On May 25 WAIPA CEO Bostjan Skalar was a panellist at the side event: INVESTMENT PROMOTION AND FACILITATION MEASURES FOR THE LDCs at the ECOSOC Forum on Financing for Development in New York, USA.
The discussion aimed to explore what LDCs development partners can do to help them to attract, receive and ultimately benefit from more sustainable FDI.
Skalar emphasized the importance of IPAs in this endeavour and underlined the fact that LDC IPAs need a special tailored long-term program to develop the skills to attract FDI. He highlighted the valuable contribution of IPAs to countries by attracting FDI to spur growth by expansion of productive capabilities and mobilization of capital and technology. This should go hand in hand with an improvement of the general business climate to also be able to attract quality FDI and the promising opportunity to enhance the positive contribution of FDI to sustainable development and the realization of the the SDGs.