WAIPA REPORT OF ACTIVITIES
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WAIPA REPORT OF ACTIVITIES /20/21
TABLE OF CONTENTS
NOTE OBJECTIVES MESSAGE MESSAGES OVERVIEW
FROM THE FROM THE OF ACTIVITIES
PRESIDENT CONSULTATIVE
COMMITTEE
04 05 06 08 24
RESEARCH LEADERSHIP FINANCIAL
VISION FROM STATEMENTS
THE STEERING
64 72 94
COMMITTEE
NOTES OBJECTIVES
The objectives of WAIPA, as broadly reflected in Article II of the
Association’s Statutes are to:
The WAIPA Annual Report 2020-2021 was produced by the WAIPA Permanent
Secretariat. WAIPA would like to thank all those who have been involved in the PROMOTE UNDERSTANDING
preparation of this report and for their various contributions. Promote and develop understanding and cooperation amongst IPAs.
We would also like to thank all those who cooperated with us towards the
accomplishment of the activities reported. For further information on WAIPA please
contact the WAIPA Permanent Secretariat at the following addresses:
SHARE EXPERIENCES
Share country and regional experiences in attracting investment.
FACILITATE ACCESS TO DATA
Strengthen information gathering systems, promote the efficient use of
ISTANBUL GENEVA information and facilitate access to data sources.
Hüseyinağa mahallesi, Maison Internationale
İstiklal Caddesi, de I’Environnement 2 (MIE2) 9,
No:56/58 Kat:3 Daire: 5 Chemin de Balexert 1219 Chatelaine, ADVOCATE FOR IPAs
Beyoğlu / İstanbul Geneva - Switzerland
Phone: +90 212 465 00 25 +41 22 796 68 62 Assist IPAs in advising their respective governments in the formulation of
info@waipa.org info@waipa.org appropriate investment promotion policies and strategies.
PROMOTE TRAINING
waipa.org
waipa.org
Facilitate access to technical assistance and promote training of IPAs.
4 5
MESSAGE FROM
THE PRESIDENT
The WAIPA Annual Report 2021 is issued at a time at the center of its purpose and strategic pillars of
when the global economic recovery efforts from the services, partnerships, and governance. Moreover,
Covid-19 pandemic are accelerating and promise we are committed to serve WAIPA’s purpose well
to make 2022 a better year for WAIPA members into the future towards a decade of Impact FDI,
and the global foreign direct investment (FDI) the “IPAs Capacity 2030” program, an initiative by
community. While Investment Promotion Agencies Hamdan Centre for the Future of Investment (HCFI),
(IPAs) are leading the efforts with a renewed defines our worldview of enabling IPAs to develop,
commitment to build a better, sustainable, inclusive, promote and attract Impact FDI in partnership
and prosperous future for their nations, cities and with the global investor community to realize the
communities, WAIPAs’ role in enabling its members’ Sustainable Development Goals (SDGs), US $ 15
FAHAD AL GERGAWI success cannot be over emphasized. trillion FDI opportunity by 2030.
President, Thanks to the members of WAIPA’s Steering We look forward to connect with participants
World Association of Investment Promotion Agencies (WAIPA)
Committee, Consultative Committee, and the across different geographic boundaries and time
Chief Executive Officer Permenant Secretariat team, WAIPA continued to zones during this year’s hybrid edition of WAIPAs’
Dubai FDI offer new opportunities for learning, knowledge World Investment Conference (WIC), which marks
sharing and regional cooperation. Moreover, the 25th anniversary of WAIPA as well as extend a
WAIPAs’ insightful research, partner funded capacity warm welcome to WAIPA members and guests at
building programs and strategic partnerships have “EXPO 2020 Dubai” site, where the incredible riches
contributed greatly to advance the role and success of our nations, cities and communities showcase
of IPAs on global stage. the human ingenuity, the history, the economic
potential, and the shared goal of progress towards a
waipa.org
Dubai Investment Development Agency (Dubai FDI) sustainable and prosperous future for all.
is truly honored to serve WAIPA members and help
shape a future fit WAIPA with members’ benefits Wish you a prosperous and successful year ahead.
6
MESSAGES FROM
CONSULTATIVE COMMITTEE
JOHN W.H. JEFF FINKLE GUY RYDER MATHIAS LI YONG MONA E. ZURAB
DENTON AO CORMANN HADDAD POLOLIKASHVILI
Secretary-General President and CEO, Director-General, Secretary-General, Director-General, Global Director, Trade, Secretary-General,
International Chamber International Economic International Labour Organisation for United Nations Investment and The World Tourism
of Commerce (ICC) Development Council Organization (ILO) Economic Cooperation Industrial Development Competitiveness, World Organization (UNWTO)
www.iccwbo.org (IEDC) www.ilo.org and Development Organization (UNIDO) Bank www.unwto.org
www.iedconline.org (OECD) www.unido.org www.worldbank.org
www.oecd.org
waipa.org
8
MESSAGES FROM
JOHN W.H. CONSULTATIVE COMMITTEE
DENTON AO
Secretary-General
International Chamber
of Commerce (ICC)
www.iccwbo.org
The COVID-19 pandemic continues to impact ICC believes that only through sustained increases in ICC has a long history of working to promote World Trade Organisation Joint Statement Initiative
global business in many ways, including ongoing international investment will we be able to achieve balanced international investment frameworks— on Investment Facilitation for Development, and will
disruptions to trade and to the flows of foreign our most urgent sustainable development goals in dating back to the publication of the ICC International welcome the progress made during the ICC/B20/
direct investment (FDI). the years to come, and we are committed to playing Code of Fair Treatment for Foreign Investments in WTO Business Forum at the 12th WTO Ministerial
a leading role in these efforts. 1949—and has developed a series of principles for Meeting in late 2021.
