises.
For more information on Vietnam's FDI situation:\
http://english.vietnamnet.vn/fms/business/189352/vietnam-expects--30-billion-fdi-by-year-end.html
Vietnam was predicted to have a total of $28 billion in FDI this year and have already surpassed that number recently reaching a total of $28.24 billion and there are speculations that they might be able to reach a total of nearly $30 billion by the years end. Roughly $16 billion of this capital is newly registered-capital and about $5 billion has come from M&A activities (mergers and acquisitions). This is a good example of how FDI can work in a countries favor, although much of Vietnam's investments have been a result of M&A activities it is still bringing more money into the country than without these investments. There are many examples of FDI working out exactly as everyone would hope and being profitable and positive for all parties involved but unfortunately when it comes to Foxconn as a company they seem to have a hit and miss track record when it comes to following through with their contracts and promises.
For more information on Vietnam's FDI situation:\
http://english.vietnamnet.vn/fms/business/189352/vietnam-expects--30-billion-fdi-by-year-end.html
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