Bangladesh appears as a worst performing country in Greenfield foreign direct investment (FDI) index in 2020. It ranked as third lowest performer at global level in attracting foreign direct investment.
Bangladesh scored 0.31 in the index, which looked at inbound greenfield investment in 2019 relative to the size of each country's economy. A greenfield investment is a project where foreign investors set up a new business or expand existing ones.
It is the best way to enter a foreign market if the investing company wants to achieve the highest degree of control over foreign activities, says FDI India.
African country Togo topped the list of best-performers in attracting greenfield investment, fDi Intelligence reports.
"Togo's strong performance in 2019 gained the west African country the crown as the world's best-performing country relative to its size when it comes to attracting FDI."
Rwanda, Costa Rica, Mozambique, Serbia, Lithonia, Senegal, Zimbabwe, Georgia, and Singapore also made it to the list of top performers.
However, Bangladesh is attracting much less FDI in proportion to the size of its economy, the fDi Intelligence report says.
The 10 worst-performing nations in the index are Japan, China, Bangladesh, Iraq, South Korea, Norway, Pakistan, the United States, Italy, and Ecuador.