On September 14-15 WAIPA CEO Bostjan Skalar gave a speech about Investment Promotion Strategy for Increasing Skill and Technology Content for IPAs in Vienna, Austria.
Skalar explained that “The most important aspect of investment promotion that WAIPA drives home is that aftercare and follow-up service delivery matters just as much as initial investment attraction. More than 50% of new investments come from already present satisfied investors on the market. WAIPA is helping to create, together with its consultative partners, a new and more comprehensive narrative for FDI promotion.”
WAIPA envisions a more empowered Investment Promotion Agency network around the world and is creating an Investment Promotion Strategy for Increasing Skill and Technology Content for IPAs.
Furthermore, WAIPA, together with its partners, advocates the United Nations Sustainable Development Goals (SDGs). Skalar: “Our focus is on sustainability. WAIPA closely aligns with the SDGs. WAIPA supports the careful design of FDI, ensuring that investments address decent work and economic growth (SDG#8), Industry, Innovation and Infrastructure (SDG#9), and Reduced Inequalities (SDG#10)”.