ICC – the institutional representative of over 45 developing an attractive investment climate in our
million companies, small, medium and large, in over As we move along the path to a more resilient 2016 Investment Guidelines. These guidelines set WAIPA plays a critical role in convening IPAs and
110 countries, in all regions of the world - is playing and sustainable recovery, a key area of priority for out principles for both investors and governments other stakeholders, including business, to determine
a leading role, in collaboration with governments, business and governments must be to ensure that on a range of issues (ownership and management, how to best to reinvigorate FDI flows on a global
international organisations, and civil society, to FDI flows gain momentum. The main driver of FDI finance, fiscal policies, anti-corruption, technology). scale. ICC is pleased to be increasing its engagement
ensure that we develop a robust and coherent is the investment climate—a critical combination of We encourage all governments to adopt these with WAIPA, at this time when international
suite of policy responses that support a trade and business regulations and government support. For principles as a means of encouraging responsible investment has perhaps never been more crucial
investment-led recovery, at the same time as we business, predictability, transparency and efficiency and sustainable investments. and interaction between IPAs and the business
waipa.org
build business and community resilience. are all crucial criteria for FDI, as companies seek to community never more important .
assess and mitigate their risk when investing abroad. We are also pleased to be engaged with governments
and stakeholders, including WAIPA, in supporting the
10
MESSAGES FROM
JEFF FINKLE CONSULTATIVE COMMITTEE
President and CEO,
International Economic
Development Council
(IEDC) Economic Development Council (IEDC) has delivered of the long-term economic and environmental
www.iedconline.org quality programs and services that allow economic benefits of transitioning to a low-carbon economy.
developers to build strong and sustainable This transition must be in our future if we want to
communities, including opportunities to network preserve the health of the planet, and the health of
and learn through our conferences; a well-structured its economy, for future generations.
professional development program and certification
that unify and set the standard of excellence for the IEDC is grateful and proud of our partnership
discipline; cutting-edge research published by the and collaboration with WAIPA. Since formalizing
Economic Development Research Partners (EDRP) our partnership in 2004, IEDC and WAIPA have
program; advisory services that create customized continuously strengthened our joint resolve to
solutions for communities and federal agencies; an advance economic growth by empowering the global
Accredited Economic Development Organization network of economic developers. IEDC is committed
program, which recognizes excellence in local to continue to serve as a member of WAIPA’s
economic development efforts; and the industry Consultative Committee and we look forward to
publications Economic Development Journal and the upcoming year and its many opportunities for
Economic Development Now e-newsletters. IEDC collaboration.
succeeds by empowering our members with the
knowledge they need to create high-quality jobs, And I am personally pleased at the relationship that
Dear WAIPA members, Through all of this, WAIPA’s commitment to develop vibrant communities, and improve the IEDC has had with WAIPA, we have been able to
disseminating best practices in investment quality of life in their regions. welcome your board chairs and your CEOs to many
2020 was an unprecedented year. We faced a global promotion is needed more than ever. The economic IEDC events. However, this time next year I will have
health crisis, a racial reckoning in the U.S.A. and the development community is committed to work with IEDC’s chair, Tom Kucharski has set three priorities for retired and will no longer be with IEDC, ending a
worst economic crisis since the Great Depression. In international partners and peers throughout the 2021 to address the ongoing challenges economic 35 year career with the Council. I will miss greeting
many ways, 2021 has been a continuation of 2020. world to find solutions and develop strategies that developers face. First, in the face of COVID-19, our Bostjan to our conferences and miss coming to
We are still confronting the COVID-19 pandemic with help our communities grow. Collaboration among priority is to continue to provide communities with WAIPA. Thank you for a great partnership. Let us
its impact on our economy and on FDI. According economic development professionals at all levels and the tools to help their economies recover and prosper. make it better in the future. Together we will continue
to the 2021 UNCTAD World Investment Report, across all regions will be crucial to global recovery A second priority is to make meaningful, measurable to empower our members with the knowledge they
after a 35 percent drop in 2020, global FDI flows and continued cross-border investment. progress in addressing the chronic and worsening need to navigate the challenges they encounter and
are expected to bottom out in 2021 with an initial racial and social inequities in the global economy. take advantage of the opportunities they are given.
waipa.org
recovery of 10 to 15 percent by the end of this year. IEDC has responded to these challenges by Lastly, our third priority is to address climate change,
This is still a 25 percent drop compared to 2019 FDI continuing to tirelessly work to help our community of the existential crisis of our time. IEDC will work to
levels. economic developers. For 95 years, The International navigate the challenges and learn to take advantage
12
MESSAGES FROM
GUY RYDER CONSULTATIVE COMMITTEE
Director-General,
International Labour
Organization (ILO)
www.ilo.org
activity. Persistent inequities in access to vaccines, The ILO Tripartite Declaration of Principles concerning
coupled with new waves of infections are likely Multinational Enterprises and Social Policy provides
The COVID-19 pandemic continues to have a constituents—governments and employers’ and
to continue to hold back FDI in many developing guidance to governments on policies to maximize
profound impact globally, with tragic loss of life and workers’ organizations—have committed to working
regions in 2021. the positive contribution of FDI and minimize and
damage to human health and communities. It has together to achieve a broad-based, job-rich recovery
resolve problems that may arise in the operations of
increased unemployment, underemployment and with decent work opportunities for all. Public and
In that regard ILO, WAIPA, UNCTAD and UNIDO foreign-owned companies. In light of the importance
inactivity due to supply chain disruptions, enterprise private investment will be vital in sectors hit hardest
are working together on a programme funded of generating employment-intensive investment and
closures and bankruptcies. This crisis has also by the crisis, such as hospitality, tourism, transport
under the Enhanced Integrated Framework (EIF), the unique role of Investment Promotion Agencies
increased informality and income insecurity. Women and retail, as well as those sectors with strong
headquartered at the World Trade Organization, to (IPAs), the ILO very much values its partnership with
workers, who are more numerous in the hardest-hit potential to expand decent work opportunities, such
support Investment Promotion Agencies (IPAs) from WAIPA in this process.
sectors, have disproportionately suffered job and as the care economy, education and infrastructure
Least Developed Countries (LDCs) through a virtual
income losses. Young people face greater hurdles development.
Executive College for tailored capacity building WAIPA has demonstrated its leadership and its
accessing the education and training they need to
activities. This project, developed and supported recognition of the importance of decent work in
secure employment or start a business. However, the current outlook for attracting Foreign
by the ILO International Training Centre, represents investment promotion and facilitation, particularly
Direct Investment (FDI) is gloomy in many countries.
Phase I of technical assistance to LDC IPAs, to be during this difficult period. We look forward to a
COVID-19 is a sober reminder of the interdependence According to UNCTAD, investment flows plunged
followed by a larger Phase II joint-agency initiative continued fruitful partnership with WAIPA and its
waipa.org
of countries and members of society. We need globally by 35% in 2020 due to the COVID-19 crisis,
that will cater for their particular needs. member IPAs. Only by working together will we
concerted action to meet these grave challenges. particularly affecting developing economies that
overcome the challenges ahead.
