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.
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)