New research shows how foreign-owned factories tend to be more productive, higher paying, and more technologically advanced. Here’s how U.S. companies benefit.
Although it might be tempting for manufacturers to invest in solving only their immediate workforce needs, a larger investment in building the regional workforce development pipeline can make for stronger suppliers, as well as a more capable talent pool in the future as the company prepares to grow. Second, one of the potential benefits of foreign investment for domestic firms is fresh ideas.
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Iran’s president says his country needs more than $100 billion in foreign investmentIran’s president has said his country needs about $100 billion in foreign investment to achieve an annual target of 8% economic growth. The remarks by Masoud Pezeshkian, who was elected in July, came in his first live televised interview by state TV. Experts say growth in GDP of 8% would reduce double-digit inflation and unemployment rates.
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