The International Labour Organization’s were unable to attract investment for new project
14
MESSAGES FROM
MATHIAS CORMANN CONSULTATIVE COMMITTEE
Secretary-General,
Organisation for
Economic Cooperation
and Development
(OECD)
www.oecd.org
to be key considerations for governments to support efforts on FDI in the digital economy. While just over
growth and create jobs. In this context, WAIPA and half of the IPAs from OECD countries dedicated at
the OECD share the vision for investment promotion least 25% of their resources to the promotion of
agencies (IPAs) as key players to boost investment digital FDI before the crisis, this share increased
to optimise the strength and the quality of the post- to over three quarters amidst the pandemic and is
COVID recovery. foreseen to reach over 90% in the near future. IPAs
Governments around the world have taken strong The recovery of the global economy is underway, are also integrating digital tools and technologies
measures to limit the spread of COVID-19. These but it remains uneven across countries and across By revising their prioritisation strategy, IPAs can in their own activities to achieve better results,
measures caused severe economic disruptions sectors. The main downside risk remains further better attract high-quality investment, including by adapt to the health crisis and offer a wider range of
impacting foreign direct investment (FDI) decisions outbreaks of the coronavirus pandemic – particularly using the OECD FDI Qualities Policy Toolkit, which e-government services to firms.
of firms. Governments have also taken significant at the extreme end with new variants of the virus that will be launched next year to provide guidance to
economic policy measures to support businesses may be resistant to existing vaccines. In advanced policymakers and practitioners in maximising the In these unprecedented times, international
and households through this public health crisis. economies, cross-border mergers and acquisitions positive impact of FDI. In addition to attracting cooperation and effective multilateralism is more
The level of impact on FDI flows is strongly related started rebounding in the second half of 2020, investment, IPAs are helping anchor foreign investors important than ever. The OECD IPA Network and
to the success of both health and economic policy which continued through the first quarter of 2021, in the local economy through their aftercare WAIPA offer unique platforms to support peer-
responses. We do know that the crisis accelerated with many deals in the healthcare and technology services – encouraging linkages with domestic learning and exchanges of good practices. I look
the already steady decline of FDI from the past six sectors. firms, preventing potential disputes, promoting forward to our continued co-operation with WAIPA
years as global flows fell to their lowest levels since responsible business conduct and encouraging to provide guidance to IPAs in their efforts to make
2005. The OECD estimates that in 2020 global FDI At the same time, the share of global FDI inflows sustainable business practices. international investment an engine in the strong and
flows dropped to USD 846 billion, a 38% decrease subject to screening continues to grow as a result IPAs can also support their countries’ digital sustainable recovery.
waipa.org
compared to 2019.i of the upward trend toward investment screening transformation strategies by focusing their attraction
policies, which was exacerbated by the pandemic.
Attracting and retaining new investors will continue iOECD (2021), FDI in Figures – April 2021 (https://www.oecd.org/daf/inv/mne/investmentnews.htm)
16
MESSAGES FROM
LI YONG CONSULTATIVE COMMITTEE
Director-General,
United Nations
Industrial Development
Organization (UNIDO)
www.unido.org
to lack concrete instruments and strategies to flexibly to the diverse technical assistance needs of
identify successful combinations of impact investor IPAs. One example is the joint delivery of the digital
interests and SDG investment requirements within course for IPAs themed “Investment facilitation,
The world today is still in the midst of an Sustainability considerations that were already well their own economies. What adds to the complexity sustainable development and building back better”
unprecedented global pandemic. The COVID-19 recognized prior to the crisis will take an even greater is the plethora of available environmental social together with our colleagues from WAIPA, ILO-ITC
crisis has significantly impacted household incomes, importance among investors that are expected to governance and impact measurement metrics, and UNCTAD. I am delighted and grateful that the
industrial production, global trade, remittances, and become drivers of the economic recovery phase. which may create confusion among project EIF has recently provided funding support to the
foreign direct investment flows. The latter declined owners and SMEs. Initiatives such as the European continued work of IPA capacity-building support in
by more than 35 per cent in 2020. The crisis has also Across the spectrum of different investment Commission’s “Sustainable Finance and EU least developed countries, bundling the expertise
exposed structural weaknesses in the configuration categories — most of which had experienced a Taxonomy” are commendable, as they offer a of the aforementioned agencies together with UN-
of international production networks and the stark downturn during the pandemic — I would like pathway towards standardization not only within the OHRLLS.
deepening of the digital divide. to single out the category of impact investment European Union, but potentially also in other regions
as investments that, besides financial returns, can where a regulated impact investing market is also Finally, I would like to take this opportunity to express
Investment promotion agencies (IPAs) have an active deliver positive social and environmental change. needed. UNIDO is looking forward to contributing its my gratitude to the WAIPA President, Mr. Al Gergawi,
role to play in the recovery process. The allocation logic Not only has impact investment shown a relative experience in this area and to working with WAIPA and to the WAIPA CEO, Mr. Bostjan Skalar, and his
of internal IPA resources was hitherto often lopsided resilience, but it has also grown counter-cyclically in and other members of the Consultative Committee staff. I am inspired how relentlessly the entire WAIPA
towards investment attraction activities. Despite the some sectors like ICT, healthcare and pharmaceutical to bring the worlds of impact investing and of IPAs team works towards serving the needs of IPAs and
need to rekindle investor attraction efforts — most of products, despite the global investment crunch. closer to each other. its commitment to deepen the partnerships with
UNIDO and its Consultative Committee members.
waipa.org
it still undertaken through digital means — IPAs should
not lose sight of the paramount importance of retaining Most IPAs are already familiar with the growing In spite of the challenges caused by the pandemic,
existing investors through after-care support. segment of impact investment. Yet, many seem UNIDO and WAIPA have continued to respond
18MESSAGES FROM
MONA E. CONSULTATIVE COMMITTEE
HADDAD
Global Director, Trade,
Investment and
Competitiveness, World
Bank
www.worldbank.org
withstand future shocks. The private sector, and FDI goods, apparel, and food and beverage. IPA services
in particular, as a key provider of better jobs will be aimed at investment retention are still needed in
critical for catalyzing a sustainable global recovery. harder-hit sectors like tourism and hospitality. And
Yet, to realize the potential of FDI, governments most importantly, investors want IPAs to advocate
must ensure appropriate FDI policies are in place to address investor constraints, reform and improve
along with the institutions and agencies needed to the investment climate, and push for the reduction
spearhead FDI attraction, expansion and retention or removal of restrictions to investment in the current
efforts. Investment Promotion Agencies (IPAs), COVID-19 environment.
