A Presentation to the Workshop on International Investment Policies, Investment Promotion Strategies and Sustainable Development Casablanca, Morocco, 19-23 November 2012 Presented by Mr. Mohamed Bukhari, IDB/ITAP
The Structure of the Islamic Development Bank Group Board of Governors Islamic Corp. for the Insurance of Investment and Export Credit Board of Executive Directors Islamic Corp. for Development of the Private Sector 1/3/13 Islamic Research and Training Institute International Islamic Trade Finance Corp. 2 2 1/3/13
Rationale for ITAP Why IDB is concerned with Investment Promotion? Greater Recognition of the role of the private sector and foreign direct investment in sustainable socio-economic development of a country. 3 The paucity of FDI flows in IDB Member Countries. The need for improving the investment climate and capacity to attract FDI by Member Countries.
ITAP Objectives Technical Assistance for the enhancement of investment climate. Capacity Building of Investment Promotion Agencies of MC Technical Assistance to Selected Member Countries in identifying the investment potential and encouraging FDI Inflow Promote the investment opportunities in IDB MC s through Capacity building 4 ITAP Business Model To transfer knowledge and know-how from experienced MCs to other MCs. Utilize expertise and experience of International Development agencies. Leverage IDB s experience and know-how.
ITAP+IDB Staff Consultants Partners Correlations with Prospective Partners ITAP Staff Consultant Advisory Services to Improve Invest. Climate Capacity Building of IPA Request by MC Country Selected by SC Need Assess. Mission Project Doc. Specifies Areas of Intervention Invest. Prom. Activities (Conf. W. Shops etc. ITAP Desk Study and Recommendations to SC Partner Sector Identification Pre-feasibility Invest. Proposals (Project Folders) Identifying Interested Foreign Investors 5
The Arab Bank of Economic Development of Africa (BADEA) * United Nations Industrial Development Organization (UNIDO) The Multilateral Investment Guarantee Agency (MIGA) United Nations Conference on Trade and Development (UNCTAD) The Malaysian Investment Development Authority (MIDA) * The World Association for Investment Promotion Agencies (WAIPA) Foreign Investment Advisory Service, World Bank Group (FIAS) The Union of Chambers & Commodity Exchange of Turkey (TOBB) Jordan Investment Board (JIB) The Economic Research Foundation of Turkey (TEPAV) The Investment Support and Promotion Agency of Turkey (ISPAT) Ministry of Economy Turkey * The Turkish Int l Cooperation and Development Agency (TIKA) * * (Partner / Donor) 6
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Program Date Partner/s Location Participants Investor-State Dispute and International Investment Rulemaking Promoting Domestic Investment through Entrepreneurship Development Bahrain Model Regional Program on Improving Investment Climate in CIS countries Program for Kaznex Invest (Kazakh. IPA) on Road Show & FDI attraction Turkey s reform policy experience in improving its investment climate FDI Promotion & Economic Development Strategies Linking Job Creation to FDI and Policy Development UNIDO Supplier Partnership Exchange Program SPX 22-25 March 2011 28 May- 1 June 2011 UNCTAD UNIDO - ARCEIT 06-10 June 2011 TEPAV 07-09 Sept. 2011 ISPAT 10-14 October 2011 21 25 Nov. 2011 6-8 Dec. 2011 15 to 19 Dec 2012 MOE of Turkey TEPAV TOBB MIDA WB Group UNIDO UNCTAD UNIDO Casablanca, Morocco Manama, Bahrain Ankara, Turkey Astana, Kazakhstan Ankara, Turkey KL Malaysia 25 15 8 15 31 32 Rabat 34 Morocco KL Malaysia 22 8
Country beneficiary Progress Sudan Ministry of Investment (MOI) - Four priority sectors were idenbfied. - Comprehensive capacity building programs were completed for the Ministry of Investment - Establishment of Entrepreneurship Development Center Tech. Partner UNIDO Uganda Uganda Investment Authority (UIA) - Sector idenbficabon and project profiles preparabon were completed. - Culminate project complebon with match making conference (22 24 Feb. 2012). - Capacity building of staff sbll ongoing. UNIDO Syria Syrian Investment Agency (SIA) - Comprehensive skill development of staff was completed. - Priority sectors were idenbfied and 100 project profiles were prepared. TOBB 9
Country beneficiary Progress Tech. Partner / Donor Sierra Leone Sierra Leone Investment & Export PromoBon Agency (SLIEPA) Project idenbfied and launched (BADEA - Donor) (ITAP ExecuBng Agency) Gambia Gambia Investment and Export PromoBon Agency (GIEPA) - Project idenbfied - To commence during 1433H (OFID - Expected Donor) (ITAP ExecuBng Agency) 10
Investment Climate/Policy Advice/Reverse Linkages/Capacity Building as part of MCPS Country Dept., IDB Investment Promotion and Match-making Conferences and Events Thiqah Information on Private Sector Investments Potential and Opportunities in MCs ICIEC (Ins. Operations) IDB/ICD (Project Fin. Operations) 11