Asean Investment Report 2020–2021: Investing in Industry 4.0
2019 and 2020 were exceptional for ASEAN in terms of foreign direct investment (FDI): 2019 saw the region’s highest-ever inflows, at USD 182-billion – making ASEAN the largest recipient of FDI in the developing world – and 2020 saw the unprecedented impact of the COVID-19 pandemic, with a 25-percent fall in FDI, to USD 137-billion. Despite the decline, ASEAN remained an attractive investment destination; the region’s share of global FDI rose from 11.9-percent in 2019 to 13.7-percent – more than twice the amount seen during the 2007–2008 global financial crisis and nearly five times more than the annual average during