now more than ever, should be in the front seat,
We have not yet turned the page on the global The pandemic period has also been marked by an complementing government-led recovery measures, Given the critical importance of IPA advocacy
crisis stemming from the COVID-19 pandemic. acceleration of key global transformational drivers, and helping rebuild investor confidence through the services in the context of a global pandemic,
Governments and the private sector continue to including the widespread adoption of technological systematic provision of relevant and quality services WAIPA and the WB joined forces to launch the first
suffer the enervating consequences of a resurgent solutions for businesses and governments, as well to investors. annual IPA Advocacy Services Competition. The
new variant in the face of persistent global economic as an increasing inclination towards adopting more IPAs with the top three advocacy reform efforts will
uncertainty. Governments around the world have resilient and sustainable solutions. Governments Best IPAs have continuously reinvented themselves be showcased for their achievements at the 2021
responded to the pandemic with increasingly and businesses around the world are attempting to through strategic revisions and innovative operational World Investment Conference.
protectionist investment policy measures, including find a balanced approach to move forward within approaches. Accelerated by the pandemic, the IPA
the introduction of foreign direct investment (FDI) this new global context despite the many remaining of the future must be a lean, strategic, proactive, The WB works with governments across the globe
entry restrictions like FDI screening, a trend that challenges. MNEs have, in fact, overwhelmingly results- and research-driven organization, focused and reiterates that, especially in these unprecedented
was particularly notable in OECD countries. Three expressed plans to increase productivity while on providing high-quality services to investors while times, good-practice IPAs have shown to be a
quarters of multinational enterprises (MNEs) leveraging technology, with over half indicating displaying private sector characteristics and fully good investment of public funds and can play an
surveyed in the latest World Bank (WB)’s MNE Pulse they have taken measures to increase sustainability leveraging advanced technologies in its operations. instrumental role in fostering a green, inclusive and
Survey indicated they continue to feel high levels because of the pandemic. resilient recovery when properly supported. As such,
of uncertainty with a majority still struggling from Proactive promotion will be essential in key sectors WB and WAIPA are committed to continue building
waipa.org
demand and supply chain disruptions and increased The ongoing recovery thus presents a pivotal that have remained resilient or even dynamic, like this global investment promotion community.
input and shipping costs. moment for ensuring that future economic growth is technology and life sciences, and, soon after, in
greener, more inclusive, and more resilient to better others that remain promising -- automotive, sporting
20MESSAGES FROM
ZURAB CONSULTATIVE COMMITTEE
POLOLIKASHVILI
Secretary-General,
The World Tourism
Organization (UNWTO)
www.unwto.org
The Covid-19 pandemic led to the collapse of International travel is slowly picking up from very low investments in tourism as we look toward the next force, bringing together diverse stakeholders who
international tourism in 2020, with the crisis carrying levels, though the sector’s restart remains fragile, decade. The pandemic could be an opportunity to are determined to safeguard investments and
over into a second year. International tourist arrivals uneven and hampered by ongoing uncertainty. reimagine investments in the sector by creating a formulate strategies for sustainable recovery from
(overnight visitors) dropped by 85% in January- Domestic travel is driving the recovery of tourism more sustainable, inclusive and resilient tourism. the impacts of the pandemic. At the same time,
May 2021 compared with the same period of 2019. in several destinations, especially those with large The crisis has accelerated digitisation throughout collaboration is also a force that will enable even
This followed on from an unprecedented drop domestic markets. Many are now identifying new the tourism value chain, and amplified the adoption greater innovation in new investment mechanisms,
of 73% recorded 2020, the worst year on record opportunities to grow domestic and rural tourism as of new technologies, while at the same time helping create new jobs and speed up economic
for international tourism. Such a sharp decline a way to stimulate recovery. Along with the ongoing highlighting opportunities for green investments to recovery far beyond the current crisis.
represents a decline of 1.1 billion international vaccination roll-out, the safe and responsible restart advance decarbonization efforts.
arrivals and an estimated loss of $1.3tn in export of tourism will continue to depend on a coordinated
revenues. Moreover, due to its labour-intensive response among countries, particularly with regard To this end, UNWTO is proud to have joined
nature, employment in tourism was hit particularly to travel restrictions, harmonized safety protocols forces with the World Association of Investment
hard, putting as many as 100 million to 120 million and effective communications to help restore Promotion Agencies (WAIPA) and its Consultative
direct tourism jobs at risk, and causing an estimated consumer confidence. Committee Members to strengthen the capacities of
