ISLAMABAD, Jan 23: The United Nations Conference on Trade and Development (UNCTAD) on Wednesday forecast that foreign direct investment (FDI) flows would rise moderately to $1.4 trillion in 2013 and $1.4 trillion in 2014 as global economy is expected to make a hesitant and uneven recovery over the coming two years.

UNCTAD’s ‘Global Investment Trends Monitor’ says GDP growth, gross fixed capital formation and trade are projected to rise gradually, both at the global level and especially in developing countries.

On the other hand, flows of foreign direct investment (FDI) to developing economies remained relatively resilient in 2012, reaching $680 billion, the second highest level ever recorded, and in this way these economies absorbed an unprecedented $130 billion more than developed countries, according to latest global investment trends monitor.