The African, Caribbean and Pacific Group has initiated the organization of regional meetings to share information on ACP Private Sector Development (PSD) activities and contribute to advance PSD agenda in the various ACP regions.
The first ACP PSD Knowledge Sharing & Networking Event for the year 2019 will be for the Eastern and Southern Africa and will take place from 14 -16 May 2019 in Mauritius.
In the same context, a training will be held on the 16 of May 2019 for all the Investment Promotion Agencies (IPAs) from the Eastern and Southern Africa. The training is a side-event, by invitation only, being hosted by the Economic Development Board Mauritius in collaboration with ACP & WAIPA.
This session will focus on the latest developments that are shaping foreign direct investment as well as the most exciting advances in the field of investment attraction. Topics to be covered include:
This session will focus on the practical aspects of identifying, contacting and engaging with potential investors. The training will cover key aspects of successful investment attraction and facilitation, including:
The AIM Pre-Conference Workshop on Trends in Investment Promotion and Their Impact
WAIPA is proud to again be the official Knowledge Partner of the Annual Investment Meeting in Dubai and will hold a workshop on Trends in Investment Promotion and Their Impact on 7 April 2019.
The work of investment promotion agencies (IPAs) is changing rapidly. With an ever-growing number of mandates covered by IPAs and new technologies emerging while on the other hand foreign direct investment (FDI) consecutively slowing down over the last years, IPAs need to adapt accordingly to remain competitive and to optimize their performance.
This workshop will enable IPAs to showcase which opportunities they have to reach their full potential and how current trends might further influence and enhance their crucial role in attracting investments.
For more information on AIM workshop please visit: www.aimcongress.com
As part of the first edition of the FDI Excellence Series training program, WAIPA in collaboration with Andreas Dressler/FDI Center was hosting a training course on FDI Aftercare in Budapest on December 13 and 14, 2018. The course focused on how investment promotion agencies (IPAs) can take advantage of their existing base of foreign investors to generate new investment and employment.
WAIPA was proud to host investment promotion professionals from 13 different countries around the world; Cape Verde, Greece, Finland, Lebanon, Italy, Kuwait, Niger, UK, Bangladesh, Macao, Hungary, South Africa and Slovenia.
Aftercare is becoming increasingly important as foreign direct investment slows down around the world. In addition to helping investors resolve problems so they can grow, aftercare is also crucial to helping locations move up the value chain by enhancing the activities of existing investors. The training was highly practical and provided participants with real skills and proven techniques for supporting existing investors.
Participants in this course learned how to:
Special thanks to Marielle Balk Haasnoot from Netherlands Foreign Investment Agency and Dora Dweik from HIPA for sharing best practices and experiences with us and our colleagues from Hungarian Investment Promotion Agency for hosting us.
WAIPA was a proud Knowledge Partner of the Sharjah FDI Forum from 10-11 December 2018, in Sharjah, UAE. As such we had the pleasure to hold a pre-Conference FDI Workshop on Integrating innovative solutions to boost competitiveness on 9 December.
Presenters included David East from Bureau van Dijk – A Moody’s Analytics Company, Syed Husain Quadri, Acting Director – Country Strategy and Cooperation Department, Islamic Development Bank; Sabrina Heinekey, Director of International Business, M&C Saatchi and KPMG who shared their valuable expertise and experience with us.
The Sharjah FDI forum was organized under the Patronage of His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Member of the Supreme Council, Ruler of Sharjah by Sharjah FDI Office (Invest in Sharjah) and Sharjah Investment & Development Authority (Shurooq) in association with CNBC Arabia. The Forum is a world leading economic and finance forum and the largest FDI and investment forum of its kind in the MENA region.
This year, the Sharjah FDI Forum 2018 was be held on 10-11 December 2018 at Al Jawaher Reception and Convention Centre, Sharjah, United Arab Emirates. The theme of the forum was “Shaping the Future of Economies”.
Key Highlights of the Forum:
On the first day of the Sharjah Forum WAIPA CEO Bostjan Skalar had a pleasure to participate at the opening panel with H.E. Juma AlKait from the Ministry of Economy of UAE, Hanan Ahli from the Federal Competitiveness & Statistical Authority and Harald Jedlicka from the World Bank Group.
WAIPA CEO had a pleasure to contribute as a speaker to the ITC session “Delivering with excellence using new technologies” at the WTPO Conference held on 26 October 2018 in Paris.
Panel discussion focused on:
WAIPA Deputy Executive Director Yasemin Esenlik was a panelist at session 3 (EU-MED Peer-learning): Policy Advocacy: the role of MED IPAs in investment climate reforms at the OECD Regional Seminar Making investment promotion work for sustainable development: Trends and practices in the Mediterranean from 22 – 23 October 2018 at the OECD Conference Centre in Paris, France.
The objective of this session was to share experiences about the role of IPAs in policymaking. Policy advocacy can be a powerful instrument to bolster reforms and enhance the business environment by leveraging the private sector’s feedback. It is a key function of many IPAs, which, through their interactions with investors, are well placed to identify bottlenecks in the investment climate and provide recommendations to address them. Suitable institutional co-ordinating mechanisms and communication channels are needed to ensure optimal government responses.
The Organisation for Economic Co-operation and Development (OECD) is Consultative Committee member of WAIPA.
CREATING MORE AND BETTER JOBS THROUGH INVESTMENT
Investment contributes most effectively to sustainable development when it maximizes the creation of high quality jobs in which the human rights of workers, the local community and consumers are respected. Investors contribute to economic and social development when they actively seek to expand their backward and forward linkages with local enterprises, support the improvement of working conditions, the inclusion of vulnerable groups and contribute to sustainable enterprise development in a more encompassing way. One of the key objectives of IPAs is to grow employment through investment that also advances sustainable development. In this session, organized with the International Labour Organization (ILO), Office of the UN High Commissioner for Human Rights (OHCHR) and the World Association of Investment Promotion Agencies (WAIPA) on 26 October 2018 at the final day of the World Investment Forum in Geneva, experienced IPAs shared their matchmaking strategies to boost linkages with local producers, overcome labor force capacity and skills gaps and promote respect for the human rights of workers, communities and consumers.
Issues for the debate were:
This session brought together heads of outward investment agencies (OIAs) and investment promotion agencies (IPAs) to present ways in which bankable SDG-projects can be prepared, promoted and financed, and discuss how different intitutions and companies can partner to realize SDG projects.
Issues for debate were:
Sincere thanks to UNCTAD’s Director of Investment and Enterprise James Zhan, Courtney Fingar from fDi Magazine; CAIPA President Diane M. Edwards; Director for Sustainable Development Hans Docter from the Dutch Ministry of Foreign Affairs; Apex-Brasil President Roberto Jaguaribe; NIPC CEO Yewande Sadiku; Banco de la Nacion Argentina Director Jorge Lawson & Invest Durban CEO Russell Curtis for their valuable expertise and all participants for joining us.
