Investor confidence in South Africa has improved in 2014, reveals a report from a global management consulting firm released on Monday.
South Africa climbed two spots to become the thirteenth most attractive destination for foreign direct investment globally, said the report by AT Kearney.
The firm surveyed the senior executives of 300 of the world's leading corporations.
Last year, South Africa dropped three spots from number 12 to 15 on the list.
According to the latest Foreign Direct Investment Confidence Index (FDICI), the US remained the most attractive investment destination.
"The findings bode well not only for the US, but for the global economy: nearly four out of five respondents are more optimistic about the global economy than they were a year ago," AT Kearney said.
China ranked number two and Canada number three on the list. READ MORE
Source: www.engineeringnews.co.za
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