NFIA RESULTS 2013 - Netherlands Foreign Investment Agency

NFIA RESULTS
2013
Netherlands Foreign Investment Agency
Netherlands Foreign Investment Agency (NFIA) The NFIA is an operational unit of the ministry of Economic Affairs. The NFIA helps and advises foreign companies on the establishment, rolling out and/or expansion of their international activities in the Netherlands. The NFIA was established 35 years ago, and has since then supported more than 3,200 companies from nearly 60 countries in the establishment or expansion of their international activities in the Netherlands. Besides its headquarters in The Hague, the NFIA has its own offices in the United Kingdom, Turkey, North America, Asia, the Middle East and Brazil. Additionally, the NFIA works together with Dutch embassies, consulates‐general, and other organizations representing the Dutch government abroad, as well as with a broad network of domestic partners. The NFIA books a ‘confirmed project’ as a result when it receives a so‐called ‘confirmation letter’ from the foreign investor. In this letter, the investor confirms that NFIA involvement has led to the company's decision to implement an investment project in the Netherlands. The company also indicates therein what investment amount is involved in the project and how many direct jobs it expects to realize within three years, completed with information on employment retention. Foreign direct investment in the Netherlands The Dutch Central Bank (DNB) registers all foreign direct investments in the Netherlands. These direct investments include transactions that are connected with the acquisition of share capital by foreign companies in Dutch companies (through formation, merger or takeover) with the goal to obtain management control. Additionally, they include all other financial transactions between associated ventures (loans, profit deductions, mutations in mutual current accounts), as well as the purchase and sale of real estate. The NFIA concerns itself mainly with that part of the transactions that is related to ‘footloose’ investment projects, as they are known. In the location choice of a footloose investment project, locations in various countries are considered. The investments are particularly related to the formation of a Dutch presence by a foreign company. Footloose projects can be both ‘greenfields’ (initial establishments) and ‘brownfields’ (adaptations and/or improvements of existing establishments). On the other hand, NFIA is only sparsely involved in mergers and acquisitions that constitute the principal part of the foreign direct investments as measured by the DNB. The share of these footloose projects in the total picture of foreign direct investment in the Netherlands varies between 2% and 5%, depending on the capital intensity of the projects. However, the added value of these projects in particular, in addition to the financial inflows, can be translated into employment, an extra boost for innovation and research, and reinforcement of the Netherlands as the ‘gateway to Europe’. Foreign investments put the Netherlands on the map, and ensure a strengthening of the Dutch economic structure. 14‐3‐2014
NFIA results 2013
1
NFIA results 2013
NFIA results 2013
5,285 new jobs
2,920 retention jobs
193
projects
231 outsourced jobs
8,436
jobs
€ 1,658
million
2
1
14‐3‐2014
NFIA results 2013
# projects 2004-2013
250
193
200
193
182
170
155
155
155
2009
2010
150
112
113
2005
2006
102
100
50
0
2004
2007
2008
2011
2012
2013
3
NFIA results 2013
€ million 2004-2013
3,500
3,142
3,000
2,500
2,000
1,658
1,472
1,500
956
1,000
578
506
500
930
667
357
265
0
2004
2005
2006
2007
2008
2009*
2010
2011
2012
2013
4
* incl. RWE investment of € 2 billion
2
14‐3‐2014
NFIA results 2013
€ million per project 2004-2013
10.0
9.0
8.6
8.0
7.6
7.4
7.0
6.2
6.0
5.5
5.0
4.5
4.0
3.7
3.7
2007
2008
3.2
3.0
2.6
2.0
1.0
0.0
2004
2005
2006
2009*
2010
2011
2012
2013
5
* excl. RWE investment of € 2 billion
NFIA results 2013
# jobs 2004-2013
9,000
8,436
8,000
7,000
6,000
5,166
5,000
# banen (totaal)
4,358
3,887
4,000
3,119
3,107
# banen (behoud)
3,793
Lineair (# banen (totaal))
3,299
2,920
3,000
2,475
2,425
1,795
2,000
1,017
1,000
772
828