WAIPA was delighted to be part of the 10th anniversary of the World Investment Forum 2018, which will took place from 22 to 26 October 2018 at the Palais des Nations in Geneva, Switzerland.
Organized under the overall theme “Investing in Sustainable Development”, the 2018 Forum addressed global challenges for international investment in the new era of globalization and industrialization. It provided opportunities for open dialogues among all investment stakeholders, brainstorming of solution-oriented initiatives and fostering global partnerships to advance prosperity for all.
On 22 October, first day of the forum a WAIPA workshop was organized. This workshop provided investment promotion officials key information and guidance on how to engage in the targeting and facilitation of investment in SDG-related projects. Best practices, feedback, and insights from investment promotion agencies were incorporated in UNCTAD’s investment related research and technical cooperation programme.
Great insights were shared by WAVTEQ‘s Dr Henry Loewendahl, CAIPA President Diane M. Edwards; Anna Falth, Senior Programme Manager at UN Women and Dubai FDI CEO and WAIPA VP Fahad Al Gergawi. Best practices were shared by WAIPA members Dr. Anuj Joshua Mathew from Department for International Trade (DIT), Annelize Van der Merwe from the dti (Department of Trade and Industry: Republic of South Africa) and WAIPA Steering Committee members Dushyant Thakor from Invest India and Vanessa Gibson from CINDE – Costa Rica Investment Promotion Agency.
WAIPA Executive Director Bostjan Skalar took part in the expert panel: Investing in SDGs at the Impact Forum on Tuesday on 9 October 2018 at the Dubai Investment Week under the theme Investing in Future Transformations.
The Dubai Investment Week (DIW) is a global platform to discover growth opportunities, build public-private partnerships and foster innovation. It provides the private sector with unique opportunities to engage with leading government figures to learn more about the upcoming and established investment opportunities Dubai offers to the international business community. It also serves as a perfect avenue for the private sector to familiarize itself about the government’s strategy moving forward to 2020 and beyond.
DIW program included a number of strategic forums that discussed the most important topics and trends of the local and global economy. DIW 2018 aimed to enhance readiness to keep pace with future transformations and provided participants within sights on “ImpactFDI” and new opportunities.
Under the Patronage of of HH Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council of the DIW is held annually by the Dubai Investment Development Agency Dubai FDI, currently holding the Vice Presidency of the World Association of Investment Promotion Agency (WAIPA).
WAIPA was proud to be program partner of the DIW. WAIPA Executive Director Bostjan Skalar spoke in the expert panel where he highlighted partnerships for promoting investment in the Sustainable Development Goals (SDGs), respectively transforming the SDGs into attractive opportunities.
WAIPA was also delighted to sign MoU with Hamdan Centre for the Future of Investments (HCFI) during the DIW2018 to contribute towards shaping the future of investment and to the benefit of WAIPA Members and the UN sustainable development goals.
WAIPA Consultative Committee Member IEDC hosted its Annual Conference in Atlanta, Georgia from September 30 – October 3, 2018.
Drawing from the Brookings Institution’s recent report, Remaking Economic Development, this conference sought to spark a conversation around how we might transform our economic development efforts to foster greater bottom-prosperity throughout all of our communities.
WAIPA CEO took part in the panel “Cooperating Across Borders: Leveraging Relationships for Global Relevance” where panelists discussed:
WAIPA Executive Director Bostjan Skalar spoke at the UNESCAP 8th Meeting of the Asia-Pacific Foreign Direct Investment (FDI) Network from 25-26 September 2018 in Bangkok, Thailand on exploring the role of Public Private Partnerships for sustainable investments.
The Meeting also discussed current developments and challenges in FDI policy making, promotion and facilitation in the region. It explored furthermore ways to improve the national legal frameworks and international investment agreements (IIAs) system to ensure it better supports the achievement of 2030 Agenda for Sustainable Development.
Experiences, best practices and challenges were fed into the global discourse at UNCTADs World Investment Forum 2018 in Geneva, which was held on 22-26 October 2018.
Organisers of the event were: International Centre for Trade and Sustainable Development, UNESCAP and the World Economic Forum.
WAIPA is happy to announce that the 23nd World Investment Conference, will take place in Xiamen, China, together with CIFIT. The conference will be proudly hosted by CIFIT and WAIPA member China Investment Promotion Agency (CIPA). We invite our members, investment promotion professionals, international organization leaders, heads of financial institutions, politicians, academics, consultants, economists and other experts in the field of investment promotion and foreign direct investment to participate in WAIPA’s flagship event. More information will follow shortly.
Visit WIC18 website to register and for more information on program, speakers, venue, logistics,…
Click here to download the program.
If you’re interested to sponsor #WIC17, please take a look at the sponsorship opportunities.
This course was designed for agency management, department heads and team leaders and covered the key issues required to create and run an effective investment promotion operation, from integrating FDI with other functions such as trade, developing effective organizational and reporting systems, to building partnerships and engaging with outside stakeholders.
• Responding to the global trends that are shaping FDI flows and opportunities
• Developing a comprehensive investment attraction strategy
• Integrating investment attraction with other functions such as trade and tourism promotion
• Working successfully with partners from the private and public sector
• Managing key stakeholders
• Generating new sources of funding
• Measuring and communicating results
IPA professionals from 7 different countries has joined us to improve their leadership skills and update their knowledge on how to create and run an effective investment promotion operation. Thank you all for joining us and special thanks to guest speakers, WAIPA Steering Committee members Parana Development Agency and Invest India for their valuable experience sharing and to CIFIT and WAIPA member Investment Promotion Agency of Ministry of Commerce of the P.R.China (CIPA) for hosting us.
WAIPA Deputy Executive Director Yasemin Esenlik was a panelist at the panel discussion on IPAs collection and use of data and challenges at the Analytical Forum on Investment Promotion from 2-3 July in London organized by WAIPA member Department for International Trade, United Kingdom.
The event’s aim was to open wider opportunities for dialogue and exchanges on best practices among the IPAs, taking place within the existing international fora. It also served as a preparatory meeting for the upcoming meetings for IPAs; the OECD IPA Network workshop in Paris and the UNCTAD’s World Investment Forum 2018 in Geneva.
The specific focus included:
• Methods of estimating the impact of FDI
• The Role of investment promotion in attracting transformative and inclusive FDI
• Analysis on developing policy for investment promotion strategy
• Evaluating the additionality and impact evaluation of IPA and their activities
• Investment Promotion Agencies collection and use of data and challenges
We are pleased to invite you to enroll in the three and a half day training of the FDI Certification on 2-5 July 2018 in Istanbul, Turkey. This training called International Investment Promotion and Sustainable Development is designed by our partner Columbia Center of Sustainable Investment (CCSI), Columbia University and it is the first time we can offer to our members a certification from a world renowned university.
