In the second quarter of 2015 Investors’ Confidence in Lithuania’s economic prospects grew significantly – CEOs of companies investing in Lithuania expect further positive changes in business environment. Investors’ Confidence Index for Lithuania (ICIL) – a quarterly research conducted by association “Investors’ Forum” – revealed that in the nearest future 4 out of 10 investors are planning to increase capital investments, almost as many (38%) expect to launch new investment projects and create new workplaces.
In the second quarter of 2015 ICIL value has reached 1.174 points out of possible 2 and almost caught up with the highest value in its history recorded at the end of 2014. Association Investors’ Forum links increased investors’ confidence in Lithuanian economy with a smooth process of euro adoption which, according to the experts, has ended a period of economic uncertainty. Traditionally, such factors as transport, logistics, telecommunications and IT infrastructure had the greatest impact on the favorable investors’ outlook on Lithuanian economy. Moreover, participants of the latest survey were more optimistic about business transparency – 7% of respondents expressed expectations it will increase in the nearest future and none expected that Lithuanian business environment will become less transparent.
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Association “Investors’ Forum” measured Investors’ Confidence Index by surveying 42 foreign capital companies operating in Lithuania and evaluating Lithuania’s business environment, investment plans of the companies and factors affecting investment activities.
“At the beginning of the year optimism replaced skepticism. Foreign capital companies showed positive perception of Lithuanian economic perspectives and revealed plans to increase investments which is an excellent signal for potential investors”, – commented Rolandas Valiūnas, Investors’ Forum Chairman of the Board.
The Investors’ Confidence Index for Lithuania (ICIL) reflects attitudes and expectations about Lithuanian business and investment environment of the largest foreign capital companies operating in Lithuania. The purpose of this index is to assess country’s business environment and economic attractiveness for prospective foreign investors, taking into account the experience and observations made by investors operating in Lithuania.
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