From the EY report on foreign direct investment (FDI) yesterday, the key findings are:
- A new record for FDI projects in 2017 for the third consecutive year with an increase of 7% compared to 2016
- Scotland secures its position as the most attractive location in the UK for R&D projects for a second consecutive year with an increase of 70% compared with 2016
- The digital sector experienced a 56% increase in FDI projects and was the second largest sector to attract investment into Scotland behind business services
- Manufacturing activity experienced a 25% increase of FDI in 2017 compared to 2016
- 2nd place ranking, behind London, as the most attractive place to invest in the UK
- FDI job creation increased by 104%, from 3,131 to 6,374