The training content will cover:
Given space constrains, we have limited seating, that is why we strictly have to consider first come first serve. Please keep in mind that this training is designed and reserved for the senior most C-level representatives of the member agencies enrolling in this training.
The subsidized fee for this training is 1,700 USD. The generous funding of WAIPA Vice Presidency DUBAI FDI and the considered interest of the CEO, Fahad Al Gergawi, make this training possible.
The participants have to cover their travel between their home country and the lodging. After successful completion of the registration WAIPA can provide you the booking code to benefit from the preferential room rates in the walking distance to the venue.
WAIPA Executive Director Bostjan Skalar will take part at the event “Investment Promotion Agencies: Empowering Innovative Europe!” on 20 June 2018 in the National Palace of Culture in Sofia, Bulgaria organized by WAIPA Member Invest Bulgaria Agency on the occasion of the Bulgarian President of the Council of the European Union: https://www.eupresidency2018.com/
The event will focus on the following points:
The meeting will be attended by representatives of a large number of investment agencies to discuss how their work promotes innovation in the business sector.
This course will address the full range of marketing techniques and channels that IPAs can use to promote their locations – including websites, social media, advertising and public relations- as well as the development of value propositions for target audiences.
The training will be delivered by Andreas Dressler, who is one of the world’s leading advisors in the field of foreign direct investment, as well as other selected FDI practitioners and professionals.
Following the successful first two editions of the Investment Facilitation Course jointly organized by WAIPA and the International Training Centre of ILO in May 2016 and March 2017, a third edition is being planned for April 9-13, 2018. Venue is the ILO International Training Centre in Turin, Italy.
The positive impact on social and economic development impacts of FDI, direct or indirect, have been recognized by the 2030 Agenda for Sustainable Development. The 2030 Agenda is the global framework which brings together all spheres of society at a global level, including the private and public sector to eradicate poverty and achieve sustainable development by the year 2030.
Within this framework, FDI has the potential to play a critical role, in multiple ways, in achieving the 17 Sustainable Development Goals (SDGs). While the linkages between FDI and the 17 SDGs are clear concerning certain goals (such as SDG 8 on decent work and inclusive growth, or SDG 7 on affordable and clean energy), they are less evident for other goals. Hence, getting the most out of FDI in terms of development and achievement of the SDGs requires strategic thinking and action by Investment Promotion Agencies.
Working with best practices and tools, participants will gain a better understanding of how to improve investment facilitation to enhance the development impacts of FDI flowing into their countries, particularly concerning the creation of more and better jobs and the overall contribution of FDI in achieving the Sustainable Development Goals.
Here you can read the summary of the 2017 WAIPA-ILO Workshop
WAIPA is proud to again be official Knowledge Partner of the Annual Investment Meeting in Dubai in April and will hold a workshop on the Capacity Building Day of AIM on 8 April. This workshop will focus on emerging technologies and opportunities for how IPAs can contribute to create a sound investment climate for attracting and promoting emerging technologies, as well as how these emerging technologies can be used to further attract investment. Best practices will be presented by fDi Intelligence, Business Finland and Invest Korea.
As a benefit to our members, AIM graciously offers all the heads of our member IPA’s a complimentary VIP pass for AIM 2018. For registration and more information on AIM please visit: www.aimcongress.com
A results-oriented course where participants will learn how to proactively identify, approach and attract investors, as well as to compete successfully for investment projects using different business development methods and tools.
The training will be delivered by Andreas Dressler, who is one of the world’s leading advisors in the field of foreign direct investment, as well as other selected FDI practitioners and professionals.
WAIPA Training Center, Istanbul, February 20-22, 2018
Inspired by the growing ‘’Impact Investing’’ movement and its potential to drive new resources and new thinking to investment promotion stakeholders driving social change in respective countries, this specific programme is targeted at high-level representatives of IPAs from selected developing countries of Africa and Central Asia & Caucasus.
The objectives of the 3-day combined training programme will be to:
Day 1 and 2 of the programme will offer a dynamic mix of lecture and workshop sessions aimed to increase participants’ knowledge about the approach of UNIDO and WAIPA for investment promotion as well as the main aspects of Impact Investing with particular reference to the attainment of the SDGs. The lecture and workshop on impact investment will be delivered by UNIDO’s partner organization Investisseurs & Partenaires (I&P).
Day 3 will consist of the residential part of the programme through direct engagement with ISPAT and ISTKA concerning best practice work in Turkey, bilateral meetings with key stakeholders and practical site visits.
Click here to download the training flyer.
Please contact Mr. Stefan Kratzsch at email@example.com for more information.
FDI Excellence Training Registration and Cancellation Policy
Frequently Asked Questions about FDI Excellence Series
Can only WAIPA members participate in the FDI Excellence Series Trainings?
No, registration is open to all investment promotion professionals, regardless of their level of seniority, geographic origin and the type of organization they represent. This includes national, regional or local IPAs, free zones and special economic zones, government ministries and chambers of commerce and other organizations involved in investment promotion. However, WAIPA members receive a considerable discount on each training.
Do I have to participate at all trainings in the series?
No, as these are separate course with specified topics the courses can be taken separately.
What does the fee include?
First and foremost, the tuition fee, but also organized meals. It does however not include airfare and hotel. Furthermore, no emergency medical insurance is provided. Participants have to ensure that they have a valid passport and appropriate visa for travel to Turkey.
I need to cancel my registration. Can I get a refund?
Yes, you can, the amount that will be refunded depends however on the day of cancellation.
Click here to download the preliminary program.
The World Investment Conference is WAIPA’s flagship conference where Investment Promotion Agencies gather to get to know latest FDI trends, policies and what cutting-edge investment promotion practices 2017 brings. Planned in Dubai this year, the conference will bring together government officials, development sector leaders, private sector and academia relevant to FDI policy and strategy to discuss what is in hold for the future, share best practices and sharpen their investment promotion skills.
This also presents an opportunity to organizations to promote their messages and brands and make a lasting top-of-mind impression on decision makers, world leaders and influential academicians.
WAIPA invites sponsors at various levels to support the event and get an opportunity to get maximum visibility among investment practitioners and build reputations.
Click here to register and for more information on logistics.
Click here for a sneak peek of the draft program.
Click here to download the PromoKit.
If you’re interested to sponsor #WIC17, please take a look at the sponsorship opportunities.
Here you can check last year’s conference video.
On October 30th WAIPA CEO Bostjan Skalar will participate on the Sixth Roundtable – Investment for Sustainable Development Trajectory: Facilitating Investment for Sustainable Development II.
This workshop will be the sixth in the 2016/2017 series of investment policy dialogues, jointly organized by the World Economic Forum and ICTSD, with the support of the Government of the Netherlands.
