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Munich: fifth place ranking
for Asian investment in Europe
(May 24, 2005) Greater
London, the Rhine/Ruhr and the Rhine/Main regions are the top recipients
of the wave of Asian investment sweeping over Europe, according
to a study completed in mid-April by Swartzberg GmbH.
These areas account for
more than a fifth of the 885 subsidiaries founded in Europe by the
1500 top techs from Taiwan, China, South Korea, India and five other
Asian countries. Trailing these top three regions are Paris and
Munich.
Other findings of the
study: the Asian companies set up subsidiaries in Europe at a 50%+
annual clip during the last three years. This rate will be sustained
in 2005. Nearly half (47%) of the Asian techs are reporting plans
to set up subsidiaries on the continent during the year. The
Asian techs' current favorites in Europe: the Rotterdam and Eindhoven
regions in the Netherlands, Germany central and eastern Europe.
The size and strength
of the wave of Asian investment should not be allowed to obscure
a key point. Europe is the last major international market to be
taken on by the Asians. The first one was Asia itself. Some 72%
of the Asian techs have established subsidiaries in other countries
in their home continent. China (by far) and Japan lead in this regard.
Number two: the USA, in which 39% of the Asian techs maintain subsidiaries.
The comparable figure for Europe: 24%.
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