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Insider UK
Insider UK
Business
Peter A Walker

Scotland’s foreign direct investment grows again

Scotland outpaced both the UK and Europe on foreign investment - for the second year in a row - by securing a record 126 inward investment projects last year - up 3.3% on 2021’s 122 projects.

EY’s latest Scotland Attractiveness Survey showed that the nation also secured a record 13.6% share of UK foreign direct investment (FDI) projects, and is polling at record levels of attractiveness to investors as an FDI location outside London.

The strong performance is Scotland’s fourth successive annual increase in FDI projects, and is set against the background of a 6% decline in total UK projects - from 993 to 929 - and growth of just 1% across Europe.

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