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Outline the advantages of private foreign investment

Outline the advantages of private foreign investment

Answers

John
1. It helps in generating employment opportunity to the locals by employment from locals.
2. They come with them entrepreneurial skills and management skills and also technological skills which can be transferred to other areas locally through training programs.
3. It is a source of revenue through taxes- multinational companies' are taxed and this tax can help to provide services and develop local projects.
4. They contribute to fill the gap between targeted foreign exchange requirements and those derived from net export earnings plus net foreign aid.
5. They fill the gap between targeted investment and the locally mobilized savings which leads to local investment. This enable a country to achieve growth target and also the output growth.
Jonmhumble answered the question on October 18, 2017 at 06:33

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