Increasing Agricultural Productivity:
Encouraging Foreign Direct Investments in the COMCEC Region
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3.1.1 Agricultural FDI Projects at Firm Level in the COMCEC Region
The FDI assessment on agricultural investments in the next section is based on the FDI Markets
database that tracks greenfield investment projects as well as expansion projects. It does not
include mergers and acquisitions (M&A) or other equity-based or non-equity investments, and
also retail projects have been excluded from this analysis.
The data presented includes FDI projects that have either been announced or opened by a
company. The data on capital investment and job creation is based on the investment the
company is making at the time of the project announcement or opening. As companies can raise
capital locally, phase their investment over a period of time, and can channel their investment
through different countries for tax efficiency, the data used in this report is different compared
to the official UNCTAD data on inward FDI flows. Furthermore, all FDI analyzes are based on the
total group of 57 COMCEC Member Countries.
The data is in our view a more accurate reflection of the real investment companies are making
in their overseas subsidiaries, and how this stimulates the economy in terms of invested capital
expenditures (Capex) and Jobs created. Some of the data shown includes estimates for capital
investment and job creation derived from algorithms when a company does not release the
information. All investment projects tracked are being constantly updated and revised based on
new intelligence being received and the underlying algorithms are constantly improving their
accuracy over time.
3.1.2 Overview of sectors and sub-sectors included in FDI analysis
Based on available data sources, the sub-sector activities have been classified as follows:
Table 12: Agricultural Sectors and Sub-sectors Included in the FDI Analysis
Agricultural Main Sectors and related Sub-Sectors
Animal production (main sector) Crop production (main sector)
Animal slaughtering & processing (sub-sector) Animal husbandry (sub-sector)
Dairy products (sub-sector) Plant production (sub-sector)
Other agricultural sub-sectors included in this analysis
Lime & gypsum products Medicinal & botanical
Grains & oilseed Other (Beverages)
Coffee & tea Other rubber products
Leather & hide tanning and finishing Pesticide
Grains & oilseed Fertilizers & other agricultural chemicals
Food services Fruits & vegetables & specialist foods
Food (all other) Sugar & confectionary products
Seafood products Tobacco
Wood products
Source: Investment Consulting Associates 2013