loss of more than $2.5tn in global gross domestic our Member States to take measures to safeguard,
waipa.org
product. Against a backdrop of continued uncertainty, we attract and promote tourism investment projects. As
must collaborate on a global scale to incentivise we reimagine the sector, collaboration is a powerful
22EXPERT CONSULTATION ON THE DEVELOPMENT WAIPA – ILO ONLINE MASTERCLASS ON “
OVERVIEW OF ACTIVITIES OF A CFS-RAI DUE DILIGENCE TOOL FOR
GOVERNMENTS
INVESTMENTFACILITATION, SUSTAINABLE
DEVELOPMENT AND BUILDING BACK BETTER”
18 MARCH 2021 7 JUNE - 2 JULY 2021
WEBINAR WORKSHOP SERIES
“ALIGNING STRATEGY AND DAY-TO-DAY OPERATIONS” INVESTMENT FACILITATION FOR DEVELOPMENT:
8 APRIL 2021 ASSESSING LARGE-SCALE INVESTMENT CONTRACTS
REGIONAL MEETING 2 JULY 2021
ISTANBUL WEBINAR SERIES 2ND EIF – WAIPA CO-FUNDED PROJECT FOR LDCS
WEBINAR
FOR REGIONAL & CITY IPAS ON “CAPACITY BUILDING FOR EIF COUNTRIES ON WEBINAR: “LINKING OUTWARD FDI TO INWARD
5 NOVEMBER – 24 NOVEMBER – 27 NOVEMBER 2020 INVESTMENT PROMOTION” FDI: THE ROLE OF HOME COUNTRY MEASURES” WEBINAR: INVESTMENT FACILITATION FOR
WEBINAR SERIES 15 FEBRUARY – 18 FEBRUARY – 22 FEBRUARY – 25 FEBRUARY –
1 MARCH – 4 MARCH – 8 MARCH – 11 MARCH 2021
13 APRIL 2021 DEVELOPMENT: ASSESSING LARGE-SCALE
WAIPA-GIZ WEBINAR: LAUNCH OF THE WEBINAR SERIES INVESTMENT CONTRACTS
WORKSHOP SERIES
“INVESTMENT PROMOTION AGENCY (IPA) TOOLBOX” 6 JULY 2021
JOINT CALL BETWEN WAIPA PRESIDENT
25 NOVEMBER 2020 10TH MEETING OF THE ASIA-PACIFIC FOREIGN WEBINAR SERIES
WEBINAR AND UNCTAD
DIRECT INVESTMENT (FDI) NETWORK
23 FEBRUARY 2021
21 APRIL 2021 WORLD INVESTMENT REPORT 2021: INVESTING IN
UNCTAD WORLD INVESTMENT FORUM (WIF): WEBINAR ONLINE MEETING SUSTAINABLE RECOVERY – DISCUSSION WITH JAMES
INVESTING IN SUSTAINABLE DEVELOPMENT 3RD EIF – WAIPA CO-FUNDED PROJECT FOR LDCS ZHAN
(SATELLITE EVENT) IN PARTNERSHIP WITH WAIPA WEBINAR: “STRENGTHENING INVESTMENT 8 JULY 2021
7-8 DECEMBER 2020 FACILITATION CAPACITY FOR DEVELOPMENT: ON “CAPACITY BUILDING FOR EIF COUNTRIES ON ONLINE MEETING
SATELLITE CONFERENCE AN OVERVIEW, BASED ON ‘AN INVENTORY OF INVESTMENT PROMOTION”
6 MAY – 10 MAY – 13 MAY – 17 MAY – 20 MAY 2021 THREE SEAS SUMMIT AND BUSINESS FORUM
WAIPA GENERAL ASSEMBLY MEETING CONCRETE MEASURES TO FACILITATE THE FLOW OF WORKSHOP SERIES 9 JULY 2021
7TH DECEMBER 2020 SUSTAINABLE FDI: WHAT? WHY? HOW?’ BUSINESS FORUM
26 FEBRUARY 2021 WEBINAR:“LINKING OUTWARD FDI TO INWARD
EIF – WAIPA CO-FUNDED PROJECT FOR LDCS ON WEBINAR SERIES FDI: THE ROLE OF HOME COUNTRY MEASURES” CAPACITY DEVELOPMENT OF INVESTMENT
“CAPACITY BUILDING FOR EIF COUNTRIES ON 4 MAY 2021 PROMOTION AGENCIES (IPAS) AND TRADE
2ND WAIPA “AFTERCARE CAPACITY DEVELOPMENT” WEBINAR SERIES
INVESTMENT PROMOTION” MINISTRIES IN LEAST DEVELOPED COUNTRIES (LDCS)
1 DECEMBER- 3 DECEMBER- 8 DECEMBER- 10 DECEMBER- PROJECT FOR JORDAN INVESTMENT COMMISSION IN
“ENABLING FRAMEWORKS FOR TOURISM – LEARNINGS AND THE WAY FORWARD
14 DECEMBER -17 DECEMBER- 22 DECEMBER 2020 PARTNERSHIP WITH EBRD 12 JULY 2021
WORKSHOP SERIES 8 MARCH – 9 MARCH – 10 MARCH – 11 MARCH 2021 INVESTMENTS DURING COVID-19” OFFICIAL VALEDICTORY OF FIRST PHASE AND
WORKSHOP SERIES 17 MAY 2021 ANNOUNCEMENT OF UPCOMING EFFORTS FOR LDCS
WAIPA “AFTERCARE CAPACITY DEVELOPMENT” WEBINAR
PROJECT FOR JORDAN INVESTMENT COMMISSION COVID-19 AND POST-PANDEMIC INVESTMENT AND A JOINT ONLINE CAPACITY DEVELOPMENT PROGRAM
IN PARTNERSHIP WITH EBRD DEVELOPMENT WORKSHOP WEBINAR: “INCENTIVIZING SUSTAINABLE ON FDI &IPAS DURING COVID-19 – PART 1
7 DECEMBER – 8 DECEMBER – 9 DECEMBER – 10 DECEMBER 2020 11 MARCH 2021 FOREIGN DIRECT INVESTMENT” THEME A: ‘THE IMPACT OF COVID-19 ON FDI:
WORKSHOP SERIES WEBINAR 1 JUNE 2021
WEBINAR SERIES IMPLICATIONS FOR FDI RETENTION AND ATTRACTION’
WAIPA WBG LAUNCH OF “STRENGTHENING THE “A DECADE OF ACTION: HOW THE UNITED NATIONS 29 July – 5 August – 12 August – 19 August 2021
4TH EIF – WAIPA CO-FUNDED PROJECT FOR LDCS WEBINAR SERIES
ADVOCACY SERVICES OF INVESTMENT PROMOTION SDGS WILL DELIVER A NEW ECONOMY”
AGENCIES” COMPETITION 16 MARCH 2021 ON “CAPACITYBUILDING FOR EIF COUNTRIES ON
10 DECEMBER 2020 WEBINAR INVESTMENT PROMOTION” FDI EXCELLENCE TRAINING VIRTUAL MASTERCLASS
WEBINAR 7 JUNE – 10 JUNE – 14 JUNE – 17 JUNE – 21 JUNE – 27 JUNE 2021 DIGITAL TOOLS AND TECHNIQUES FOR INVESTMENT
WEBINAR: “INVESTMENT FACILITATION: WORKSHOP SERIES PROMOTION AND ATTRACTION
SOUTH AMERICA INTERNATIONAL INVESTMENT TRANSPARENCY AND STREAMLINING OF 1 – 2 SEPTEMBER & 8 –9 SEPTEMBER 2021
PROMOTION WEBINAR 2020 ADMINISTRATIVE PROCEDURES” WEBINAR SERIES
10 FEBRUARY 2021 17 MARCH 2021
waipa.org
REGIONAL MEETING WEBINAR SERIES
24ISTANBUL WEBINAR SERIES FOR REGIONAL & CITY IPAS WAIPA-GIZ WEBINAR: LAUNCH OF THE “INVESTMENT
PROMOTION AGENCY (IPA) TOOLBOX”
5 November – 24 November – 27 November 2020 WEBINAR SERIES
25 November 2020 WEBINAR
As part of the WAIPA’s initiative to learn directly from IPAs Each session included guest speakers from city or regional WAIPA and Deutsche Gesellschaft für Internationale This new free-to-use IPA Toolbox offers detailed and
about how they have dealt so far with COVID-19 and how IPAs sharing their insights and experiences. The discussion Zusammenarbeit (GIZ) GmbH joined their forces to practical guidance for IPA staff as well as for staff of
investment promotion will look like in the near future, was moderated by Invest in Istanbul. develop the toolbox for Investment Promotion Agencies technical assistance providers and can be implemented
Invest in Istanbul was hosting Istanbul Webinar Series for to improve investment promotion, investment facilitation for a very concrete results.
