Foreign direct investments are expected to grow more slowly across the globe in 2012 amid the debt crisis and market turbulences, the United Nations Conference on Trade and Development (UNCTAD) said Tuesday, DPA reported. While global foreign investments rose 17 per cent to 1.5 trillion dollars (1.2 trillion euros) last year, the rate would slow to 6.7 per cent this year, according to a report by the Geneva-based body.
In 2011, figures rose back above the pre-crisis average recorded between 2005 and 2007.
Latin America, south-eastern Europe and former Soviet countries surpassed Asian regions as growth drivers, UNCTAD said. /Trend/