WHY WAIPA?
The World Association of Investment Promotion Agencies (WAIPA) was created in 1995. It was established as an Association under Swiss law. It has been registered in Geneva, as a non-governmental organization. From its very inception, WAIPA has represented an ever growing number of Member agencies. Through its wide range of activities, WAIPA provides the opportunity for investment promotion agencies (IPAs) to network and exchange best practices in investment promotion. WAIPA has always dedicated, and continues to dedicate, time and effort towards building the human resources capacity of its Member agencies. Membership is open to any agency, government body or entity whose prime function is “to promote any country, political sub-division of a country or other uncontested territory, as a destination for, or as source of investments”.
RECENT ANNOUNCEMENTS
WAIPA and UNWTO sign a Memorandum of Understanding
The Executive Director of the World Association of Investment Promotion Agencies (WAIPA), Bostjan Skalar and the Secretary-General, D. Zurab Pololikashvili of the World Tourism Organization (UNWTO) signed a Memorandum of Understanding (MoU) which was [...]
First workshop within the EIF WAIPA co-funded project for LDCs started virtually
Today our first workshop within the EIF WAIPA co-funded project for LDCs on “Capacity Building for EIF countries on Investment Promotion” in a virtual format started. Official welcomes were given by WAIPA President and [...]
ANNOUNCING WAIPA GENERAL ASSEMBLY AGENDA 2020
According to the WAIPA Statutes, today on the 6th November 2020, 30 days prior to the meeting we announce the agenda of the WAIPA General Assembly. We cordially invite our members to join us [...]
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Top Five Ways Covid-19 Influences the Work of Investment Promotion Agencies
IPAs have their work cut out for them as they grapple with huge upheavals in the investment landscape. Bostjan Skalar, CEO of the World Association of Investment Promotion Agencies, pinpoints five disruptors they face.
Investment promotion agencies (IPAs) are the organisations charged with attracting and facilitating inward investment and therefore play an essential role in international economic development and growth. The past year has not been an easy one for IPAs, and they must adapt to a market in great flux and carve out an entirely new paradigm for successful investment […]
A Focus on Foreign Investment Can Drive our Recovery from COVID-19
- Investment promotion agencies (IPAs) around the world are demonstrating their criticality as we begin the recovery from COVID-19.
- There is still plenty of interest in FDI worldwide.
- By focusing on engagement with partners, IPAs can help their economies emerge stronger from the crisis.
The COVID-19 crisis has brought to light the critical role of investment promotion agencies (IPAs), who have had to demonstrate agility and reactiveness in supporting the needs of investors.
This is supported by UNCTAD data, which reports that 77% […]
State of Investment Promotion Agencies
With the growing importance of foreign direct investments (FDI) for accelerating development, to eradicate unemployment and increase exports, many governments around the world have established investment promotion agencies (IPAs) to attract, advocate and facilitate investment in their countries. As often being the first entity contacted by investors and serving as an intermediate between foreign investors and the government, they have one of the key roles in the overall site selection, incentives, data collection, bureaucratic certification and company establishment processes. However, knowledge gaps are present regarding their structure and main operations. […]
FDI OVERVIEW