๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ง๐ ๐
๐ฎ๐ญ๐ฎ๐ซ๐ ๐๐ข๐ซ๐๐๐ญ๐ข๐จ๐ง๐ฌ
๐ Yesterday, Laura Sente and Michรจle de Clerck attended the ๐๐จ๐ง๐๐๐ซ๐๐ง๐๐ marking the 1st anniversary of Belgium's Foreign Direct Investment (FDI) regime, hosted by FOD Economie / SPF Economie / FPS Economy.
๐ ๐๐๐ฒ ๐ฌ๐ญ๐๐ญ๐ฌ ๐๐ซ๐จ๐ฆ ๐ญ๐ก๐ ๐ฉ๐๐ฌ๐ญ ๐ฒ๐๐๐ซ (1 July 2023 - 30 June 2024):
โข 68 FDI filings were submitted. Of these, 53 have already been approved, and none have been prohibited. The remaining filings are still under review.
โข 1 ex officio procedure was initiated and closed without further information.
โข Only 7% of the filings (5 in total) entered a phase 2 review.
โข 43.4% of foreign investors came from the U.S., while Chinese investors accounted for less than 3%.
โข The top 3 investment sectors were data, healthcare, and digital infrastructure.
โข Flemish investments made up the majority of investments.
๐ ๐๐จ๐จ๐ค๐ข๐ง๐ ๐๐ก๐๐๐, the Interfederal Screening Commission (ISC) indicated that it intends to improve the notification process and IT tools. For example, a recent upgrade now allows multiple representatives from the same investor to access the filing application simultaneously, making the process more efficient.
๐๐จ๐ซ๐ ๐ข๐ง๐๐จ?
โข The ISC's annual report, summarizing its findings, was published yesterday
๐ https://lnkd.in/eyY6xx8A
โข Check our previous In the Pictureโs on this topic:
๐ https://lnkd.in/ebQbqEHw; and
๐ https://lnkd.in/ed_R7WBC
#ForeignDirectInvestment #FDI #CompetitionLaw #Investment #Economy #BusinessGrowth #meetcontrast
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