An investment climate providing legal protections for investors could help to attract technology based investments.

And to get my investment back, I need an attraction. A real attraction.

That will enhance Africa's attractiveness to foreign direct investment.

Similarly, it is usually the poor and deprived areas within countries that are not attractive to investors.

We have policies and laws that are attractive to private investment including and especially private foreign investment.

Research by financial experts suggested that it was possible to develop an investment instrument out of a portfolio of domestic currency assets that could be attractive to foreign investors.

In light of the importance of market size to potential foreign investors, it also seems likely that such arrangements could help attract FDI to Africa.

Speakers analysed the factors that push away investments from the home economy (push factors) and those that pull investors towards host economies (pull factors).

And this is a weighty argument in favour of a more active work to attract foreign investments, with all the necessary conditions being safeguarded by law.

Prohibitive transport and transit costs, narrow resource bases and small domestic markets were not attractive to foreign investors.

This new partnership has been built on confidence in Central Asia s ability to offer attractive trade and investment opportunities for investors.

A. Panel on Attracting FDI for development lessons for LDCs

Weak infrastructure is an impediment to investment in manufacturing but it can also be an attractive opportunity for the international infrastructure industry.

2. Attracting private investment in infrastructure

While it was pointed out that there was no causal connection between international investment agreements (IIAs) and attracting FDI, it was nevertheless emphasized that the protection of investors would encourage the flow of investments.

The case of Mexicali, in Mexico, which was diversifying into attracting FDI in research and development activities clustered around its core base of investors in manufacturing, was highlighted.

It is worth noting that, as the market expects a more stable renminbi, the attractiveness of renminbi assets to foreign investors will also gradually increase.

While the focus of most investment promotion efforts are on attracting FDI, the promotion of outward investment has become more prominent in recent years.

This growth is related to investment reforms undertaken in many countries in order to attract foreign investors.

With increasing competition for FDIs, it is important to develop an attractive package to match the needs of investors.

While the focus of most investment promotion efforts are on attracting FDI, the promotion of outward investment has become more prominent in recent years.

An UNCTAD 1996 survey of 80 investment promotion agencies (IPAs) wordwide shows that 73 per cent of the IPAs have a system of some sort for identifying and attracting investors, and assessing their economic and financial strengths.

Efforts could also be made to develop physical and economic infrastructure and human capital in order to attract and absorb foreign investment flows.

The Sudan had substantial resources that should be attractive to investors and was anxious to cooperate in promoting the welfare of all peoples.

The paper considers both inward and outward investment promotion.

I. PROMOTION OF INWARD FOREIGN DIRECT INVESTMENT

The efforts to attract FDI are, more often than not, marred by the conspicuous absence of a vibrant domestic investment base in developing countries.

This procedure would allow countries wishing to attract investment to be able to address themselves to a single body capable of guiding them in their search for potential investors.

6. With regard to the promotion of outward FDI, experts noted that the measures used by host countries to attract investors are often compatible with the measures available to home countries to encourage their firms to invest abroad.

His Majesty King Abdullah II had been working hard to further develop and strengthen the economy, making the business environment attractive to foreign investors.

They had little attraction for private investors and experienced great difficulty in making a start on their economic recovery and consequently in investing in health, education and other sectors essential for long term productivity.

(b) To identify potential investors who are most likely to be attracted by the locational advantages which the country has to offer

Despite our interest in attracting investments, and despite our efforts to create a climate conducive to the flow of investments, the fact still remains that investment agreements should strike a fair balance between protecting the rights of the investor, on the one hand and ensuring the rights and interests of the receiving States, on the other.

Another possibility is the development of foreign investment funds investing in a diversified portfolio of domestic currency denominated debt of developing countries, which provide, through diversification, risk adjusted rates of return that are attractive to foreign investors.

That is particularly important in view of the inability of the LDCs to attract significant foreign direct investment (FDI) flows.

(a) Local governments are under pressure to attract investment and facilitate industrial development

I. Promotion of inward foreign direct investment 7 41

(c) Should there be greater cooperation between inward and outward investment promotion agencies?

The latter have made important efforts to attract FDI as a tool for accelerating development.

Sri Lanka had the potential to attract more FDI and to increase the benefits from it.

Offering incentives to attract private investors to the telecommunications sector and assigning them a definite role in expanding and upgrading the system have also been considered.

Implementing the IPR recommendations could improve Benin's capacity to attract FDI and benefit from FDI by reforming the regulatory and institutional investment framework.

1. Most experts who spoke observed that, for host countries, the most important purpose of bilateral investment treaties is to attract foreign investment in the interest of development.

The share of the private sector in overall production was currently 75 per cent, which made the Russian economy more attractive to foreign investors the influx of investments had more than tripled since the previous year.

An attractive investment climate has been created in Kyrgyzstan, and a legislative base has been established which affords foreign investors the necessary guarantees and privileges.