The 27th World Investment Conference (WIC) Empowering Investors: IPAs Pioneering Future Growth took place December 11-14 at the India International Convention and Expo Center in New Delhi, India. It was hosted by Invest India, which holds the presidency of WAIPA and was re-elected to a new term during the General Assembly. The event was conducted under the auspices of India’s Ministry of Commerce. Shri Piyush Goyal, Honourable Minister of Commerce & Industry, Consumer Affairs, Food and Public Distribution, and Textiles, addressed the congress.
This year’s conference was attended in person by over 1000 representatives from 107 countries, lasted for four days presenting 35 sessions by 60 speakers, sponsored by 19 sponsors and partners.
World Investment Conference 2023 provided a platform to match investors with investible projects in countries worldwide. The Investor-IPA Connect session, which took place on December 13th, facilitated not only the presentation of investible projects but also exclusive one-on-one interactions.
High-level panels saw speakers from industry, government, finance and investment, and multilaterals examine such themes as Investment in Technology and the SDGs, and Connecting Investors with Promising Investible Projects. Among other sessions, the Global Leaders Forum: Investing for a Better World discussed how to address imbalances in global foreign direct investment flows, with divisional directors in multilateral institutions and heads of international associations calling for careful, considered and investment-friendly policymaking and a reduction in trade and investment barriers in order to reduce inequities.
On day four of the conference, a closed-door meeting of IPAs of G20 nations reasserted the commitment of WAIPA, its partners, the holder of the current G20 presidency India and incoming G20 president Brazil, to the pursuit of sustainable development and stressed the importance of G20 IPAs in a changing world order.