telephone, fax, telex communications,
Labor force. Cheap labor in the host country is often cited as the main reason for foreign
investment. However, attracting investments
is influenced by literacy, the level of skills of the
workforce, work ethic, the level of labor productivity, the impact of various social movements on
the
production process, etc.
Banks and finance. The availability of all financial instruments used in world trade and
investment in the country means the quality of services in this field. For investors,
the availability
of sufficient number of financial institutions operating in the country and branches belonging to
the world's largest banks is of great importance. The operation of branches of the world's largest
trade and investment companies in the country increases the level of reliability for investors.
Formality in government structures. It doesn't matter how the government evaluates its investment
policy. In this regard, the assessment given by entrepreneurs with
extensive experience is
important. Investors rarely spend their money in an environment where formalism and red tape are
rampant. Most importantly for the government, It is to carry out an examination of the projects
whose implementation has stopped due to formalities, to correct the mistakes made. Local business
environment. This concept is very broad and includes: the presence of a lawyer, many consultants,
skilled tradespeople,
accountants, architects and designers. In addition,
the experience,
connections, diligence and reliability of the local partner are taken into account when opening a
joint venture.
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