Survey
* Your assessment is very important for improving the work of artificial intelligence, which forms the content of this project
* Your assessment is very important for improving the work of artificial intelligence, which forms the content of this project
Ernst & Young Attractiveness Study The Euro-Mediterranean area already ranks third in terms of GDP GDP (US$ billion 2007) European Union* #1 North America #2 21 242 China #5 15 200 3 713 6 856 3 669 Latin America and Caribbean #6 Source: IMF 2008 – Current Price 1 EuroMediterranean Area* #3 5 852 1 249 India #8 South East Asia & Japan #4 …and third in terms of foreign direct investment inflows Inward FDI (US$ billion 2006) European Union* #1 537 244 China #5 69,5 North America #2 217 16,9 India #8 84 EuroMediterranean Area* #3 44 South East Asia & Japan #7 Latin America and Caribbean #4 Source: UNCTAD 2008 including M&A *Northern Rim countries (Spain, Portugal, Italy, France, Malta and Cyprus) are part of both the European Union and the Euro-Mediterranean area 2 International investors have identified projects in the Euro-Mediterranean area… but also alternative, attractive destinations in Asia and Europe Location intentions in the Euro-Mediterranean area Yes definitely 12% Definitely not Total Yes: 33% 31% 21% 24% Probably not Yes probably ► Versus 43% of location intentions in Asia and Southeast Europe 12% Can't say Source: Ernst & Young Euromed Attractiveness Survey 2008 - 315 international executives 3 Turkey and other Mediterranean challengers are seen as promising destinations for value-added activities The 3 most promising countries in terms of value-added activities and R&D (first quotation) 21% 15% 12% 6% 6% 4% Turkey 2% 2% 1% Israel Morocco Egypt Tunisia Jordan Libya Algeria Lebanon Syria Source: Ernst & Young Euromed Attractiveness Survey 2008 - 315 international executives 4 3% Ernst & Young Business Case Key Drivers GLOBALIZATION DIVERSITY MARKET LEADERSHIP STRENGTHENING OUR BRAND IMPROVING QUALITY AND CONSISTENCY 6 Process 2000 CREATION OF GEOGRAPHICAL AREAS 2008 CREATION OF 4 AREAS 7 4 Areas AMERICAS EMEIA FAR EAST JAPAN 8 Barriers LANGUAGE COUNTRY LEGAL FRAMEWORKS LABOR RESTRICTIONS FINANCIAL RESTRICTIONS 9 Benefits BETTER BALANCE OF CULTURES CULTURE OF MOBILITY INCREASED QUALITY IMPROVEMENT OF SYNERGIES BETTER MANAGEMENT 10