At the previous Roundtable on 5 July 2017, participants discussed the meaning of investment facilitation for sustainable development, discussed the role of sustainability characteristics in addressing the qualitative element of investment facilitation and explored supporting mechanisms.
The objectives of this dialogue are to:
i. propose elements of a model investment facilitation agreement; and
ii. share best practices on facilitating sustainable investment.
The World Entrepreneurs Investment Forum (WEIF 2017) that will take place from 31 October – 2 November 2017 under the Patronage of HRH Prince Khalifa Bin Salman Al Khalifa, the Prime Minister of the Kingdom of Bahrain at Bahrain International Exhibition & Convention Centre.
Under the theme “Achieving the SDGs through Entrepreneurship & Innovation” this event which is the only United Nations global event covering entrepreneurship for development will be organized by our Consultative Committee United Nations Industrial Development Organization (UNIDO), respectively the UNIDO ITPO Bahrain and the Arab International Center for Entrepreneurship & Investment.
This year’s WEIF 2017 is set out to attract around 1000 entrepreneurs, representatives of international organization, development organizations and funds, industry leaders’, financial institutions, and investors as well as academicians and MSME agencies and partners and will focus on three sub-themes: the Maritime-Continental Silk Road; Global Impact Investing – in which WAIPA Research Coordinator Andreas Hora will be panelist and Women in Industry.
For more information on the event please visit: https://theweif.com/
On July 5th WAIPA Deputy CEO Ismail Ersahin will participate on the Fifth Roundtable – Investment for Sustainable Development Trajectory: Facilitating Investment for Sustainable Development.
This workshop will be the fifth within the 2016/2017 series of investment policy dialogues, jointly organized by ICTSD and the World Economic Forum, with the support of the Government of the Netherlands.
The objective of this dialogue is to use a bottom-up approach to plot a path towards simpler and sustainable investment. Building on practical examples, to explore policies for the promotion, facilitation and retention of sustainable investment through national and international frameworks in emerging and developing economies. Objectives and dimensions addressed will include:
The SelectUSA Investment Summit is the highest-profile event dedicated to promoting foreign direct investment (FDI) in the United States. The event provides an unparalleled opportunity to bring together companies from all over the world, economic development organizations from every corner of the nation, and other parties working to facilitate business investment in the United States.
The Summit’s theme – “Grow with US” – will highlight the innovative business climate in the United States and feature investment opportunities from every corner of the country. Increased networking time will provide new opportunities for a wide range of global investors to engage with state, regional, and local economic developers – all under one roof.
WAIPA CEO Bostjan Skalar will participate in a round table discussion and information exchange on Investment Promotion Agency (IPA) best practices. For more information on registration and the program check Select USA website.
The Islamic Development Bank Group (IsDB Group) is organizing its 42nd Annual Board of Governors Meeting in Jeddah – Saudi Arabia, which will take place during the period of May 14 -18, 2017.
In conjunction with this significant event, ICIEC will be organizing a high level discussion panel on “Risk Mitigation tools to support GCC’s investment in the Sub-Saharan Africa Region”. WAIPA Deputy CEO Ismail Ersahin will participate in this panel, which will be on May 16th.
The session will discuss how FDI from GCC region can be channelled towards profitable, inclusive and sustainable projects in Africa. ICIEC will interact with leading companies and ECAs on how the corporation is intending to meet the investors requirements in terms of profitability and risk mitigation tools as well as delivering projects and services which are in line with the IDBG development impact requirements.
On May 18-19 WAIPA Member “Tatarstan Investment Development Agency” will organize the 9th International Economic Summit Russia – Islamic World: KazanSummit 2017.
WAIPA CEO Bostjan Skalar will participate in the plenary meeting “Strenght lies withing cooperation. Partnership finances as Russia and OIC Member Countries cooperation potential in the context of the turbulent International Economic Relations.”
Today the international community is in front of the question of further development and definition of the main vectors of the global economy. Accelerating the pace of economic, technological and management changes save chances for development and success only for quickly adaptable economies, which are able to respond quickly to the challenges, implement innovative technologies, and reorient in a changing global environment. Now these are the objectives sets itself by the Russian economy, which causes the search of perspective partners and potential investments.
The WAIPA CEO will also attend the “Ministry of Economic Development of the Russian Federation Workgroup Meeting on Regional Investment Agencies’ Efficiency Improvement”, which was created within the framework of the Ministry of Economic Development of the Russian Federation to facilitate collaboration processes in the field of private-public partnership.
KazanSummit is one of the leading international economic events and provides a unique platform for economic cooperation between the Russian Federation and the Organization of Islamic Corporation member states.
On May 22-24 The World Forum for Foreign Direct Investment will take place in Shanghai, China.
WAIPA CEO Bostjan Skalar will participate in the panel “The future of FDI”. With emerging economies slowing, which industries will propel tomorrow’s growth? We will explore how disruptive new technologies will revolutionize global manufacturing and alter the global FDI landscape. Which industries are likely to be most affected, and how will this impact employment, investment attraction and economies around the globe? This Panel (V) is scheduled for Tuesday 23rd May at 4:00pm.
Conway graciously offers a 50% discount to all WAIPA members on attending the Forum. When you register at worldforumforfdi.com, kindly use the following discounted registration code exclusively for WAIPA members: WF17WA. The code should be entered in the space labeled “Coupon.”
“Partnerships for the Promotion of Bankable SDG Projects”
This seminar is organized by UNCTAD and WAIPA member Department Trade and Industry Republic of South Africa (DTI)
The WAIPA CEO Bostjan Skalar will participate in the session entitled “Programmes and partners for promoting investment in the SDGs”. The two other speakers in the session will be from IFC (World Bank) and one from the European Investment Bank.
WAIPA and the World Bank Group partnered to bring you an Executive Training on FDI. The course will take place on July 17-20 at the WAIPA Training Center at the Istanbul World Trade Center.
The training is tailored to executives and is free of charge for WAIPA members, with limited participation.
This 4-day training program will follow the investment life-cycle logic to help IPAs and policymakers strengthen capacities to more effectively attract, establish, retain and expand FDI, as well as to link it to domestic economies.
Sessions will include a combination of best-practice sharing, research summaries, moderated group discussions, a case study as well as insights from IPA management and investors, around the following topics:
• The evolution of FDI, its role in development, international investment agreements; • The relationship between trade and investment and the current debate on globalization; • Diversifying the economy with FDI: from theory to practice • Anchoring Investment Policy Reforms: designing, approving and implementing investment laws; • Effective Investment Promotion to attract, establish, retain and expand FDI; • Removing Barriers to Entry; • Investment Incentives: types, and when they do work; • Making Investors Stay in the Long Term: investment protection, retention, and expansion • Promoting Linkages between FDI and the Local Economy: the missing link!
