Increasing Agricultural Productivity:
Encouraging Foreign Direct Investments in the COMCEC Region
43
Figure 14: Number of agricultural FDI projects by jobs created and year in the COMCEC Region
(2003-2012)
Source: fDi Intelligence from The Financial Times Ltd
In terms of project type, 82.5 percent
of projects are new investments. New
projects have an average capital
investment of USD 130.00 million and
job creation of 329 per project.
The average capital investment for
expansion and co-location is USD
50.50 million and USD 159.30 million
respectively. The average number of
jobs created in these project types is
150 and 470 respectively. Co-location
refers to the act of placing multiple
(sometimes related) entities within a
single location.
Figure 15: Number of projects by type in the
COMCEC Region
Source: fDi Intelligence from The Financial Times Ltd
A survey of investors revealed the motives for 58 significant investment projects. The key
reasons for investment, as shown in Figure 16, were domestic market growth potential,
proximity to markets or customers, regulations or business climate, in that specific order.
3
1
1
1
3
2
3
3
3
1
3
2
3
1
4
4
1
3
2
3
3
4
3
2
1
5
1
3
1
3
4
1
3
3
3
2
3
4
1
21
16
19
20
21
35
34
31
42
35
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
9 or less 10 to 24 25 to 49 50 to 74 75 to 99 100 or more
330
66
4
New
Expansion
Co-location