Question

Compare details of all three countries with respect to economic, investor, risk , political factors as follows which you think most important for Tesla Giga- project and three countries are  Canada ,Denmark and Kenya

Answer 1

Canada

The economy of canada is highly developed.Country has highly income economy.It have highest third position for estimated value of natural resources. Canada is the fourth largest exporter of petroleum and natural gas.Canada is called as "energy super power" due to precious natural resources and 37 million of small population.It have industries like minerals, chemicals, food products etc.It have 23rd business rank.

Main investors of canada are chequing account, saving account, high interest saving account,tax free saving account and GICs.

Canada have debt to GDP ratio is estimated at 85%.Due to NAFTA, facing some opposition in the US congress and Canada. So business investment have gone down. Due to COVID-19 unemployment rate of canada is high. These are the risk faced by Canada.

Tesla-Giga project helping to develope a large mine,that give to the electric vehicles. This project help to reduce carbon footprint.

Denmark

Denmark have high level of government service and transfers.It have high dependence on foreign trade.So canada has modern mixed economy.In it's economy

80% have all job contribution 11% have manufacturing employees 2% have agriculture.

Top investors of Denmark are venture capital, private equity firm, incubator,micro VC.

Denmark have low levels of political and financial system risk. Unemployment remain 5%.Other problem is labour shortage and manpower shortage.

In Canada electric vehicle is stopped and started to use renewable energy. They are use wind energy for electric vehicle .They are use fossil fuel instead of Tesla-Gia project.

Kenya

Kenya is a developing county.It have market based economy.Main sources of economy are agriculture, forestry, fishing, mining, manufacturing, tourism and energy. Nairobi is the financial center of Kenya.It has 56th business rank.

U S , Netherland, Belgium, China, Canada, and South Africa are main investors of Kenya.

Contry's poor quality infrastructure, skills shortage, social and ethical division, ineffective rule of law and corruption. These are the risk faced by the Kenya.

Kenya promote electric vehicles to reduce pollution. It use renewable energy.