28 states attracted no foreign investment in Q1, says NBS

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28 states failed to attract capital importation in the first quarter of 2023, according to the new Foreign Direct Investment data released by the National Bureau of Statistics.

This was followed by other investment with 38.31 per cent and Foreign Direct Investment with 4.20 per cent .

This was followed by capital imported into the production sector, valued at $256.12m , and IT Services with $216.06m . The report added, “Capital importation by country of origin reveals that capital from the United Kingdom ranked top in Q1, 2023 with $673.64m, accounting for 59.47 per cent. This was followed by the United Arab Emirates and the United States valued at $108.28m and $95.36m respectively.”

 

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