Consider the following investments in an economy by a foreign company:

1. Purchase of the ownership of a transport company

2. Setting up a new company to produce transport equipment

3. Acquisition of a Public Sector Unit

4. Building a storage facility to expand the production capacity

Which of the above are examples of brownfield investments?

1. (a) 1 and 2 only
2. (b) 1, 2 and 3
3. (c) 1 and 3 onlyCorrect answer
4. (d) 2, 3 and 4

Answer: (c)