Facilitators and speakers will include specialists from the World Bank Group, WAIPA, as well as from selected National Investment Promotion Agencies and the business sector.
Download the Information Letter on Executive Training on FDI
Welcome to the meeting point of IPAs from Latin America
The Brazilian Trade and Investment Promotion Agency (Apex-Brasil), in partnership with the Paraná State Development Agency (APD), will carry out the Latin American Investment Conference – Connecting Strategies, Creating Opportunities on September 13-14, at the Wish Hotel in Foz do Iguaçu.
The conference aims to promote the debate on investment attraction strategies and to share good practices between participating countries and trade and investment agencies.
In addition to discussing the challenges and directions of the region’s economy, the event will be an opportunity to strengthen Latin America’s position as a global business destination.
The event will also host an innovative A2A Agency-to-Agency collaboration and exchange session aiming to build new partnerships, exchange practices and foster collaboration among Latin America IPAs at country, state and local levels.
WAIPA CEO will be actively involved in the programming of the conference as a moderator.
For registration please visit www.clain.com.br. The conference is free of charge.
For additional information, kindly contact either Ms. Clarice Mosele or Ms. Loren Spíndola, by firstname.lastname@example.org.
We are pleased to inform you that WAIPA Consultative Committee Member IEDC, is hosting this year’s edition of its Annual Conference in Toronto, Canada from September 17 – 20, 2017.
The Annual Conference is the essential event for economic development practitioners as well as investment promotion agencies. The 2017 Conference will focus on how to Connect, Collaborate, and Create at the global level to contribute to the transformation of local, state, and regional economies.
WAIPA will be actively involved in the programming of the conference. WAIPA CEO Bostjan Skalar will be moderating a panel at this large event, with thousands of participants and over 100 speakers.
We invite WAIPA members interested in attending the IEDC Toronto Conference to complete this online form: https://goo.gl/forms/ykOlfBnLT9lFDiKR2
Check the IEDC website for more information on registration and program.
IIA reform has made significant progress, with a large number of countries following UNCTAD’s Road Map for IIA Reform (phase 1 of IIA reform). However, much work remains to be done to modernize the existing stock of “old-generation” IIAs (phase 2 of IIA reform).
The World Investment Report 2017 (Chapter III) sets out and discusses 10 options to reform old-generation treaties that countries can adapt and adopt in line with their specific reform objectives.
Based on a stocktaking of reform and policy options at hand, the Annual IIA Conference will share experiences and identify best practices for phase 2 of IIA reform.
High-level IIA negotiators from developing, developed and transition economies, as well as representatives from civil society, intergovernmental organizations and the private sector.
WAIPA CEO Bostjan Skalar will be actively involved in the programming of the conference. He will deliver a keynote speech in the “High level plenary session on IIA reform: Taking stock and moving forward” and will participate as a panelist in the 1st round of the break-out sessions: “Harnessing Investment for the SDGs- the IIA dimension.”
WAIPA is pleased to inform that we organize together with our colleagues from MEVKA/Invest in Konya a Knowledge Forum on FDI Effective Investment Attraction and Facilitation at Dedeman Hotel Konya on 10-11 October 2017 in Konya, Turkey.
In those two days, there will be presentations and workshops delivered by Andreas Dressler, FDI Advisor; Dr Henry Loewendahl, CEO, WAVTEQ and Chris Knight from fDi Intelligence; ; Hansin Dogan from the UNDP, as well as the success story of the Austrian company Hamburger Containerboard Turkey, which recently invested in Kutahya. Additional to that, half a day there will be a visit to Organized Industrial Zone and InnoPark Technology Development Zone in Konya.
This event has a regional focus, i.e. Turkey, MENA, South East Europe; but registration is of course open to every agency who would like to join; as it certainly is beneficial also for delegates outside the said regions and we would be delighted to have you with us in Konya.
Please register here. There is no fee for this event. The participants are to cover their travel between their home country and the course venue as well as lodging, however MEVKA covers the lodging expenses of the foreign visitors (one person per agency) for 3 nights (09-12 October) at Dedeman Hotel. Participants have to ensure that they have a valid passport and appropriate visa for travel to Turkey.
The event will be held in English.
Website: http://www.dedeman.com/otel-konya/dedeman-konya.aspx and refer to the special rates for this event.
Contact person for more information is:
Mr Halil Sena Yetkin email@example.com
+90 332 236 32 90 / 147
Specialist, Mevlana Development Agency, Konya Investment Promotion Agency
Click here to download the program.
In October 2016, over 100 investment promotion practitioners, policymakers and researchers held the first OECD workshop on investment promotion and facilitation, and launched the OECD IPA network, a platform of investment promotion agencies (IPAs) and policymakers that will gather at the OECD on a yearly basis to share their experience and exchange on good practices.
The second meeting of the OECD IPA network will take place on 16 October 2017 at the OECD Headquarters to discuss current and emerging trends and practices in investment promotion and facilitation.
The purpose of this second OECD workshop on investment promotion and facilitation is to strengthen the OECD IPA network and hold exchanges on emerging investment promotion practices, innovative investment attraction tools, IPA institutional choices, their role in facilitating investment and enhancing the business environment, and their co-ordination processes within government and with the private sector.
Discussions will be fed by the preliminary results of an OECD project aiming to map IPAs across OECD countries through a comparative survey. The project aims to help IPAs and policymakers to better understand the existing approaches to investment attraction and facilitation, benchmark their agencies against peers and undertake strategic decisions and reforms accordingly.
The workshop will be divided into two sessions dedicated to two specific topics. The first session will feature a discussion on the OECD IPA mapping project, its context, objectives and methodology, and allow for exchanges of good practices based on the survey’s first results. The second session will address policy advocacy and the role of IPAs in investment facilitation and investment climate reforms, where IPAs and policymakers will discuss their complementary and co-ordinated roles in creating an enabling environment for attracting and retaining investment.
Workshop participants will include senior IPA representatives and investment policymakers primarily from OECD and non-OECD countries. Such format will allow participants to benefit from a focused exchange of perspectives among specialists and conduct an evidence-based and forward-looking discussion.
The EU-OECD Programme on Promoting Investment in the Mediterranean, launched in October 2016 in Tunis, is aimed at implementing sound and attractive investment policies and establishing effective institutions in the Southern Mediterranean region, with a view to attract quality investments, supporting job creation opportunities, local development, economic diversification and stability.
The Programme is governed by an Advisory Group, co-chaired by the European Commission and the OECD, with the participation of representatives of beneficiary countries, the Secretariat of the Union for the Mediterranean and other regional partners.
