"The authors of the report believe that planned jobs are the best indicator for assessing FDI projects," Mantas Katinas, managing director at Invest Lithuania, the government's foreign investment promotion agency, said in a press release on Tuesday.
"The compilers of the ranking note that up to 70-80% of investments are spent on equipment and supplies sourced elsewhere. Therefore, this has little impact on the national economy. Meanwhile, job creation reflects the direct economic impact within the country," he said.
Estonia is ranked 12th in the report and Latvia is at number seventeen. Poland is not among the top 20 countries. The top ranking nations by estimated jobs per million inhabitants are Macedonia and Serbia.
According to Invest Lithuania, decisions were taken in 2015 on 55 FDI projects in Lithuania, with more than 3,140 jobs planned to be created through these projects.
