World Trade & Investment Network

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World Trade & Investment Network

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News

Posco sets $40bn Aussie hydrogen benchmark

Hydrogen partners: Hancock’s Garry Korte, Posco’s Joo-tae Lee and Hancock’s Tad Watroba (left to right) agree to commence feasibility studies on hot briquetted iron in April 2022. Image via Posco Australia’s government has taken initial steps to support South Korean steelmaker Posco’s plan to invest $40bn in the country’s green hydrogen industry, and has described the Asian […]

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London and Île-de-France are Europe’s top city and region of the future

1 The Île-de-France region holds the capital of Paris , Source: Depositphotos 3 MIN READ 2023-02-20 12:37:30 (LAST EDIT 2023-02-20 13:56:33) DENIS BALGARANOV London and Île-de-France are Europe’s top city and region of the future A new report by the Financial Times on foreign direct investment sees London maintaining a lead even after years of Brexit

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Canada Is Calling

Foreign direct investment continues to enter Canada at a steady pace. In Q3 2022, FDI inflows reached $18.7 billion, 31% greater than the five-year quarterly average and on par with the investment levels from the first two quarters of 2022. By investment type, Reinvested Earnings contributed the lion’s share of FDI inflows, capturing 72.2% of the total

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Governor says Nuevo León will receive US $12B in foreign investment

Nuevo León governor Samuel García predicted that foreign direct investment (FDI) in his state could double 2022 figures this year. While he withheld names due to confidentiality agreements, the governor said his predictions correlate with confirmed investments to be made in his state. During the second annual business meeting between Jalisco and Nuevo León, held

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Reviving Nigeria’s neglected $700bn mining sector

The country wants to better capitalise on its rich mineral resources Hard work: Nigeria’s resource-rich regions have long been exploited by illegal mining operations. Image via Mercury Bloomb Amid the global push for green energy solutions, Nigeria’s reserves of critical minerals such as lithium, manganese and nickel are in high demand, prompting the government to release a series

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FDI round-up: TikTok expands in Europe, Taliban converts US bases into SEZs, recycled plastic consortium chooses France

Top story: Chinese social media platform TikTok plans to open two new data centres in Europe. Image via Getty Image TikTok will open two new data centres in Europe, the firm’s general manager for the region, Rich Waterworth, wrote in a blog post on February 17.  It follows the Chinese social media platform’s announcement last April that it

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