Most governments in the Southern Mediterranean region are pursuing active investment promotion and facilitation policies in the hope to generate jobs and sustainable growth. Scoping missions have found that differences exist between IPAs which, together with policymakers, need to make optimal choices reflecting their respective economic context. While one size does not fit all, countries raised questions regarding common good practices on IPAs’ appropriate structure and approaches to investment promotion and facilitation. Besides diverse institutional configurations, IPAs in the Southern Mediterranean differ in their mandate and strategic priorities (e.g. whether the IPA is mandated to promote greenfield FDI and/or M&As and/or domestic investment; how sectors are chosen), their key functions and tools (e.g. whether IPAs grant fiscal and other incentives or only focus on promotion and facilitation activities), and the budget and human resources they have at their disposal.
This workshop will be held back-to-back and, for its first session, jointly with the OECD IPA workshop in Paris during the OECD Investment Committee. It will bring together MED and selected EU countries IPAs to exchange experiences and good practices in setting effective investment promotion strategies and policies to attract quality investment and discuss how to improve IPAs’ impact and relevance. On Day 1, the preliminary results of the IDB-OECD IPAs survey will be shared and the survey will be launched for the MED economies. Investment promotion trends and practices in OECD and elsewhere, in particular Latin American countries, will then be discussed. A dedicated session will address ways IPAs can make the most effective use of incentives as a promotion tool. On its Day 2, the workshop will be held at the premises of Businesss France, the French IPA, where the discussions will focus notably on IPAs role in promoting territorial development. The active participation of beneficiary governments in this meeting will also be an opportunity for networking among IPAs and for increasing the attractiveness and visibility of the region as an investment destination.
WAIPA CEO, Bostjan Skalar will give his insights at the session on effective use of incentives as a investment promotion tool.
Investment promotion agencies (IPAs) have a key role to play in securing the substantial financing required to meet the Sustainable Development Goals (SDGs) by 2030.
Following the first regional seminar on the promotion of Sustainable Development Goal (SDG) projects, UNCTAD is pleased to announce the next seminar, for Latin America and the Caribbean, from 7 to 8 November 2017, in Mexico City.
Hosted by ProMexico and co-sponsored by Bancomext, the seminar will focus on developing and marketing bankable SDG investment project proposals which investment promotion agencies (IPAs) can use in their promotional work. Experts from UNCTAD, outward investment agencies and institutions, best practice IPAs from the region, and the private sector will present and share lessons learned.
WAIPA CEO, Bostjan Skalar will present the WAIPA’s programme related to the promotion of investment in the SDGs.
The Inaugural Tobias Center Conference: VISIONS OF DEVELOPMENT
November 10-11, 2017
The Inaugural Tobias Center conference will gather scholars, policymakers, practitioners, and NGOs for two days of focused discussion and critical reflection on policy relevant research related to international development. The conference will feature a keynote speaker who has been influential in international development. Panels will also include lessons learned from fifteen years of U.S. nation-building in Afghanistan as well as expert discussion on the main research clusters of the Tobias Center: measuring development; private investment for development; climate change and the environment, and development; and global public health. By bringing together key stakeholders in development study and practice, conference participants will develop an agenda for collaborative research, best practices, and outreach in these areas moving forward.
WAIPA CEO, Bostjan Skalar was invited to contribute as a speaker to the session on “Incentivizing Sustainable Development,” moderated by SGIS Assistant Professor Sarah Bauerle Danzman.
Following the successful first edition of the Investment Facilitation Course jointly organized by WAIPA and the International Training Centre of ILO in May 2016, a second edition is being planned for March 21-24 2017. Venue is the ILO International Training Centre in Turin, Italy.
Foreign Direct Investment (FDI) is vital to maintain and strengthen economic growth, integrate countries into the global economy, boost technological innovation and know-how, enhance skills transfer and contribute to the creation of decent work. But not all investments have the same development impacts. Getting the most out of FDI requires strategic thinking. Investment Promotion Agencies (IPAs) are the public face of governments seeking to increase investment and promote economic and social development. They are often instrumental in negotiating investment treaties and concluding investment contracts; and manage investment relationships through after care services. This course will help IPAs to strengthen their investment promotion and facilitation capacities and to expand their after care services; and, more broadly, to enhance the development impacts of FDI ﬂowing into their countries, particularly concerning the creation of more and better jobs.
Here you can read the summary of the 2016 WAIPA-ILO Workshop
On November 21 the World Association of Investment Promotion Agencies (WAIPA) and Vienna Economic Forum (VEF) together organize the 13th Vienna Economic Forum -Vienna Future Dialogue 2016.
The First Session is dedicated to “Investment Strategy – Regional and worldwide” and aims to focus particularly on the experiences of Investment Agencies and their role for a better investment climate not only in the region of Vienna Economic Forum but worldwide. WAIPA CEO Bostjan Skalar will be one of the speakers in this session.
The Second Session is themed “Investments in infrastructure – how to be more pragmatic”.
The Conference “Investment climate of Kazakhstan: Government and Investors Dialogue” will take place in Astana, Kazakhstan on November 30, 2016.
The purpose of the Conference is to create a dialogue between government bodies and community of foreign investors, operating in Kazakhstan. Representatives of local and international companies will talk about the best practice; will learn more about the State Program of Innovation and Industrial Development of Kazakhstan for the period of 2015-2019, stimulus package for the investors including SME.
The Conference is organized by the Ministry for Investment and Development of the Republic of Kazakhstan, “KAZNEX INVEST” National Export and Investment Promotion Agency” JSC, Advisors on Investments of Kazakh Embassies as well as KAZNEX INVEST representatives abroad. WAIPA is proud to support this conference.
The Investment Climate Conference with the participation of potential and existing foreign investors from different countries, Foreign Investors Awards Ceremony, Investment Projects Exhibition and bilateral meetings in B2B format will take place during the event.
More information and registration on the website
The World Investment Conference is WAIPA’s flagship conference where Investment Promotion Agencies gather to get to know latest FDI trends, policies and what cutting-edge investment promotion practices 2016 brings. Planned in Istanbul this year, the conference will bring together investment experts, financial gurus and academic researchers to discuss what is in hold for the future. Attended by local and regional political leads, WIC is set to be a memorable conference for the FDI community.
Click here to register and for more information on logistics
If you’re interested to sponsor WIC2016, please take a look at the WIC2016 Sponsorship Opportunities
For more information download 12oct_program_waipa-world-investment-conference-2016
Pour en savoir plus telechargez 12oct_programme-francais_waipa-world-investment-conference-2016
The Annual Investment Meeting (AIM) is the premier platform for Foreign Direct Investment (FDI) in growing markets. It is an initiative of the UAE Ministry of Economy, held under the patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai.
AIM is the leading global platform aimed at facilitating strategic networking and promoting investments while providing a rich learning experience. It gathers the international investment community, corporate leaders, policy makers, experts, and practitioners from across the globe to discuss strategies on attracting FDI and to connect businesses and countries willing to engage in sustainable partnerships with investors.
