World Association of Investment Promotion Agencies
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| Abbreviation | WAIPA |
|---|---|
| Formation | 1995 |
| Founder | UN Trade and Development and 50 investment promotion agencies |
| Type | Non-governmental organization |
| Legal status | Non-profit association (Under Swiss law) |
| Purpose | Gather and connect worldwide investment promotion agencies |
| Location | |
Region served | Worldwide |
| Services | Represent members, coordinate events and advice on policy and strategy |
| Fields | Investment |
| Membership | 133 (2024) |
Official language | English |
Executive Director | İsmail Erşahin |
| Funding | Membership fees |
| Website | waipa |
The World Association of Investment Promotion Agencies (WAIPA) is an international non-governmental trade association for Investment Promotion Agencies (IPAs). WAIPA acts as a forum for investment promotion agencies (IPA), provides networking and promotes best practice in investment promotion.[1] It holds the annual World Investment Conference (WIC) each year.[2]
History
[edit | edit source]It was established in 1995 by the United Nations Conference on Trade and Development. The Secretariat has been based in Geneva, Switzerland since 1995. The World Investment Conference is held in a different location around the world each year.
Objectives
[edit | edit source]The objectives of WAIPA, as reflected in the Association's Statutes, are to:
- Promote and develop understanding and cooperation amongst IPAs;
- Strengthen information gathering systems, promote the efficient use of information and facilitate access to data sources;
- Share country and regional experiences in attracting foreign investment and enhancing outward investments;
- Assist IPAs to advocate the promotion of policies, within their government, which are beneficial to increasing foreign direct investment and promoting economic development;
- Facilitate access to technical assistance and promote training of IPAs.[3]
See also
[edit | edit source]References
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