Regional Investment Pioneers in South Asia

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118 l REGIONAL INVESTMENT PIONEERS IN SOUTH ASIA

FIGURE 3.8  Outward Investors from Various Sectors (Based on International Standard Industrial Classification of All Economic Activities)

Textiles 7.52

Whole trade, except Manufacturfor Other ing of food motor manufacturing Retail trade, except for products vehicles 6.27 motor vehicles 5.51 3.26 12.28

Warehousing 6.52

Water 2.01

Postal 1.25

Building 2.51

Specialized 2.26

Motor vehicles 1.25 Apparel 4.26

Pharmaceuticals 4.26

Chemicals 3.26

Machinery motors 2.76

Metals and minerals 3.26

Leather 1.75

Accommodation and food service Financial and insurance Mining Wholesale and retail

Telecommunications 2.01

Travel 3.26

Education and health 3.01

Information 1.25

Sports 0.5

Finance services 4.26

Agriculture, forestry, and fishing Information and communication Other services

Crop and animal production 3.51

Accommodations 1.25

Construction Manufacturing Transportation and storage

Source: World Bank data. Note: Blank boxes represent investments with negligible shares.

manufacturers of tea and spices (other food products), carpets, construction, retail pharmaceuticals, and growers of beverage crops (for example, tea plantations). Investment Destinations, Both within and outside the Region In the sample of 399 investor firms, 167 firms (42 ­percent) invest in South Asia only, 105 firms (26 ­percent) invest only outside South Asia, and 127 firms (32 ­percent) invest both regionally and extraregionally. A more detailed description of the investor origin and destination is presented in table A.4 in appendix A. Given the high logistical barriers that separate NER from the rest of India and that NER shares borders (in South Asia) with Bangladesh, Bhutan, and Nepal, NER was given special consideration as a separate destination in the data (see figure 1A.1, in annex 1A to chapter 1). A brief profile of the constituent states of the region and a fi ­ gure to capture the state boundaries with its neighbors are presented in table A.3 and figure A.4 in appendix A. NER accounts for 8 ­percent of India’s land area (and is about 1.75 times the


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