Davos, Switzerland – January 18, 2024
In a resounding commitment to transformative change through strategic partnerships, WAIPA marked its participation at the 54th World Economic Forum Annual Meeting in Davos by organizing the affiliate session in collaboration with the United Nations Conference on Trade and Development (UNCTAD) for the third consecutive year.
Themed “Investing in Technology in the New Era,” this year’s session delved into the challenges and opportunities of cross-border technology investments, with a particular emphasis on Information and Communication Technology (ICT) investments and their pivotal role in shaping the future of technology.
The notable attendance of two eminent investment Ministers, H.E. Khalid Al-Falih, Minister of Investment of the Kingdom of Saudi Arabia, and H.E. Lord Dominic Johnson, Minister of State for Investment and Regulatory Reform of the United Kingdom, brought valuable insights to the opening segment of the session our Fire Starter Session, which was skillfully moderated by James Zhan, Chief Advisor to the Secretary-General of UNCTAD and Chief Strategic Advisor of WAIPA.
This was followed by a stimulating discussion moderated by Matthew Stephenson, the Head of Investment and Services at the World Economic Forum, joined by such thought leaders as Nivruti Rai, Managing Director and CEO of Invest India and President of WAIPA; Scott Faris, CEO of Infleqtion USA; and Luis Silva, the Founder, Chairman, and CEO of CloudWalk, Inc. Discussions centered around prioritizing and facilitating international investments in technology, particularly in the realms of Big Data, Artificial Intelligence, and Blockchain. The diverse insights shared underscored the importance of collaborative efforts to harness the full potential of technological advancements for global economic progress.
The session provided compelling insight into the dynamic landscape of the technology industry, emphasizing the pivotal role that collaboration, global partnerships, and a forward-thinking mindset play in steering its future trajectory. WAIPA’s presence marked its commitment to a united approach in tackling global challenges and harnessing technology for the collective benefit, emphasizing the immense potential of collaborative partnerships to propel innovation, attract investments, and instigate positive global change.
