regions can be moderated by good regulation when good institutional factors are in place. Thus, greenfield investments in the …

Globally, investments in physical and human capital have been identified to foster real economic growth and development … in any economy. Investments, which could be domestic or foreign, have been established in the literature as either … complements or substitutes in varying scenarios. While domestic investments bring about endogenous growth processes, foreign …

and one important determinant of growth is investments in physical capital. This in turn is correlated with FDI, which is …