81.   Foreign direct investment continues to flow into the country as the government proceeds with the privatization of various state industries, including Telebras, the communications company.

82.   Foreign direct investment for the assembly of semi-finished goods by low-paid, unskilled labor contributes little to a developing country, the Unctad report found.

83.   Foreign direct investment is also rising sharply, and many governments continue to pursue market-friendly economic and other reforms.

84.   Germany for years has suffered a net outflow of direct investment as investors seek lower-cost sites for their production.

85.   Government and industry agree that a record level of taxes and social insurance levies is a major cause of the net outflow of direct investment in recent years.

86.   Half the direct investment went to Asia.

87.   He reckons Latin shares will rise substantially over the next few years, in part driven by foreign direct investment.

88.   He said only a handful of Korean companies have direct investment in Brazil.

89.   Hong Kong is also responsible for two-thirds of direct foreign investment in China, he said.