FDI in the GCC

Muhammd Radi Ja, Lecturer; Afar,

	FDI in the GCC
The Arab Gulf
Article 6, Volume 14, Issue 3, 2011, Pages 89-118 PDF (0 K)
Authors
Lecturer Muhammd Radi Ja;
Abstract
Foreign direct investment is a source to compensate the shortfall in domestic savings and to increase the rates of GDP growth, the aim of FDI for host countries is to develop and utilization the economic resources in order to achieve higher rates of economic and social growth and raise the level of production and competitiveness of the national economy in a legislative framework reflects the economic policies laid down by the State in order to create an economic and social environment, and create conditions to provide a suitable environment helps to promote the national capital to establish new investment projects in the areas of production of goods and services as well as help expand the exploitation of unexploited production capacities and increasing opportunities to transfer and use of modern technology and create more employment opportunities for citizens in the development of human resources to contribute to increase rates of economic growth and social development. In the context of these facts the great importance of attracting FDI for the countries of the Gulf Cooperation Council, appear like other countries in the world which is foreign direct investment, a vital means and complementary to domestic investment, as FDI is no longer just about the movement of capital, but has become one of the necessary resources to move knowledge in the field of modern management, technology transfer and development, training and development of local technical personnel and create more job opportunities for citizens. The GCC countries in the world entered the competition to attract FDI, but that the world had been preceded in this area, as the volume of FDI flowing into the GCC countries is low compared with countries of the world.

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