Geneva, 14 September 2022 – Within the framework of the 26th WAIPA World Investment Conference 2022, themed “IPAs shaping the future of FDI”, the United Nations Industrial Development Organization (UNIDO) organized a Conference for Investment Promotion Agencies (IPAs) in the African, Caribbean and Pacific (ACP) region.
During the session, UNIDO officially launched the cloud-based digital Invest-in-ACP Platform which was developed within the framework of the “ACP Business-Friendly: Supporting value chains through inclusive policies, investment promotion and alliances” Programme, funded by the European Union and the OACPS.
“We believe that the Invest-in-ACP platform will bring a fundamental change in how ACP IPAs promote investment opportunities in their countries.” said Bernardo Calzadilla-Sarmiento, UNIDO Director Division of Fair Production, Sustainability Standards and Trade. “This initiative is not only important for the attraction of foreign direct investment but serves to enhance the impact of existing investors established in ACP countries.”
“The ‘Invest-in-ACP’ Platform has contributed to the opening of a new horizon which will allow us to reach potential investors who may be interested in investing in the Dominican Republic”, highlighted Lohengrin de Peña, Investment Executive, ProDominicana.
Mercy Chemoiwo, Project Analyst at the Kenya Investment Authority (KenInvest) confirmed that: “‘Invest-in-ACP’ gives a project promoter the confidence to provide the information needed with knowledge that only the necessary details will be available to prospective investors while giving them the opportunity to have a large reach”.
Investment opportunities are linked to the 2030 Sustainable Development Goals (SDGs) and have gender and/or youth markers, if applicable. The Platform is part of an extensive technical assistance programme that UNIDO is providing to investment promotion institutions in ACP countries.
The ‘Invest-in-ACP’ Platform supports investment mobilization efforts in the ACP regions. It provides valuable and dynamic information on investment project opportunities, ACP country and regional level institutional partners, value chains, sectoral details and information on industrial park sites and related authorities.
Visit the ‘Invest-in-ACP’ Platform here: www.invest-in-acp.org
Watch here impact stories of the “ACP Business-Friendly”(meso-level):
The recording of the conference can be viewed here:
For further information contact:
Stefan Kratzsch (S.Kratzsch@unido.org)
Industrial Development Officer,
Division of Fair Production, Sustainability Standards and Trade (IET/PST)