The seventh edition of the Annual Investment Meeting will be held on April 2-4, 2017 at the Dubai World Trade Centre. The theme is ‘International Investment, Path to Competitiveness & Development’ which will discuss how to attract the right kind of international investment that contribute to the competitiveness of national economies. It will shed light on the special role of foreign firms in enhancing a country’s competitiveness which in turn help them attract more investment.
For more information on AIM, visit the website
WAIPA is organizing the FDI Capacity Building Workshop for Investment Promotion Professionals on April 1st. All WAIPA members are cordially invited to participate in this meeting. Download the WAIPA FDI Capacity Building Workshop for Investment Promotion Professionals program.
From 25 to 28 September IEDC is hosting its Annual Conference in Cleveland, Ohio, USA. WAIPA CEO Bostjan Skalar will be speaking at this large event, with thousands of participants and over 100 speakers.
During the Annual Conference sessions topics which are essential to economic development practitioners will be covered. This year’s conference also celebrates IEDC’s 90th anniversary as the premier professional membership organization for economic developers. The 2016 Annual Conference program will highlight best practices and rising trends in economic development. You can download the program here. and for more general information on IEDC please visit their website
On September 8-9, the China International Fair for Investment & Trade (CIFIT) will take place in Xiamen, China.
WAIPAs delegation will contribute to the High-Level Forum on Investment in Africa. For more information the program http://www.chinafair.org.cn/english/index/
On September 14-15 2016 in Vienna, Austria UNIDO hosts a conference on Quality FDI, Growth and Development.
WAIPA CEO Bostjan Skalar will participate in the session on ”Moving up the Ladder: Investment Promotion Strategies for Increasing Skill and Technology Content of FDI in Host Countries”
The Board of Investment (BOI) Mauritius in collaboration with the WAIPA, is pleased to invite you to the “Africa Partnership Conference” which will be held on the 20th and 21st September 2016 in Mauritius.
The conference will be officially launched by Honourable Pravind Kumar Jugnauth, Minister of Finance and Economic Development of the Republic of Mauritius.
For more information and registration: mauritiusafrica.com
WAIPA President Arda Ermut will deliver a speech on “The importance of East-Asia, and Korea to enhance Global FDI” during the Korea Foreign Investment Week (KFIW).
A WAIPA delegation will participate in the MENA-OECD Competitiveness Forum “Building Competitive and Inclusive Economies” taking place on October 3-4 in Tunis, Tunisia. This Forum is part of the 2016 OECD-MENA Ministerial Conference, this year dedicated to Better Policies for Inclusive Growth and Economic Integration in the MENA Region.
WAIPA CEO Bostjan Skalar will contribute to the session “Encouraging sound and efficient Public-Private Dialogue for competitiveness: This interactive session with a combination of panels and group discussions will be led by Jorge Galvez.
The WAIPA delegation will also attend the Launch of the European Commission and OECD Project on “Enhancing Investment Policies and Promotion in the Southern Mediterranean Region”. This is a regional project funded by the EC and to be implemented by the OECD, which is aimed at boosting private investment and job creation opportunities in the Southern Mediterranean region, through the support to the implementation of sound and inclusive investment frameworks and policies, and the establishment of effective institutions able to attract more and better investments. This session will mark the official launch of the project and will present the project context and objectives, in presence of beneficiary countries and key stakeholders.
For more information, please refer to the OECD MENA Initiative on Governance and Competitiveness for Development http://www.oecd.org/mena/ministerial/
WAIPA will participate in the Ecuador Investment Summit, to be held October 25-26 in Quito, Ecuador
WAIPA CEO Bostjan Skalar will contribute to the session on the “Importance of FDI connecting to SDGs”
For more information: http://www.proecuador.gob.ec/event/cumbre-de-inversiones-ecuador-2016/
The UNCTAD 14 – World Investment Forum will bring together Heads of State and Government, ministers and other prominent players from the business world, civil society and academia to tackle global trade and economic development issues.
The quadrennial Conference is a unique opportunity to consider the most appropriate means of delivering on the post-2015 development agenda. It will also decide on UNCTAD’s programme of work. Click here for details about the week-long conference and here for more information on logistics.
The 2016 WIF will feature the following events of direct interest to IPAs:
17 July: Investment Promotion Workshop. Organized with the World Association of Investment Promotion Agencies (WAIPA), this workshop tailored for IPAs will discuss best practices in investment promotion with presentations from UNCTAD, WAIPA, and McKinsey & Company. Due to limited capacity, preregistration is required by sending an e-mail of interest to firstname.lastname@example.org.
18 July: Grand Opening and Global Leaders Investment Forum followed by the WIF Opening Reception and announcement of the winners of the 2016 UNCTAD Investment Promotion Awards!
19 July: High-level Tripartite Conference on Investment Promotion in Sustainable Development Goals. Organized in cooperation with WAIPA, heads of IPAs and outward investment agencies, business executives, and high-level policymakers will discuss ways to promote FDI in Sustainable Development Goals (SDG) sectors. The Conference will feature three sessions, on partnerships for investment promotion, support for investment in ICT, and the role of non-traditional investors in SDG financing.
20 July: Promoting Investment in Urban Development. In this panel hosted by the Governor of Nairobi and organized in partnership with UN-Habitat, city mayors, urban design innovators, and investors will discuss outlooks, initiatives and policies for mobilizing investment for sustainable urban development.
21 July: Excursions for IPA officials. KenInvest, the national investment promotion agency of Kenya, is organizing site visits to an innovation hub and open space for technologists, investors and tech companies in Nairobi, and Strathmore Business School.
21 July: Investing in Eastern Africa. In this session with a regional perspective, ministers, CEOs, heads of IPAs, and other leaders will discuss the promotion of FDI for sustainable development in eastern Africa.
17–21 July: Investment Village. The WIF premises will provide a limited number of promotional stands for international and Kenyan IPAs. Interested IPAs should contact UNCTAD on e-mail address email@example.com by 20 June 2016.
The Forum will have many other events of interest which can be found on unctad-worldinvestmentforum.org. If you decide to participate, please register online.
The CAIPA General Assembly Meeting (CAIPA AGM) is the annual meeting of the investment promotion agencies (IPAs) in the region who are members of the Association.
This year, the CAIPA AGM will focus attention on the efforts being taken by the Association to expand its membership to include other IPAs in the Caribbean with a view to widening the Association’s reach, scope and ultimate impact. The meeting will also seek to review the impact of CAIPA’s Investment promotion efforts. An assessment of the work done to date will be undertaken to inform the work programme for 2017.
The main Conference events will include: Conference Opening; Welcome Dinner; Report on Activities to date in 2016; Definition of the work programme for 2017; Collaboration with WAIPA; Assessment of the 10th EDF Regional Private Sector Development Programme initiatives; and FDI Data Repository Training; Review of current financial situation and approval of stop-gap measures for continuing CAIPA’s work before the funding disbursements from the 11th EDF are received.
