1、1#49 OCTOBER 2025Trends MonitorGlobal InvestmentTrends MonitorGlobal Investment#49 OCTOBER 2025Downturn in global investment persists in early 2025HIGHLIGHTSINDUSTRY AND INFRASTRUCTURE PROJECT ANNOUNCEMENTS 15%LOWER;DEAL PACE ACCELERATING IN THE 3RD QUARTER Global FDI remains weak.Following two cons

2、ecutive years of decline,preliminary data for the first half of 2025 indicates a further 3%decrease in global foreign direct investment(FDI)(figure 1).New project announcements also continued their downward trend.Investor caution deepens.Tariff escalation and ongoing geopolitical tensions have heigh

3、tened investor uncertainty,leading to a widespread wait-and-see attitude across many sectors.Cross-border mergers and acquisitions(M&As)remained subdued,with deal values declining by 23%in the first half of 2025;however,early indicators show increased activity in the third quarter.Figure 1 Investmen

4、t trends,by region,2025:H1(Per cent change vs 2024 half year average)WorldDeveloped economiesEuropeNorth AmericaOther developed economiesDeveloping economiesAfricaLatin America and the CaribbeanAsia73730382176454342893322FDI valuesFDIGreenfieldprojectsInternationalproject financeCross-borderM&AsGrow

5、th rates(%)-3-7-25+5-70-42+12+7+7+48+28+79+23-37-58-15-20-8-32-35-36-12+21+1+23+29-23-18-1-23-52.+254-67Source:UNCTAD,based on information from The Financial Times,fDi Markets(www.fD)and LSEG Data&Analytics.2#49 OCTOBER 2025Trends MonitorGlobal Investment Infrastructure and manufacturing take a hit.

6、The value of international project finance deals primarily concentrated in infrastructure sectors fell by 8%(figure 1).Greenfield investment project announcements,mostly in industrial sectors,also declined,dropping by 17%in number(figure 2).Supply chain-intensive manufacturing sectors were especiall