ED RICHARDSON South Africa has been ranked among the top 15 destinations for Foreign Direct Investment (FDI) in the 2005 United Nations Conference on Trade and Development (Unctad) Global Investment Prospects Assessment (GIPA). The main message from the 2005 global surveys is positive, particularly for developing countries like South Africa. “The findings suggest that countries need to seize the investment opportunities but also to pay attention to the quality of FDI, given the fierce competition for investment”, says Supachai Panitchpakdi, Secretary-General of UNCTAD. Along with China, a number of other developing countries are among the top 15, including South Africa, India, Brazil, Malaysia and the Republic of Korea.
