Mr. Yu Hua, Deputy Director General, China Investment Promotion Agency, Beijing, China

It was also reported that UNCTAD had carried out an assessment of the investment promotion capacity of the national investment promotion agency (Agence Nationale de Développement de l'Investissement).

This agency acts as a one stop shop and as the focal point for investment promotion activities.

Yet, except for Costa Rica s foreign investment promotion agency, CINDE, modeled after the IDA Ireland, none of Latin America s FDI promotion agencies have succeeded in adopting best practices.

Work has started to define priorities for establishing institutions needed for private sector development, including an investment promotion agency (a priority).

The Review action plan recommended that action be taken to review and update the current investment legislation, to reform land access, to strengthen the local investment promotion agency, to promote good governance and to devise proactive policies dedicated to the promotion of national and regional investment opportunities.

Guinean Agency for Employment Promotion (AGUIPE).

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

In terms of investment promotion strategies, investment promotion agencies (IPAs) are mainly focused on investors based in developed countries.

(b) Private Investment Promotion Office (OPIP)

In 1961, the Economic Development Board (EDB) of Singapore was established as a one stop investment promotion agency to assist foreign firms in their operations in Singapore.

Service Module 2 Investment and technology promotion

Support has continued to the World Association of Investment Promotion Agencies (WAIPA), which includes 46 investment promotion agencies from Africa as members.

Examples of the latter could include provisions aimed at enterprise development, OFDI promotion programmes and outbound investment missions in conjunction with investment promotion authorities.

The principal outputs of the investment promotion component comprise

In particular, many LDCs had recently established investment promotion agencies and were entering into bilateral, regional and interregional agreements for the protection and promotion of investment.

In the case of China, OFDI approval procedures have been simplified and the Investment Promotion Agency, established under the Ministry of Commerce, provides support in helping Chinese enterprises to invest abroad.

Programme Component D.4 Promotion of Domestic Investment, FDI and Alliances

In addition, efforts need to be directed towards entrepreneurship and investment promotion.

In Djibouti, the installation of the Investment Gateway, which is an Internet based interactive platform for investment promotion, is under way.

The basic legal structure for foreign investment in Peru is formed by the 1993 constitution, the Private Investment Growth Law, and the November 1996 Investment Promotion Law.

Italy had always attached great importance to UNIDO investment promotion and technology transfer.

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

Progress has also been recorded in the plan of action on investment promotion activities

It also contributed to the Investment and Technology Promotion Office in Seoul to enable it to promote direct foreign investment and technology diffusion.

But, in addition to the right legal and regulatory framework to ensure appropriate links to the national economy which is also lacking in most of the region the search for desirable investors requires an effective foreign investment promotion agency.

This could be achieved through UNCTAD's existing intergovernmental forum and by preparing short investment policy briefs aimed at policy makers and investment promotion agencies.

With regard to investment promotion, Egypt has adopted UNCTAD's recommendation that GAFI be transformed from a control authority into an investment promoter and facilitator.

It recommends that the secretariat further strengthen its programme on Good Governance in Investment Promotion (GGIP) and extend its assistance to more interested developing countries, in particular LDCs, in implementing measures to improve good governance in investment promotion.

The programmes had the support of the Development Bank, a governmental agency for the promotion of public and private investment in activities which contributed to the renewal, growth and consolidation of the production apparatus, as well as support from international assistance.

The UNIDO Investment and Technology Promotion Office in Istanbul, Turkey, had been opened in February 2005.

A network of independent investment promotion units had been created in Mediterranean countries with Italian support.

The work of the World Association of Investment Promotion Agencies (WAIPA) was important in assisting developing countries in the definition of their investment promotion policies and in the creation of related agencies. Further collaboration between UNCTAD and WAIPA was called for.

The work of the World Association of Investment Promotion Agencies (WAIPA) was important in assisting developing countries in the definition of their investment promotion policies and in the creation of related agencies. Further collaboration between UNCTAD and WAIPA was called for.

(c) Mobilization of domestic and foreign direct investment in Africa through investment and technology promotion activities and cooperation with other United Nations agencies and financial institutions

These instruments include tax exemption on income remitted into the country by Malaysian companies investing overseas, the provision of investment guarantees and investment promotion missions abroad.

For example, international organizations like the World Association of Investment Promotion Agencies (WAIPA) could coordinate such cooperation.

Multilateral agencies could provide the technical and financial assistance required for setting up domestic investment promotion agencies.

Topics such as trade capacity building, innovation, technology upgrading, investment promotion and SME development would be covered.

Ongoing activities include the development of standards and recommendations in sustainable transport, promotion of energy efficient technology and energy efficient investment projects and promotion of sustainable forest management.

Investment promotion agencies for inward FDI and OFDI, both in developing and developed countries, could coordinate their efforts.

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

(c) Development policies through private sector support, diffusion of environmentally sound technologies, investment promotion and enhanced access to markets

For example, investment promotion agencies in Denmark, Sweden and the United Kingdom have already established a presence in China.

Experts underscored the significance of information technology for improving governance in investment promotion and the need to provide support to developing countries through programmes such as the UNCTAD Investment Gateway.