A few days ago, IBM's Global Location Trends report-October 2009 was released.
IBM’s Plant Location International services have been around for 50 years. This IBM team provides advice to companies on their location decisions, covering all sectors and types of business functions. Over the years, this team has acquired extensive expertise and knowledge on what shapes corporate investment decisions. The team also works with government agencies worldwide for economic development and investment promotion in their efforts to improve and market their locations to investors.
Highlights from the 2009 Global Location Trends report include:
- The economic recession clearly affected global investment activity: a decline of 25% in jobs created through foreign investment.
- Various 'hot-spots' among the emerging markets were severely affected, as companies postponed or cancelled larger, risk bearing projects.
- Stable, mature markets performed relatively better than the emerging markets, still attracting the smaller, consumer oriented projects, and being a safe choice for many consolidation projects (although the majority of these also showed overall decreases).
- The widening of global investment continued. Despite the overall decrease in total investment, companies extended their search for markets, talents, and cost efficiency to new corners of the world. In particular, Africa continues to increase its share of global investment.
- First indications for 2009 show that the above trends continue up until recently. Q3 and Q4 however clearly show signals of increasing activity. This is unlikely to lead shortly to similar numbers of new jobs as in recent record years, but shows that companies are beginning to change their focus to growth strategies again.
To find out more about IBM's Plant Location International team or to download the Global Location Trends report, visit the IBM Global Location Trends website