Determining Factors Influencing Foreign Direct Investmentin Asean Countries
FDI is very important for the development of a country, especially for developing countries. The experience of newly industrialized countries (NICs) shows that FDI has played an important role in their economic development. In the age of globalization with cross-border flow of capital among nations, FDI becomes a key solution to reducing development gaps among nations. This research intendedto know the direct and indirect effect ICT driving factor through openness on foreign direct investment and know the direct effect GDP Growth, GFCF on foreign direct investment. The objects of this research are countries in ASEAN, while the variables in this research are macroeconomic indicators, ICT driving factor and foreign direct investment. The results are, Gross domestic product growth, Gross fixed capital formation, Accessibility of digital content, Openness, does affects directly on foreign direct investment, while the other research variables has no significant influence. The only variable Government Prioritization of ICT,affects foreign direct investment through of openness.
Keywordsó Foreign Direct Investment, Gross Domestic Product, GFCF, ASEAN, ICT