Economic Development Dispatch- August 2024

Edition 5

Dearest Readers,

Welcome to the latest edition of Econdev Dispatch. Dive right in and see what the buzz has been lately about in the world of economic development!

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• UK's new Product Safety and Metrology Bill signalling closer EU ties? Link

• The UK outlines strategies to attract global investments in line with the recommendations cited in the 2023 Harrington review of foreign direct investment. Link

• Hyundai Motor India announces new 65,000 sq. ft hydrogen innovation centre in Tamil Nadu. Link
  

  

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• IEA predicts investment in solar photovoltaics to cross USD 500 Billion in 2024. Link

• The Chips Program Office is tasked with overseeing one of the most ambitious manufacturing comebacks in US history. Link
  

  

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• World's premier ports hit a second year of muted cargo volume growth— Lloyd's list unveils 'One Hundred Ports 2024'. Link

• Can the EU achieve its goal of producing 20% of the world’s semiconductors by 2030? Link
  

  

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• The macro world is changing— global countries record multifaceted surges in capex. Link

• While the global demand for critical minerals escalates, challenges spur alongside opportunities for developing countries. Link

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• Dubai maintains the no.1 spot for attracting Greenfield FDI projects for the third consecutive year Link

• Irish agribusiness company ClonBio to invest USD 500 Million in new Wisconsin biorefinery, potentially creating around 1,000 jobs. Link

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• Statista’s list of the world's biggest sea-trading countries

  

  Stay tuned for more insights and discussions on economic development and corporate strategy in our September issue!

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