Brazil and China are listed as the top two investment destinations favored by leading Spanish companies in the coming year, according to a survey released on Tuesday.

The survey, conducted by the world's leading audit and advisory firm KPMG, showed that some 27 percent of the Spanish companies expect to invest in Brazil and China within one year, Spanish daily ABC reported.

They are followed by the United States, which is considered by about 20 percent of the surveyed companies as their investment priority.

The survey also showed that Spain's investment environment has been improved, and the country is expected to draw more foreign investment in the coming years.

Official figures showed that Spain drew foreign investment totaling 36.03 billion euros ($55.85 billion) in 2007, the second highest amount in history.