Romania ranked 17th in the ranking of foreign direct investment (FDI) inflows to emerging markets, according to the Direct Investment Confidence Index.

The document analyses confidence about future foreign direct investment flows and was published Thursday by the Global Business Policy Council, the strategic service of management consulting firm Kearney.

The authors of the report point out that although Romania is not among the top 25 countries for foreign direct investment inflows in the world ranking, it is the 10th largest EU economy in terms of nominal GDP. Foreign direct investment in Romania has increased from USD 10.6 billion in 2021 to 11.3 billion in 2022.

Foreign direct investment opportunities in Romania include projects in IT, automotive, telecommunications, energy, services, manufacturing, consumer products, banking and insurance. According to the source, legal instability and corruption affect investor confidence, but a well-trained workforce, natural resources and efforts to reduce administrative burdens encourage foreign investment.

Romania is among the newcomers in the top 25 of the second annual ranking of developing markets analysed in the report. In fact, seven of the 25 markets included in the index – Poland, Chile, Romania, Peru, Hungary, Uruguay and Oman – made the list for the first time.AGERPRES