Ismail Ersahin, WAIPA Executive Director, stated: “Our trainings and workshops are exclusive as we always try to collect the perspectives from different sources, namely international organizations, consultancy companies and most importantly experience sharing sessions with companies and IPAs.”
The WAIPA – IsDB capacity development program was organized in collaboration with Wavteq and included guest speakers from UNCTAD, the World Bank, Dubai FDI, Czech Invest, Ethiopian Investment Commission (EIC), Abu Dhabi Investment Office (ADIO), Investment Office of the Presidency of the Republic of Turkey (Invest Turkiye), Invest Kuala Lumpur, Moroccan Investment and Export Development Agency (AMDIE), General Authority for Investment and Free Zones (GAFI), BKPM (Indonesia), Invest India, Jones Lang LaSalle, Nxt Zones FDI 4.0, Invest Cyprus, Rwanda Development Board, FIPA Tunisia and Business Finland.
The second phase of this capacity development program aimed to explore the post-COVID FDI landscape and how can IPAs leverage new FDI opportunities.
The first session focused on FDI reshoring and supply chain localization: “How IPAs leverage FDI” and provided the latest update on how corporate location decisions and the site selection process have changed in response to COVID-19.
“We have been launched into a new digital era where events have now been turned into webinars and the attendance levels of these have spiked due to the accessibility factor. This digital mindset is still not shared by everyone, but many experts agree that this is the time to get on board or be left behind in the new FDI landscape.” said Henry Loewendahl, Group CEO of Wavteq.
The online program was attended by 143 participants from 43 countries and provided an important opportunity to increase knowledge on the short- and long-term implications of Covid-19 b and how to for scale up their FDI promotion efforts.
“The current situation was a timely opportunity to involve IPAs in discussing the difficulties caused by COVID and the opportunities created through it and to increase collaboration amongst them,” said Mohamed Bukhari, Senior Investment Promotion Specialist, IsDB.