U.S. Maintains Rank as Foremost Investor in the Netherlands
Despite continuing difficult economic times, the Netherlands remains a powerful magnet for worldwide foreign direct investment, posting impressive results for 2012. The Netherlands Foreign Investment Agency supported the attraction of 170 foreign investment projects, representing 5,166 jobs and planned investment of $1.248 billion. The NFIA is an operational unit of the Ministry of Economic Affairs.
While more than half of the projects originated in Asia, North America recorded 36 percent of the total. The United States maintains its top spot as the leading single-country investor overall with 58 projects, a healthy increase over the previous year’s sum of 46. China posted 31 projects, Korea 19, Japan 4 and Taiwan 10 to round out the top five.
Forty-one of United States’ 58 projects were initial investments into the Netherlands. Adding in three projects from Canada and one from Mexico, the North American totals are: 62 projects; 2,435 jobs; and $495.1 million investment. All three of these figures represent substantial boosts from 2011.
The list of successful projects in 2012 includes the global headquarters for D.E. Master Blenders 1753 (Sara Lee spinoff) in Amsterdam and the new European headquarters and R&D facilities for Avery Dennison. Noteworthy projects in the U.S. include European headquarters for Reachlocal, Envivo, and Dawn Food Products, as well as a manufacturing expansion for Invista.
Illustration courtesy of NFIA.
Compiled from NFIA news release.