Brownfield investment is made by the company or a government firm who purchase or lease existing production facility to conduct new developments or production activities. This strategy is adopted by many companies as it is cost saving or cost minimizing approach as by adopting this strategy it helps to start business on the already ready structur without building new buildings ,facilities on plots and other infrastructure . Greenfield investing covers any situation in which new facilities are added or constructed on the land previously used for other purposes. It is a type investment used in foreign direct investments.
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