According to foreign direct investment (FDI) projects, Lithuania has jumped from the 32nd to the third place, with the added value of job creation, according to the latest IBM Global Location Trends 2018 report. It's better for Lithuania than Ireland and Singapore.

Lithuania has dramatically increased the attraction of foreign direct investment projects: once the country's specialists had reliable, easy-to-follow auxiliary functions of companies, today many foreign companies in Lithuania have centers of excellence and innovative product development units. An international study shows that Lithuania is playing in the highest league, where we compete for the most innovative companies in the world, and their costs are no longer a key factor in choosing them, the most important are skilled specialists. Consequently, today's home work in transforming the innovation ecosystem, developing the education system with the training of the specialists needed for the labor market and attracting global talents to Lithuania will determine our position in competing with Ireland, Singapore, Switzerland or Finland.

Top-ranking destination countries by average job value of investment

projects – 2017 (2016)

Ireland

6,08

Singapore

6,01

Lithuania

5,89

Switzerland

5,86

Finland

5,75

Netherlands

5,74

India

5,74

Denmark

5,68

United Kingdom

5,67

Australia

5,66

It is also worth noting that Lithuania has risen from the 15th to the second place according to the FYI project's planned jobs for a million people.