Regional & City IPAs to discuss current trends. and after care services for investors.
The IPA Toolbox was commissioned by the Deutsche
The launch of the Investment Promotion Agency Gesellschaft für Internationale Zusammenarbeit (GIZ)
The panelists contributing to the series were: (IPA) Toolbox was held on 25.11.2020 at 12:00 CET. GmbH on behalf of the German Federal Ministry for
• Ana María Badel, CEO, ProBarranquilla Under moderation of the WAIPA Deputy Executive Economic Cooperation and Development (BMZ) in
Director, Ismail Ersahin, the webinar started with welcome cooperation with the World Association of Investment
• Thiago Toscano, CEO, INDI - Minas Gerais Investment and Trade Promotion Agency words from WAIPA CEO. The Toolbox and it’s use was Promotion Agencies (WAIPA) and is available on the
presented by Deutsche Gesellschaft für Internationale WAIPA webiste.
• Minullina Taliya Ilgizovna, CEO, Tatarstan Investment Development Agency
Zusammenarbeit (GIZ) GmbH’s Björn Vogler. Participants
• Mohamed Al Musharrakh, CEO, Sharjah FDI Office - Invest in Sharjah also listened to from GIZ’s Steffen Felix on their work
with IPAs.
• Ahmed Omic, Research Analyst, WAIPA
• Alex Sanchiz, Investment Climate Consultant, The World Bank
• Idil Ozdogan, Director, PwC Turkey
This webinar series aimed to shed light on the important create the right linkages with other partners and networks
work of regional and city IPAs during and post-COVID-19, and what strategies regions and cities use to develop a
e.g. how regions and cities can support existing and clear value proposition.
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potential investors with credible information and data,
26 27UNCTAD WORLD INVESTMENT FORUM (WIF):
cooperation within the investment promotion community The Global Investment Promotion Conference brought
as well as how innovative partnerships, involving IPAs together state leaders, ministers, CEOs of leading global
INVESTING IN SUSTAINABLE DEVELOPMENT played a role in addressing challenges during the crisis
and how can IPAs from least developed countries better
companies, and executives of investment promotion
agencies and special economic zones to listen from the
(SATELLITE EVENT) IN PARTNERSHIP WITH WAIPA benefit from existing international support programmes
offered by development partners.
global leaders on the shape of investment promotion
beyond the pandemic.
Participants in the executive discussion included members
7-8 December 2020 Satellite conference and partners such as WAIPA Vice President and Invest
India CEO, Deepak Bagla as well as Ratnakar Adhikari,
Executive Director, Enhanced Integrated Framework (EIF),
World Trade Organization and others.
WAIPA GENERAL ASSEMBLY MEETING
7th December 2020
The 2020 General Assembly was different than in previous Cordial greetings to WAIPA members were also extended
years as it was being held for the entirely in a virtual format by WAIPA Vice-President Ms. Ola El Kobrosy and Mr. Deepak
for the first time in WAIPA’s history due to the COVID-19 Bagla. The meeting then continued with the presentation
pandemic. of the 2020/2021 plan of activities and estimated budget
plan for 2021.
WAIPA had the privillege to partner at the UNCTAD Gergawi was delighted to deliver a welcoming address at The meeting which was held on 7 December 2020
“Global Investment Promotion Conference” which was the Global Investment Promotion Conference organized in and was opened by the WAIPA Executive Director who In presence of WAIPA Legal Advisor Mr. Jean-Louis Collart
held on 7-8 December 2020 to discuss the shape of the partnership between UNCTAD and WAIPA. extended his sincere appreciation to all WAIPA members the WAIPA Statutes Amendments: “Article I para 3 of the
investment promotion and facilitation landscape beyond who joined to the assembly meeting. WAIPA President Statutes «The HQ of WAIPA shall be situated in Geneva,
the pandemic with world leaders. “We look forward to further strengthen our partnership Mr. Fahad AlGergawi then warmly welcomed all WAIPA Switzerland»” was approved.
with UNCTAD and our Consultative Committee members Members and stated that even though the year 2020 was
The satellite event included: to support a future fit WAIPA, committed to empower a challenging year for the entire globe, WAIPA has grown In the closing remarks WAIPA President Mr. Fahad
- WAIPA General Assembly meeting (for members only) and advocate the critical role of IPAs, in supporting and more confidence, playing critical role for IPAs to drive AlGergawi thanked all WAIPA members, Steering
- Summit Session on “Strategic Reorientation in Investment facilitating global FDI growth and positive impact” WAIPA sustainable economic development and inclusive impact Committee members and Permanent Secretariat for their
Promotion During and Beyond the Pandemic” President underlined. to our community, as well as our cities and nations. He active role and contributions. He stressed the fact that
- United Nations Investment Promotion Awards 2020 furthermore emphasized that during the term 2019/2020, the future of economy relies partially on IPAs who make
- Executive Dialogue on “Investment Facilitation and WAIPA Permanent Secretariat participated at the second WAIPA has developed its vision with all achievements, differences on loss of the year 2020 and that WAIPA
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Advocacy” day of the UNCTAD Global Investment Promotion Conference consultations with its members, partners, industry leaders, continues to advocate IPAs voice to highlight their crucial
in partnership with WAIPA at the Executive Dialogue on and its new initiatives which concretely proves a future fit importance.
WAIPA President and Dubai FDI CEO H.E. Fahad Al “Investment Facilitation and Advocacy” and highlighted the to WAIPA’s strategy.
28 29EIF – WAIPA CO-FUNDED PROJECT FOR LDCS
to attract sustainable FDI in trade led-growth sectors, to (UNCTAD), the Japan International Cooperation Agency
tap into the new sources of growth and to deepen their (JICA), and Myanmar’s national IPA, the Directorate of
ON “CAPACITY BUILDING FOR EIF COUNTRIES ON participation in the global value chains. Partnership with
WAIPA and other partners is key to helping LDCs leverage
Investment and Company Administration who shared
their best practices in the national strategies for FDI
INVESTMENT PROMOTION” additional resources to build back faster and better.” Dr.
Adhikari stated.
& investment promotion for the SDGs under program
consultant Carlos Griffin’s moderation.