0
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
6
3
14‐3‐2014
NFIA results 2013
# jobs (totaal) per project in 2004-2013
50
44
45
40
35
30
30
28
25
24
25
24
23
21
20
20
18
15
10
5
0
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
7
NFIA results 2013: herkomst
# projects per continent 2012-2013
100
90
80
86
75
70
70
62
60
2012
50
2013
40
34
30
20
12
8
10
8
4
1
1
1
0
1
0
Asia
North America
Europe
Asia ‐ Middle East
South America
Africa
Australia
8
4
14‐3‐2014
NFIA results 2013: herkomst
Projects from Asia
9
NFIA results 2013: herkomst
Projects from North America
10
5
14‐3‐2014
NFIA results 2013: herkomst
Projects from Europe
11
NFIA results 2013: herkomst
Projects from the Middle East
12
6
14‐3‐2014
NFIA results 2013: investment type
# projects per type of investment 2012-2013
140
120
116
111
100
80
2012
2013
60
40
27
21
20
20
12
10
20
11
11
3
1
0
Initial
Addition
Outsourced
Retention
Expansion
Merger/Acquisition
13
NFIA results 2013: investment type
# initials per continent 2012-2013
70
60
59
50
42
41
40
35
2012
2013
30
24
20
8
10
6
6
4
1
1
0
0
Asia
North America
Europe
Asia ‐ Middle East
South America
Africa
14
7
14‐3‐2014
NFIA results 2013: activities
# projects per activity in 2012-2013 (> 5 projects per activity)
70
64
60
56
50
40
35
33
33
30
2012
21
18
20
18
2013
16
13
11
15
11
10
12
6
1
0
15
NFIA results 2013: activities
€ million per activity in 2012-2013 (> € 25 mln per activity)
600
568
483 478
500
400
293
300
2012
185
200
2013
145
100
88
100
20
32
40
48
32
26
39
13
0
16
8
14‐3‐2014
NFIA results 2013: activities
# jobs per activity in 2012-2013 (>100 banen per activity)
2500
2185
2000
1750
1547
1500
1310
1261
1182
1070
919
1000
2012
2013
678
578
500
263
202
259 228
156
2
0
17
NFIA results 2013: activities
# HQ projects in 2006-2013
45
41
40
35
30
28
33
33
2012
2013
27
24
25
19
20
14
15
10
5
0
2006
2007
2008
2009
2010
2011
18
9
14‐3‐2014
NFIA results 2013: activities
# R&D projects in 2006-2013
25
21
20
19
18
17
15
14
12
11
10
10
5
0
2006
2007
2008
2009
2010
2011
2012
2013
19
NFIA results 2013: sectors
# projects per sector in 2012-2013(>10 projects/sector)
50
45
45
40
35
30
28
25
23
20
20
17
16
15
15
13 13
15
13
11
10
8
12
12
8
14
11
15
14
11
11
2012
2013
10
8
5
0
20
10
14‐3‐2014
NFIA results 2013: sectors
€ million per sector in 2012-2013(> € 10 mln/sector)
700
618
600
500
400
294
300
243
2012
183
200
2013
141
127
141
133
114
74
100
126
67 74
14
9
51
0
6 19
38
51
18
14
13
10 9
0
21
NFIA results 2013: sectors
# jobs/sector in 2012-2013(>100 jobs/sector)
3,000
2,500
2,393
2,000
1,406
1,500
2012
921
1,000
687
651
665
540
600
695
527
407
500
172
15
205
237
444407
514
347
2013
579
249
118
309
215
191
107
0
22
11
14‐3‐2014
NFIA results 2013: sectors
Share of # projects in top sectors/high quality activities in 2012-2013
120%
100%
96%
89%
80%
74%
70%
59%
60%
% projecten
67%
% € mln
62%
59%
59%
% banen
55%
49%
47%
Lineair (% projecten)
49%
Lineair (% € mln)
43%
40%
Lineair (% banen)
40%
20%
0%
2009
2010
2011
2012
2013
23
NFIA results 2013: lead sources
# projects per lead source in 2012-2013 (>10 projects/lead source)
45
41
41
40
35
38
35
33
33
30
27
25
23
23
23
19
20
2012
2013
17
15
10
10
5
0
0
Networking ‐
external
Networking ‐
Company Approach
internal (partners
‐ investor
NFIA)
development
MC/PR ‐ website
Company Approach
Networking ‐
‐ desk research
internal (economic
network)
Other
24
12
14‐3‐2014
NFIA results 2013: lead sources
# projects with investor development als lead source per continent in 2012-2013
20
18
18
16
16
14
14
12
11
2012
10
2013
8
6
5
4
3
3
2
1
0
Asia
North America
Europe
Asia ‐ Middle East
25
NFIA results 2013: lead sources
Investor Development results 2013
38
projects
2,388 retention jobs
1,466 new jobs
25 outsourced jobs
€ 898
million
3,859 jobs
14 out of 38 projects: retention
good for 2,303 retention jobs
plus 610 new jobs
and € 224 million
26
13
NFIA worldwide
NFIA Europe
The Hague | London
NFIA North America
New York | Boston | Chicago | Atlanta | San Francisco
NFIA Japan
Tokyo | Osaka
NFIA China
Shanghai | Beijing | Guangzhou
NFIA T aiwan
NFIA Korea
NFIA India
New Delhi | Mumbai
NFIA Singapore
NFIA Malaysia
NFIA Middle East & T urkey
Dubai | Tel Aviv | Istanbul
NFIA Brazil