The Monthly Global Investment Scoreboard

News on global investment in industry (manufacturing, energy production and distribution, R&D and logistics).

April 2024

The tracking by Trendeo's analysts of the industrial projects announced in April is dominated by investments in the electronics sector amounting to USD 25.7 billion, 42% of all investments in April.

Largest investment in terms of amount

The biggest investment of the month was announced by Samsung Electronics, which is considering investing another USD 20 billion to set up a second logic chip making foundry at its site near Taylor, Texas (United States).

Other investor sectors

A massive data center project was also announced by Amazon in the United States totaling USD 11 billion. Additionally, there were investments in the automotive sector totaling USD 9.3 billion and in the electrical equipment sector totaling USD 3.7 billion. There were also 11 new projects in the agri-food sector, 10 projects in electricity and gas and 10 as well in chemicals.
There were also 22 new projects in the agri-food sector, 15 projects in non-metallic minerals, and 9 in aeronautics.

The project with the most job creation

The most job-creating project is Statevolt’s new battery cell gigafactory in Ras Al Khaimah (United Arab Emirates), which will create 2,500 new jobs.

Best Industry of the Future score

The best project according to our Usine du Futur rating is a new warehouse and storage facility for food products in Coaldale, Alberta, planned by NewCold.
The company is investing 162 MUSD in a highly automated warehouse and storage facility. It will use proprietary software and technology to ensure food safety and quality, while being 50% more energy efficient than traditional cold stores. This technology supports the company's aim to create sustainable value chains and contribute to a future in which no resources are wasted. NewCold will also invest in improving rail connectivity to give businesses ready access to export their products. The investment will go into municipal rail lines to develop Coaldale into an export hub. NewCold is creating over 50 permanent jobs in the area with an eye on connecting with post-secondary institutions, to develop training programs aimed at diversifying available talent.

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