For more info on Caipahttp://www.caipainvest.org/
“PROMOTION AND ROLE OF FDI IN EMERGING ECONOMIES OF SUB-SAHARAN AFRICA”
Abidjan, 20 June 2016 – A regional meeting for Investment Promotion Agencies took place in Abidjan, Côte d’Ivoire. The meeting dedicated to “Promotion and Role of FDI in the Emerging Economies in Sub Saharan Africa” was hosted by the CEPICI (Centre de Promotion des Investissements en Côte d’Ivoire) as the Sub-Saharan Africa Representative for WAIPA in cooperation with the World Association of Investment Promotion Agencies (WAIPA). Its operational headquarters are in Istanbul and WAIPA has over 130 members from 170 countries across the globe with a mission to become the global reference point for FDI.
More than 200 participants came together to reflect on the role that FDI can play to reinforce structural, economic and regional transformation. The meeting’s first topic was the economic outlook of Sub-Saharan African countries, their issues and challenges. The economic situation of the African continent has clearly improved, with growth rates ranging from 4.7% in 2013 to 5.2% in 2014, according to the World Bank 2014 Africa’s Pulse report.
Despite the increase in FDI and the rise in raw material prices and the improvement of governance and macroeconomic management, Sub-Saharan Africa continues to face real challenges in terms of access to the local, regional and global markets. More investment leading to more sustainable growth is therefore of the utmost importance. This was recognized by WAIPA CEO Bostjan Skalar: “We know that it is all about decreasing poverty, creating decent jobs, and industrialization that is inclusive.”
The President of WAIPA, Arda Ermut, stressed the positive dynamics in Sub Sahara Africa: “The flow of FDIs towards Africa reached $ 54 billion just a year or so ago, with the trend going upwards this year. Investors are forced to pay attention to this emerging region because those that have been early adopters in putting their bets with Africa have reaped many rewards.”
IPA Representatives from Sub-Saharan countries shared investment promotion strategies explicitly tailored to and tested in their economies. IPAs from Nigeria, Angola, Guinée and Mali presented their organization, mission, success stories and challenges. Emmanuel Esmel Essis, Côte d’Ivoire’s IPA’s CEO, as the Representative of Sub-Saharan Africa for WAIPA stated that “WAIPA is the platform for IPA’s of the Sub-Saharan region to develop collaborative solutions for the development of promotional tools to attract FDI in this part of the world”.
Furthermore, WAIPA is the linchpin between IPA’s, international organizations such as UNCTAD, UNIDO and ILO and the private sector. As such it advocates its members’ interests and it can easily connect its members to each other, and to international organizations.
Daniel Kablan Duncan, Prime Minister of Côte d’Ivoire, met with WAIPA and ISPAT President Arda Ermut, to discuss crucial cooperation between governments and IPAs.
The event ended with an affirmation from Sub Saharan African regions and from WAIPA to put the region on the forefront of the investor map.
Turin, Italy, May 4-6 2016
Over 20 representatives from 13 different Investment promotion agencies from South America, Europe, Africa and Asia gathered in Turin for a three-day training organized by WAIPA in partnership with the International Labour Organization to learn and exchange ideas on the latest developments and trends on Investment facilitation geared towards Sustainable Development.
The 2030 Agenda for Sustainable Development recognizes foreign direct investments as a strong vehicle to achieve the 17 sustainable development goals. This is underscored in the Addis Ababa Action Agenda, which highlights the importance of aligning foreign direct investment with national and regional sustainable development strategies.
This dynamic relationship between investment and development was at the centre of the training’s first day. Although the role between investment and economic growth might be a more traditional one, more effort is required by Investment Promotion Agencies to ensure alignment between FDI, sustainable development and decent work.
The second part of the training focused on case studies and best practices from countries such as the UK, Turkey and Slovenia. UKTI shared its experience with investment metrics, “what are the net results of FDI in terms of decent work?” and presented the ecosystem in which IPAs could step up to become the knowledge hub and coordinating mechanism to ensure FDI achieves the highest possible impact. In this regard, ILO presented the concept of multistakeholder dialogue based upon the principles set forward in the ILO Declaration on Multinational Enterprises and Social Policy. IPAs should play a function of a “network hub” engaging strongly with other actors such as civil society, line ministries, employers’ organizations, workers, and other stakeholders.
In the final session of the training, Mr Bostjan Skalar, CEO of WAIPA in his concluding remarks emphasized the critical role of IPAs in terms of development, underlining the benefits that FDI brings into the country and its contributions to national development priorities. However, this requires that governments further empower the role of IPAs, through capacity building, strategic planning and enabling business environment. Mr Skalar also called for IPAs to show leadership, passion and time if IPAs want to be successful.
In general, the training was evaluated extremely positive by all participants. Participants emphasized the huge added value of interacting with colleagues from different regions, the sharing of information and best practices as well as adding a qualitative dimension to investment facilitation,
A second edition of this training is scheduled for March 2017, at the International Training Centre of the ILO in Turin.
For more information, please contact:
The Commonwealth Business Forum (CBF) shall be
Maldives Investment Forum (MIF) is the prime in
September 23-24 2015, Hotel Taj Mahal, New Delhi
The Commonwealth Business Forum (CBF) shall be
Maldives Investment Forum (MIF) is the prime in
September 23-24 2015, Hotel Taj Mahal, New Delhi
August 23rd – 27th, 2015
July 14-15 2015 , Belo Horizonte
June 18-19 2015 , Hotel Marinela Sofia
April 27, 2015, Istanbul, Turkey
August 25-29 , 2014 , Warsaw & Krakow, Poland
June 14-16 , 2015 Milano
August 25-27, 2014 , Kazan
May 13-15, 2014 Istanbul, Turkey
April 14, 2014 , London
Cannes, France, March 12, 2014
Pretoria January 24, 2014
Yekaterinburg, April 4, 2014
San Jose, Costa Rica, December 3-5 2013*
(Pretoria, South Africa – 11-15 November 2013)
(8 October 2013, London -UK, panel with 3 WAIPA Me
V International Summit on Economic Cooperation of
(15-20 August 2013 in Warsaw & Gdansk)
“Increasing FDI Flows to OIC Member Countries”
(London, UK – 26 – 27 June 2013)
February 11-12, 2013 Geneva, Switzerland
(Ljubljana, Slovenia –November 14, 2012)
(Stockholm, Sweden – September 4-5, 2012)
(August 27, 2012 – Also open to Caribbean IPAs Mem
(Aruba – June 18, 2012)
(Astana, Kazakhstan, March 5-7, 2012)
(Kazan, Russian Republic, March 2, 2012)
(Copenhagen, Denmark –10-11 December 2012)