The Investment Policy Review of Benin was presented on 2 November 2004 at the Expert Meeting on Good Governance in Investment Promotion.

The National Investment Council was now meeting much more frequently than in the past and had reduced the approval time for new investment projects.

1st meeting Economic development in Africa The role of foreign direct investment in growth and development

The Chairperson of the Expert Meeting on Good Governance in Investment Promotion reported on that meeting, which had taken place from 1 to 3 November 2004.

The first meeting the Expert Meeting on Good Governance in Investment Promotion took place in November 2004 and the second one the Expert Meeting on the Impact of FDI on Development in January 2005.

Report of the Expert Meeting on Good Governance in Investment Promotion (TD B COM.2 EM.15 3)

In addition, a private sector forum to boost investment may be held simultaneously with the meeting of the Consultative Group.

The Commission took note of the report of the Expert Meeting on Good Governance in Investment Promotion and the suggestions contained therein.

The report of the Expert Meeting will be submitted to the Commission on Investment, Technology and Related Financial Issues at its tenth session.

During the meeting, the experts focused on the opportunities and challenges of internationalization for developing countries enterprises through direct outward foreign direct investment.

At their meeting in Durban in March, the five countries leaders announced that their New Development Bank will focus on infrastructure investment in developing countries, which, they said, was constrained by insufficient long term financing and foreign direct investment.

In fact, at the recent G 20 meeting, the World Bank presented an Umbrella Report on Long Term Investment Financing for Growth and Development.

Companies that try to seize all investment opportunities that come along may not achieve synergies or improve their chances of meeting overall corporate objectives.

The growing importance of the South in the global economy was highlighted most recently at the G77 High Level Forum Meeting, held in Doha in December 2004, which addressed the issue of investment with a special focus on South South investment flows.

African Union leaders (AU), at their Summit meeting in Sirte, Libya, made strong commitments on governance and on creating an environment conducive to investment and development.

The report of the Expert Meeting will be submitted to the Commission on Investment, Technology and Related Financial Issues at its next session (Geneva, March 2006).

To generate funds, governments could give tax breaks in order to encourage private sector investment in R D that is of strategic importance to meeting the MDGs.

This treaty improved the investment climate and encouraged investment.

An investment in youth is an investment in the future.

Investment promotion The Advisory Service on Investment and Training (ASIT)

But, according to the Bundesbank, net investment abroad (including financial investment) has already roughly matched domestic investment in recent years.

Investment policies should extend to both domestic and foreign direct investment.

Mr. Darmawan Djajusman, Director of Investment Deregulation, Investment Coordinating Board, Indonesia

Investment suffered.

Investment balances

Investment Section

Investment costs

Investment Section

Investment Section

Investment ledger

It took note of the report of the Expert Meeting on Good Governance in Investment Promotion (TD B COM.2 EM.15 3) and the report of the Expert Meeting on the Impact of FDI on Development (TD B COM.2 EM.16 3).

The next meeting, later this year, of the China Africa Cooperation Forum (CACF), established to promote trade and investment, will include 46 African heads of state, along with China s leaders.

The investment policy reviews and investment guides produced by UNCTAD had been valuable in improving the investment policy environment in those countries.

Front loaded public investment could be funded through an enhanced European Investment Bank.

Why Public Investment?

My Best Investment

Foreign direct investment

Investment Management 32

Non investment costs

Foreign direct investment

Investment of funds

Investment issues analysis

Investment Policy Reviews

But in any investment decision, the key question is, What is my alternative investment?

Licensing requirements for foreign investment have also been reduced, making investment easier for enterprises.