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The Asian eagle has landed. (Asian investment in South Africa)
From:
African Business
| Date:
October 1, 1995| Author:
Arnold, Guy
| COPYRIGHT 1995 IC Publications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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Foreign investments in South Africa have mostly come from India and other Asian countries. Traditional sources of investment, such as Europe and the US, are still wary of putting up business in the country. Asian countries, on the other hand, consider South Africa as a springboard to the European and US markets. Aside from India, South Africa's major Asian trading partners include the United Arab Emirates, Malaysia, Taiwan and Hong Kong.
While Western investment capital is still fight...