Tuesday, May 1, 2018

FDI helps the states economy

                            Image result for fdi in wisconsin companies
       


Foreign direct investments overall helps Wisconsin's economy. FDI's create many jobs within Wisconsin. These investments are mostly on the eastern part of Wisconsin, almost every county in the state has some direct foreign investment. In 2016 these foreign direct investments employed over 100,000 Wisconsin citizens.

For example: Fincantieri bought three shipyards in northeastern Wisconsin and has invested more than 100 million to improve their shipyards.

How can Wisconsin make these companies come to Wisconsin? They need to make Wisconsin attractive for these companies specific needs. An article stated that Wisconsin needs to leverage higher education and use global networks to reach potential investors.

SelectUSA has stated that 93,000 jobs are supported by foreign owned affiliates. Wisconsin's top sources of foreign direct investments are from Canada and Germany.

https://www.selectusa.gov/servlet/servlet.FileDownload?file=015t00000004pt1
https://www.jsonline.com/story/opinion/crossroads/2016/08/13/bousquet-ward-foreign-direct-investment-helps-power-states-economy/88692074/