Economic Development Dispatch- June 2024
Edition 3
Dearest Readers,
Following two successful editions, we are stoked to bring to you the third issue of Econdev Dispatch. We are committed to curating sharp insights and actionable information from across the world to help strengthen your corporate expansion and economic development strategy. We hope you have a wonderful read!
Could this homegrown tech in a town in Uttar Pradesh make India’s garbage mountains disappear? Link
Microfactories in Shoalhaven can now manufacture green ceramics from waste. Link
Chinese companies are relocating production to avoid US tariffs. Link
Global FDI projects hit 2.3 trillion USD in 2023, with 2.8 million jobs created worldwide. Link
Developing countries continue efforts to promote investment- UNCTAD unveils its World Investment Report 2024. Link
Canada revealed to be the epicentre of mining projects. Link
Dubai envisions becoming more than just a transit hub for travellers. Link
World Bank: 2023 Global Trade Nearly Flat, Weakest in 50 Years Outside Recessions. Link
Hyundai-LG Energy partnership builds Indonesia’s first EV Battery cell plant with a 1.1 billion USD investment. Link
Battery Production & Manufacturing tops Chinese EV investment; Western Perfectionism Drives Expansion in Emerging Markets
ASEAN Overtakes China for Manufacturing
US & Europe and East Asia switch places on semiconductors: US & Europe's share dropped to 18% in 2022 from 81% of the global manufacturing capacity for 200mm+ chips in 1990. Meanwhile, Japan, South Korea, China, and Taiwan went from less than 20% to 76%.
Stay tuned for more insights and discussions on economic development and corporate strategy in our July issue!
