fDi Intelligence

The European data centre industry is on track for its biggest growth yet, reports

European data centres on track for “biggest growth yet” Cloud computing and AI are driving investments into new facilities across the continent

's soft power push in sparked the African Union being admitted to the . Our data shows investors are being swept up by strengthened strategic ties, as highlighted by a pledge this month by Indian conglomerates to invest $14bn in .

India’s ambitions for Africa trigger mounting FDI wave A $14bn pledge by four conglomerates boosts Modi’s soft power push in the continent

A set of initiatives on London’s Oxford Street intends to lure shoppers back by regenerating the public realm and replacing undesirable tax-resistant tenants like US-style candy stores with innovative and creative start-ups, writes

London's high street revival: less candy, more start-ups Plans to replace undesirable tenants in Oxford Street aim to fuel post-pandemic recovery

📝 Out Now: The fDi Tourism Investment Report 2023 📝

According to our newly released report co-produced with the World Tourism Organization (UNWTO), investment in the global tourism cluster has begun to recover from the pandemic lows.

Download ➼

fDi Insights The fDi Tourism Investment Report 2023

The emerging artificial intelligence divide in Europe – London is home to about 25,000 engineers, with any other major European city chasing from afar. Full story at this link 👉 https://on.ft.com/45QbKej https://on.ft.com/44Rn2gQ

inaugurated its programme by awarding the first residency permit to founder Sam Altman. The gov is going to use the one-week-old scheme's 'notable individuals' sub-category to boost its AI ecosystem and tech talent.

Indonesia enters talent war with ChatGPT golden visa The new residency scheme seeks to woo AI and tech experts as much as investment

Fear and loathing in Ras Vegas – Historically known for ceramics, Ras Al Khaimah is now targeting gambling and luxury tourism

Fear and loathing in Ras Vegas Historically known for ceramics, Ras Al Khaimah is now targeting gambling and luxury tourism

💻 companies and 👩‍💼 talent are flocking to for its unique lifestyle offering and family-focused culture.

📈 The rapid growth of the tech community in ‘Silicon Slopes’ – a stretch of cities along the Rocky Mountains from Ogden through Salt Lake City to Provo – has been remarkable. In 2022, there were almost 67,500 tech jobs in Utah's state capital Salt Lake City, an increase of 12% on the pre-pandemic year 2019, according to the CompTIA.

🦄 Recent growth is based on strong foundations. Relative to the size of the state's economy, Utah is only behind California for the number of unicorns founded in its borders between 1991 and 2021, according to an analysis undertaken by Ilya Strebulaev at Stanford University Graduate School of Business. Utah-founded tech success stories include Overstock, Vivint, Omniture, Pluralsight, Domo, Divvy and Qualtrics.

⛷ Entrepreneurs have moved their lives to Utah for its well established tech scene and unique outdoor activities – including skiing, hiking, mountain biking and more. Tony Lewis of Aumni says his decision to move was "a culmination of business, life and family choice of wanting to move and raise our kids in a great geography."

⛪ Utah's inseparable development with the Mormon Church makes it a unique tech ecosystem. "That thoughtfulness in building community, even with that rugged individualism that is so common in the western US, has made Utah a very unique place,” says Governor Of Utah Spencer Cox

📚 Read it all at

Salt Lake City becomes new tech paradise The city’s outdoor activities and family-oriented culture help attract talent and start-ups

Join Us at IEDC's Annual Conference in Dallas, Texas! 🌟

Come meet our team of experts and discover how fDi Intelligence can be your trusted partner in navigating the complex world of .

🗓️ Date: 17-20 September
📍 Location: Dallas, Texas
🎉 Booth: 203

All around the world, cities are breathing new life into their abandoned railway stations, yards and tracks. Developers and governments are working together to turn rusting rail infrastructure and empty land alongside tracks into parks, public spaces and mixed-use developments. Converting these spaces, which are often on prime real estate in city centres, has become one of the hottest trends in urban regeneration. From The High Line in to Parco Romana in , City Link in Western Australia to the €25.2bn Nuevo Norte in 's capital, recycling railways is proving an ideal way to revive metropolitan areas. Check out our latest cover story which takes a tour of the most ambitious projects the world over.

There are opportunities everywhere. Where are they in your city?

Back on track: cities en route to urban regeneration From Milan to Detroit to Perth, recycling abandoned and underused railway infrastructure is becoming the hottest trend in urban regeneration. Danielle Myles reports

Milan’s innovation ecosystem has recently gained international investor attention. Between January and September 2022, more than €1.3bn was invested into Milan’s start-ups — an increase of 90% on full-year 2021 figures and beating all previous full-years on record, according to PitchBook data.

