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

Broadly based improvements in the investment climate expand the pool of potential investors, increasing incentives of informal firms to become part of the formal economy.

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

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

Accordingly, getting the investment climate right for Africa has become synonymous with attracting more FDI.

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

More emphasis should be placed on investment and technology promotion in order to attract foreign direct investment through South South cooperation.

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

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.

Government investment in infrastructure, both alone and in partnership with private firms, will also directly benefit growth and attract larger inflows of foreign investment.

I. PROMOTION OF INWARD FOREIGN DIRECT INVESTMENT

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.

How effective are they in attracting FDI?

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

Countries should be aware of their own wealth and could, if they used their own resources correctly, attract increased FDI.

However, only a handful of developing countries were able to attract significant flows of foreign direct investment (FDI), while over 100 developing countries received less than 1 per cent of the world s FDI flows.

This enhancement of Asia's financial infrastructure will facilitate greater trade for the region and will attract greater investment.

Recognizing further the important role foreign investment should play in those countries, and stressing the need to create an enabling environment to attract more foreign direct investment,

I. Promotion of inward foreign direct investment 7 41

The country has sought to attract FDI for many years, establishing special economic zones for foreign investment.

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.

Most of foreign direct investments rely on activities undertaken by multinational corporations, but foreign investors have also been increasingly attracted to privatization projects in many developing countries.

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

TNCs were now being wooed for investment.

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.

The question of how to attract foreign direct investment to more developing countries remained a major challenge.

To attract such investment, a growing number of developing countries had become more aware of the importance of a favourable domestic environment and of the need to strengthen the collection and dissemination of information, for both foreign and local 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.

How much FDI, and what price, are key issues that should not be lost sight of in devising investment promotion measures.

2. Attracting private investment in infrastructure

Relatively small quantities of public resources could be used to attract private investment.

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

The Minister of Investment of Egypt set out the Government's objectives and policies with regard to attracting foreign direct investment.

Experts also observed that Africa attracts low levels of FDI in general and negligible R D related activities.

SKS raised more equity from investors such as Sequoia and Odyssey Capital, before going public on the Indian stock exchange in 2010, raising about 358 million at a valuation exceeding 1.6 billion. Impact investors support eventually led to flows of commercial capital both VC funding and IPO investors into Compartamos, SKS, and many other microfinance institutions.

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.

Moreover, several noted that it was difficult for many low income countries to attract FDI by market criteria alone.

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

The preponderance of small sized economies and the creation of economic space for investors and entrepreneurs remain an important challenge in attracting large flows of foreign direct investment (FDI).

Those problems complicated the region's economic situation still further and created additional difficulties in attracting investment and pursuing appropriate trade and development policies.

The speaker also stressed the importance of better management for developing more activities and attracting more donations.

The paper considers both inward and outward investment promotion.

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

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

The secretariat should analyse the experiences of selected LDCs and developing countries in Africa which have begun to attract increased flows of FDI, with a view to drawing conclusions which might be of assistance to the efforts of LDCs and other developing countries to attract such investments.