The first workshop titled “Optimizing a country’s After the introductory welcome words by WAIPA DED
1 December- 3 December- 8 December- 10 December-
14 December -17 December- 22 December 2020
WORKSHOP SERIES institutional framework for investment promotion” which Ismail Ersahin, the delegates of JICA and DICA shared their
was held on 1 December took a step back from IPAs as our expertise with lessons learned from their collaboration to
frame of reference to look at the big picture of everything develop and implement a national, whole-of-government
a government does to promote private investment. The FDI strategy. UNCTAD followed with insights for promoting
participants examined who should be doing what, where investment in the SDGs, particularly in the age of COVID-19.
the IPA fits, and how the various institutions can best
cooperate. More than 46 participants from 10 countries The sixth session’s focus was on the course participants
participated in the first course. presenting their own national FDI strategies. They
summarized each personal assessments of the strengths
The second workshop on “FDI impacts and success stories” and weaknesses of their national IPA’s mandates making
continued with the best practice example on the crucial this a very important session in our program.
role an IPA can play. The topic was presented by David
O’Donovan, former senior staff member of IDA Ireland Finally, the last session concluded with the participants
who has a vast experience in foreign direct investment brainstorming how they can apply the lessons learned
and small and medium business SME development during the first series of workshops and were instructed
for developing countries. This session helped LDCs to by our program consultant Carlos Griffin on the inter-
implement the knowledge to the daily work. workshop homework, i.e. to produce a draft action plan
with stakeholders for the review and improvement of FDI
In the third session participants from selected LDC policy, strategies, institutions and coordination.
countries learnt about understanding different forms of
investment, their potential benefits, and implications This first workshop series lasted over the course of 4- weeks
for promotion. The session explored differences in the and it consisted total of 7 live videoconferences (including
dynamics, potential benefits, and promotion needs of discussions, guest speakers, review of homework), 5 video
financial investment vs. productive investment, DDI vs. lectures and 7 homework assignments via Zoom and
FDI, and investor-conceived projects vs. government- Google classroom.
conceived projects.
Due to pandemic EIF – WAIPA co-funded project for LDCs IPAs in LDCs through capacity building, regional and By the end of this workshop, participants were able to:
on “Capacity Building for EIF countries on Investment global coordination, and advocacy. Thanks to EIF support, The fourth session on “Identifying and addressing public • Draft investment policy statements for their countries
Promotion” was transformed into the virtual format. today we are glad to launch the training series that aims concerns about FDI” used the plenary discussion to • Distinguish among different types of investment and
to support LDCs drive to improve the business climate, explore some of the concerns and conflicts which may how to promote them
The official opening of the project started with the attract sustainable investment and leverage investment in arise around FDI and some of the measures which can be • Assess the suitability of their countries’ institutional
welcome given by WAIPA President & Dubai FDI CEO trade priority sectors. We look forward to further expand taken to prevent and resolve them. frameworks to their investment objectives
H.E. Fahad Al Gergawi as well as Dr. Ratnakar Adhikari, WAIPA’s partnerships to deliver on our commitment to
Executive Director, Executive Secretariat, Enhanced support LDCs progress and success.” said H.E. Algergawi. The fifth session started with three guest speakers from
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Integrated Framework (EIF), World Trade Organization. the United Nations Conference on Trade and Development
“In view of COVID-19 impacts, it is the EIF priority to
“WAIPA has developed a full-fledged program to support support LDCs improving trade and invesment enviroment
30 31WAIPA “AFTERCARE CAPACITY DEVELOPMENT” WAIPA WBG LAUNCH OF “STRENGTHENING THE
PROJECT FOR JORDAN INVESTMENT COMMISSION IN ADVOCACY SERVICES OF INVESTMENT PROMOTION
PARTNERSHIP WITH EBRD AGENCIES” COMPETITION
7 December – 8 December – 9 December – 10 December 2020 WORKSHOP SERIES 10 December 2020 WEBINAR
WAIPA and The World Bank launched their jointly platform and how IPAs can take part in the competition
organized competition called “Strengthening the Advocacy was demonstrated.
Services of Investment Promotion Agencies”.
Through this competition, the WBG and WAIPA aim to
In the launch not only the competition was explained emphasize the key benefits of IPAs’ advocacy efforts, by
but also two best practice examples of successful IPAs, collecting and disseminating IPA advocacy successes and
Invest India and CINDE - Costa Rica Investment Promotion raising awareness in a way that hopefully inspires more
Agency, were presented. Moreover, the submission IPAs to play a stronger role in advocating for reforms.
WAIPA had the pleasure to develop a tailormade project The third session included focus on investor development
funded by the European Bank for Reconstruction and as well as determining priority and understanding key
Development (EBRD) to upscale the skills on aftercare accounts. The consultant Andreas Dressler presented
of the Jordan Investment Commission. The Aftercare how investor development works in practice as well as
Capacity Development was executed by the consultant provided a guidance on how to obtain information about
Andreas Dressler. companies through research and other sources in order
to understand the factors influencing their activities and
In the first two sessions the JIC officers were able to potential for expansion.
learn about the importance of the aftercare and how to
support existing investors. They explored the methods of Last session of the first training then looked at key
IPAs for “reactive” aftercare and looked how to implement performance indicators and methods for assessing
activities that IPAs can conduct to build relationships with aftercare activities and discused a real case to determine
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decision makers of key investors. the best approach for supporting the company in
collaboration with partners.
32 33SOUTH AMERICA INTERNATIONAL INVESTMENT 2ND EIF – WAIPA CO-FUNDED PROJECT FOR LDCS
PROMOTION WEBINAR 2020 ON “CAPACITY BUILDING FOR EIF COUNTRIES ON
INVESTMENT PROMOTION”
10 February 2021 REGIONAL MEETING
15 February – 18 February – 22 February – 25 February
1 March – 4 March – 8 March – 11 March 2021
WORKSHOP SERIES
WAIPA Regional Director for South America INDI - Minas Minas Gerais, Mr. Paulo Brant and Mr. Thiago Toscano, CEO The WAIPA-Enhanced Integrated Framework (EIF) Furthermore, WAIPA Deputy Executive Director Ismail
Gerais Investment and Trade Promotion Agency, with of INDI who welcomed the participants and welcomed Workshop 2 for LDC countries titled “Designing and Ersahin had pleasure to announce that the live sessions
the support of WAIPA organized a “South America this initiative. Managing IPAs to Compete for FDI and Win” started on of this project will be translated from English to French
Investment Promotion webinar” to exchange views on the the 15 February 2021 with more than 78 participants and vice versa. WAIPA values academic information as
current situation of investment promotion and economic The webinar consisted of the three sessions. In the panel from 17 countries to strengthen Investment Promotion well as we highlight the importance of practicality during
development. “Lessons from 2020 & strategies for 2021” moderated by Agencies (IPAs) and Ministries of Trade’s (EIF NIU) all of our training programs – hence, we decided to
INDI CEO Mr Thiago Toscano, WAIPA Permanent Secretariat investment promotional knowledge and skills. provide this course in both English and French language
H.E. Fahad Al Gergawi, President of WAIPA and CEO of shared their insights on the current situation for IPAs and to enhance the interaction between all participants
Dubai FDI spoke at the opening of the event. Opening the critical support they can deliver to their stakeholders. The second training began with the welcoming words and to improve the quality of discussions that will help
remarks were also delivered by the Vice Governor of from EIF Deputy Executive Director, Ms. Annette Mutaawe to spread the key information and experience based
Ssemuwemba and WAIPA CEO. know-how for the daily life of investment promotion
professionals in LDCs all over the world.