Alex Irwin-Hunt investigates the world of Milanese fintech, cleantech and other entrepreneurial innovations, to find out why people are saying ‘Yes’ to investing in Milan. In association with Milano&Partners. https://bit.ly/3iB5ByL

Milan’s new innovation era Italy’s economic hub makes its mark on the European tech map

Milan is making its mark as a European tech hub. What’s behind the city’s surge in innovation, and why are big-name international investors pouring funding into its start-ups?

This multimedia report explores Milan’s arrival on the global map of innovation hubs; compares its ecosystem with other European hubs; examines its recent success stories in fintech, digital tech and cleantech; and looks at the main players across the city’s innovation landscape. In association with Milano&Partners. Read now https://bit.ly/3EasT5I

Milan's new innovation era Italy's economic hub makes it mark on the European tech hub

Costa Rica was the best performing country in 2021 in terms of foreign investment relative to the size of its economy. It is followed by North Macedonia and the UAE.

https://on.ft.com/3dvqngF

Pandemic redraws FDI outperformers map In 2021, Costa Rica, the UAE and North Macedonia were the world’s best FDI performers relative to the size of their economies

A new book argues for a different approach to scaling internationally. Could this new 'global class' of fast-growing companies have the recipe for success in overseas markets?

https://on.ft.com/3QJ68dR

Global expansion has changed The new cultural recipe needed when scaling internationally

Dating back to the nineteenth century as an energy fuel, hydrogen has recently emerged as the Swiss army knife of the green transition. While neither an energy source nor a like-for-like fossil fuel alternative, the most abundant chemical element on the earth’s surface can be used to decarbonize hard-to-abate sectors, at least if produced from renewables. Knowledge Partner: Enel Foundation. Read the full report https://bit.ly/3sQ6d5U

Batteries stand at the heart of the energy transition. The competitiveness of cleaner technologies for electricity generation and transportation, which together account for two thirds of global greenhouse gas emissions, hinges on their growing levels of energy density and falling costs. Knowledge Partner: Enel Foundation. Read the full report https://bit.ly/3sQ6d5U

Navigating the current economic and geopolitical landscape has become a challenge for foreign investors. With globalisation in retreat, they are walking a fine line between success and failure. Mounting barriers and red tape have put regulatory compliance in the spotlight as one of the pivotal factors that can tilt the balance either way.

In this video series, we discuss how investors can navigate complex foreign jurisdictions in the current, volatile economic landscape with Mark Weil, CEO of TMF Group, a compliance services firm. In association with TMF Group. Watch the series https://bit.ly/3uwmQ7t

Brazil’s private equity (PE) and venture capital (VC) markets have seen a surge in activity in recent years, with the technology sector being one of the biggest winners. However, there are already signs of caution in the market. Sponsored by ApexBrasil. https://bit.ly/39AZczq

Investors eye private capital opportunities in Brazil Venture capital and private equity investment booms on the back of “unimaginable” monetary stimulus

As one of the top 10 largest oil producers in the world, the energy industry plays a significant role in Brazil’s economy. New opportunities are emerging for investors in both the renewable and traditional sectors, driven by increasing consumer demand, government liberalisation and an abundance of natural resources. Sponsored by ApexBrasil. https://bit.ly/3bcKaAm

Brazil powers up its energy sector The country eyes more renewable energy capacity

Wind energy takes credit for first proving the concept of large-scale
renewable energy developments. With the debate around energy security and climate change mounting in the early 2000s, wind power emerged as a viable, although perfectable, alternative for countries and power utilities to diversify and clean their generation matrix. Knowledge Partner: Enel Foundation. Read the full report https://bit.ly/3sQ6d5U

Foreign direct investment into renewables has so far weathered the storm that hit the whole energy market in the wake of the Ukraine war, keeping the transition of the global economy to net-zero, a new report finds. https://bit.ly/3nblxXq

Renewables FDI weathers the Ukraine war storm The energy transition remains on an upward trajectory, the Switch Report 2022 finds

The Brazilian government has ambitious plans to develop the country’s economy through a modernisation programme based on reducing bureaucracy, stimulating investment, generating jobs and boosting income. At its heart is the sale of multiple state assets. Its infrastructure sector is one of the winners from these initiatives, with inflows of private capital being used to support key concessions and projects in transportation, sanitation and telecoms. Sponsored by ApexBrasil. https://bit.ly/3Qy2iF5

Long touted as the most widely available energy source, solar energy has come of age in the past 17 years. Solar photovoltaic (PV) in particular has experienced tremendous levels of innovation and scale, thus becoming truly ubiquitous.

Analysts expect this to be only the tip of the iceberg and solar PV to lead the renewable energy revolution moving forward and become more and more of a key pillar in any decarbonisation effort. Knowledge Partner: Enel Foundation. Read the full report https://bit.ly/3sQ6d5U