- Europe: 2005 was an excellent year for Western Europe in terms of foreign direct investment (fdi) according to IBM's annual report on investment in the world (the report only looks at investment in production capacity and does not include mergers and acquisitions). In 2005 as a whole, 8076 new investment projects were launched in the world, compared with 8429 in 2004 and 8069 in 2003. The leading country for attracting fdi is still the United States, with 1240 projects (compared with 1250 in 2004), followed by China (930 projects in 2005 compared with 1250 in 2004). Western Europe performs well, with its share of world fdi projects rising from 35% in 2004 to 39% in 2005. Not including China, most emerging economies did not attract more fdi, measured in terms of new projects, like India (680 projects in 2005 and 720 in 2004). Emerging economies are investing more and more in Europe and the US. Eastern Europe is still very attractive, but there are differences among countries. Hungary did very well in 2004 but has been overtaken by Poland. Poland comes third in Europe as a whole with a little over 200 projects, behind European leader the United Kingdom (nearly 700 projects) and France (little over 350 projects).