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34 3510TH MEETING OF THE ASIA-PACIFIC FOREIGN DIRECT
First workshop which was held in December looked In the further sessions participants discussed the types
at the big picture of everything a government does of investment most likely to bring those impacts and the
to promote private investment. The 2nd course went
into details of for example: identifying priority sectors;
investment promotion activities most likely to generate
that investment. They shared ideas e.g. on the human INVESTMENT (FDI) NETWORK
benchmarking competitiveness of priority sectors resources and organizational structure at their IPAs,
against other countries; outlining management practices brainstormed on the data to be tracked in the CRM for
and systems needed for impact-oriented FDI promotion the IPAs’ M&E based on participants’ desired impacts, 23 February 2021 WEBINAR
etc. target investors, anticipated investment promotion
activities, and corresponding organizational structure.
The second session focused on the impacts of an IPA –
participants discussed their IPAs’ performance targets Under the moderation of the program consultant
and suggested a new or revised set of targets based on Carlos Griffin, participants from 17 beneficiary countries
best practices discussed until now, e.g. development of brainstormed on the systematic approach to receiving,
impact orientation, sector prioritization, benchmarking screening, processing, responding to, and following
competitiveness, and quantitative, measured indicators. up on investor inquiries, so as to ensure that no
opportunities fall through the cracks and that strategic
The focus of the third session was on setting a investments get maximum support and follow-up. They
standard for IPAs to take credit for impacts. The course also discussed the standard operating procedures
participants from Lesotho National Development which would best enable them to achieve best-practice
Corporation, ANAPI-RDC and FIPA Vanuatu presented follow-up and realization of strategic investments.
a draft standard for deciding when their IPAs can
justifiably claim credit for landing an FDI project, As such the second workshop which focused on the
generating FDI-related impacts, effecting investment overall managerial direction and systems which give an
climate reforms, and otherwise achieving the impacts IPA its character and set the stage for success or failure
targeted in previous task. came to the end in March.
WAIPA Permanent Secretariat participated at the first examples of how IPAs continue to serve their governments
session of the United Nations ESCAP’s 10th meeting of the and provide great value to investors. It is up to the IPAs to
Asia-Pacific Foreign Direct Investment (FDI) Network to continue to adjust their strategies, we as WAIPA certainly
discuss the FDI during the COVID-19 Pandemic: FDI trends aim to continue to support them on their endeavours” he
and outlook, lead generation and investment promotion. said.
They provided a closer look on how IPAs are responding The ARTNeT- Asia Pacific Research and Training Network on
to the COVID-19 Pandemic and what challenges and FDI serves as the unifying platform to facilitate knowledge
opportunities are there for the AP IPAs. sharing and experiences on FDI policy development and
promotion among FDI policy makers to ensure FDI policies
“The impact of the COVID pandemic has been considerable, are aligned to support towards the 2030 Agenda for
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but we have seen over the last year numerous great Sustainable Development.
36 37WEBINAR: “STRENGTHENING INVESTMENT FACILITATION 2ND WAIPA “AFTERCARE CAPACITY DEVELOPMENT”
CAPACITY FOR DEVELOPMENT: AN OVERVIEW, BASED ON ‘AN PROJECT FOR JORDAN INVESTMENT COMMISSION IN
INVENTORY OF CONCRETE MEASURES TO FACILITATE THE PARTNERSHIP WITH EBRD
FLOW OF SUSTAINABLE FDI: WHAT? WHY? HOW?”
8 March – 9 March – 10 March – 11 March 2021 WORKSHOP SERIES
26 February 2021 WEBINAR SERIES
The second round of the Aftercare Capacity Development The second session was focused on:
WAIPA Permanent Secretariat participated at “The WAIPA had the pleasure to co-organize this event
project for Jordan Investment Commission in partnership - Determining which information is most relevant for
importance of investment facilitation in a post Covid-19 together with the International Trade Centre (ITC), the
with EBRD started on 8 March 2021. aftercare support.
world” at the webinar “Strengthening investment German Development Institute / Deutsches Institut fuer
- Obtaining relevant information about companies
facilitation capacity for development: an overview, based Entwicklungspolitik (DIE) and the World Economic Forum
FDI Center’s Andreas Dressler led through these courses through research.
on ‘An Inventory of Concrete Measures to Facilitate the (WEF).
and the first session was covering the practical aspects of - Using other contacts to obtain information about
Flow of Sustainable FDI: What? Why? How?”.
the aftercare. companies.
First-hand experiences from IPAs were shared by Ghana
- Questions to ask in meetings with existing investors to
They highlighted that it is essential to have IPAs in the Investment Promotion Centre, Apex-Brasil, Business
Welcome words were extended by WAIPA President and identify key issues.
discussion to get a broad perspective as they are and France (Invest in France) & Bahrain EDB.
Dubai FDI CEO H.E. Fahad Al Gergawi who also presented
will be very instrumental in the implementation of the
Dubai FDI’s Case Study of the MNC’s Carbon Neutral The third session discussed types of aftercare support
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facilitation measures, to assist their governments and This was the lanching webinar of the series that was
Ambitions - From Vision to Reality. Hassan Mohalal from that JIC can provide in addition to current assistance.and
investors towards sustainable development. followed by webinars focused on specific practical aspects
Dubai FDI has shared the insights on the best practices of different levels of support depending on the classification
of investment facilitation.
Dubai FDI’s aftercare services. of the company, managing company expectations and
38 possibilities of structuring support as distinct “service 39You can also read
