Record Year for FDI

30 May 2016

2015 was a record-breaking year for foreign direct investment (FDI) in Scotland, according to the 2016 EY Scotland Attractiveness Survey.

Scotland retained its position as the top location in the UK outside London for FDI with a record level of investment projects won; total FDI projects are up by 51% and job creation up 52% in 2015.

2015 was also a record year for Scotland in attracting R&D inward investment; with 23 individual projects, up from 17 in 2014.  Scotland is now the top UK region for R&D projects.

Notably, Scotland's share of FDI projects is also increasing; in 2015 Scotland won 11.2% of all FDI projects into the UK, up from 5.9% in 2005. In terms of projects secured, Scotland has three cities in the UK top 10, with Edinburgh, Glasgow and Aberdeen featuring in third, sixth and tenth place respectively.

The top five countries investing in Scotland in 2015 were the USA, France, Germany, Norway and Canada. Paul Lewis, Managing Director of Scottish Development International, said: "We continue to promote Scotland as a country which is brilliantly connected for business, in sectors such as technology, life-sciences and financial services, where Scotland is internationally competitive."

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