WAIPA and UNIDO held the Executive Training Programme on innovative approaches to investment promotion

Istanbul, 20-22 February 2018: Inspired by the growing Impact Investing movement and its potential to drive new resources and new thinking to investment promotion stakeholders prompting social change in respective countries, WAIPA and UNIDO, in collaboration with TIKA jointly organized Executive Training Programme for Investment Promotion Agencies (IPAs).

More than 20 high-level participants from 17 selected developing countries of Africa and Central Asia & Caucasus convened at the WAIPA Training Center in Istanbul to discuss innovative approaches to investment promotion for attaining the Sustainable Development Goals (SDGs).

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The objectives of the training were to:

  • sensitize investment promotion agencies (IPAs) on the relevance of Impact Investing in working towards attaining the SDGs;
  • expand global outreach on UNIDO’s and WAIPA’s technical assistance activities and foster linkages with developing countries;
  • highlight UNIDO impact maximizing capacity building measures and main tools pertaining to:
  • monitoring of FDI activity in developing countries;
  • investment networking through the Subcontracting and Partnership Exchange (SPX) Programme and ITPOs;
  • promotion of Public-Private Partnerships (PPP), COMFAR and Investment Learning Centre
  • expose IPAs to best practices in investment promotion as showcased by the Turkish International Cooperation and Development Agency (TIKA), the Investment Support and Promotion Agency of Turkey (ISPAT) and the Istanbul Development Agency (ISTKA);
  • provide networking opportunities, sensitization and information exchange

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This 3-day training programme aimed to help participants to gain a better understanding about the approach of UNIDO and WAIPA for investment promotion while gaining new insights in new trends of international investments, in particular with regards to Impact Investing.

 

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“Bringing these IPAs together for capacity building in terms of networking, experience sharing and handing them new insight and understanding on this timely topic is essential for their daily work, for this UNIDO is the ideal partner” said WAIPA Executive Director Bostjan Skalar.

 

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“Impact investment is important because it is no longer enough to only make profit. Investment need to have a vider impact on people, planet and prosperity” commented UNIDO Director, Department of Trade, Investment and Innovation Bernardo Calzadilla- Sarmiento.

 

Furthermore, we thank the Investment Support and Promotion Agency of Turkey (ISPAT), who currently holds the Presidency of WAIPA and the Istanbul Development Agency (ISTKA) for their valuable input on best practices in investment promotion as well as the Turkish Cooperation and Coordination Agency (TIKA) for their support.

All pictures are available here.

To download the full report on WAIPA UNIDO Training Programme please click here.

Published on Feb 26, 2018