An approach for analyzing foreign direct investment projects with application to Chinaʹs Tumen River Area development

In this paper, we present a model for analyzing foreign direct investment opportunities by evaluating related projects. An integrated approach employing the analytic hierarchy process (AHP) and simulation is used to rank the projects. This methodology is applied to assess the industrial investment projects that were proposed in the “’95 Chinaʹs Tumen River Area International Investment and Business Forum” funded by the United Nations Industrial Development Organization. Accordingly, the projects are classified into groups based on their potential to attract foreign investors. The results provide a scientific basis for formulating related decisions and policy recommendations regarding the proposed projects.