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WAIPA Annual Report 2009 1
WAIPA Annual Report 2009
Note
The WAIPA Annual Report 2009 was Carlos Bronzatto
produced by the WAIPA Permanent WAIPA Executive Director
Secretariat. E-mail: carlos.bronzatto@waipa.org
WAIPA would like to thank all those
involved in the preparation of this Tel: +41 22 797 26 65
report for their various contributions. Fax: +41 22 796 61 55
For further information on WAIPA, Zofia Witkowska
please contact the WAIPA Permanent WAIPA Membership Coordinator
Secretariat at the following address: E-mail: Zofia.Witkowska@waipa.org
WAIPA Permanent Secretariat Tel.: +41 22 797 26 63
International Environment House 2 Fax: +41 22 796 61 55
9, Chemin de Balexert
1219 Châtelaine – Geneva www.waipa.org
Switzerland
WAIPA Annual Report 2009 3
WAIPA Annual Report 2009
WAIPA President’s Foreword 007
Message from United Nations Conference on Trade and Development UNCTAD 011
Message from International Economic Development Council IEDC 015
Message from Organisation for Economic Co-operation and Development OECD 000
Message from Pro-invest 019
Message from World Bank - ICAS 023
Facts about WAIPA 027
WAIPA Activities 031
WAIPA World Investment Conference 2009 033
WAIPA Regional Events 035
WAIPA Training Events 035
Other Events 051
WAIPA Steering Committee 053
WAIPA Consultative Committee 055
WAIPA Audit Report 057
WAIPA Balance Sheet as of December 31, 2009 (US dollars) 059
WAIPA Statement of Income and Expenses 2009 (US dollars) 061
WAIPA Directory 063
WAIPA Statutes 099
WAIPA Annual Report 2009 5
WAIPA Annual Report 2009
Alessandro Dear WAIPA
Teixeira Members and colleagues,
President, World
Association of The world economy has “self-interest” of banking
Investment Promotion experienced major upheavals organizations to protect its
Agencies (WAIPA) and continues - almost weekly investing public, the belief on
President, Brazilian - to face new perils. Financial the “wisdom of markets” and
Trade and Investment markets nearly collapsed, others have all combined to
Promotion Agency governments decisively afflict severe losses to the real
(Apex-Brasil) intervened. Investment flows economy. Historical series and
were drastically reduced. econometric forecasting – as
An economic recovery has we have painfully learned –
since begun, but at different may no longer be comfortably
paces. Its sustainability - in the relied upon; mathematical
long term - remains subject modeling and ratings have
to doubt: high public debt of been proven ineffective, if not
mature economies now adds to biased.
a long list of matters requiring
attention. As finance ministers While true reform of the world’s
and central bank governors financial architecture may be
overhaul banking regulation, at years ahead, certain trends are
the country level, and tighten visible already. Older schools
oversight, on a multi-lateral of economic thinking stage a
level, inequitable governance come-back, as others fall out
structures remain. of favor. Going forward, the
state should play a stronger
In financial markets, once role in the economy. Geo-
prevailing free-market economics are also shifting.
concepts such as the As the balance of power tilts
WAIPA Annual Report 2009 7
WAIPA Annual Report 2009
towards the emerging world, world joining efforts with WAIPA and other
wealth begins to change hands. international organizations without
Larger portions of world trade and losing sight of their local partners …
investment stock find new ownership. Ever more proactive investment
Opportunities lie in the fact that new promotion is required. Tougher
growth patterns may actually warrant competition for investment projects
resources to aid poverty reduction, calls for collaborative initiatives with
a shared goal of all (developed and other branches of governments so
developing nations). And, as the world that more refined interaction and
now welcomes innovative thinking, more targeted campaigns result in an
collaborative efforts and fresh ideas - increased likelihood of “selling” your
sustainable development, responsible destination. We understand that it
investing and inclusive growth - all is incumbent upon IPAs to keep the
stand a good chance of materializing. dialogue channels open with key
But many challenges lie ahead … governmental offices and to promote
consultation with civil society on
From the perspective of WAIPA, legislative and regulatory changes
these challenging new times could needed to improve the business
only be met with a bold, innovative environment. Further, Member
and collaborative spirit. As the most IPAs must strive for transparency,
legitimate actor on the investment accountability, qualified human capital,
promotion world stage, it was clear stronger advocacy and relentless
that our task was to prepare WAIPA aftercare. Those are, unarguably, the
to achieve its full potential and start essential tools to retain and to serve
leading the way into the future. We existing investors as well as to attract
believe the hard initial steps have new ones.
been taken.
Our current administration of WAIPA
It is now our hope that our Member has proactively sought to improve the
IPAs also take bold steps, that IPAs quality of its activities for Members,
open up to innovative thinking, that has assumed a more critical outlook of
IPAs unite in a collaborative spirit, the tools available for IPAs with a view
We seek to bring governments to the
table to negotiate regulatory reforms
and discuss ways to make their
economies more attractive to FDI.
Alessandro Teixeira
From the perspective of WAIPA, these
challenging new times could only be
met with a bold attitude, innovative
thinking and collaborative spirit.
Alessandro Teixeira
to the skills effectively needed by officers our time and efforts towards making
as they are out - on the field - striving to FDI flow smoother streams and have
deliver effective strategies to promote strongly emphasized the imperative of
their destination and attract a new project. always seeking to obtain positive spill-
over from in-coming FDI.
The Apex-Brasil Presidency of WAIPA
has embraced cooperation and put a high Furthermore, the renewed critical role
value on collaborative efforts. Not only in played by WAIPA in identifying good
the context of South-South cooperation, practices, enhancing the quality work
but in more traditionally known channels by IPAs, building the capacity of human
of world cooperation, as in the so-called resources to deliver tailor cut promotion
North-South dialogue. actions - based on the countries’ needs
- has begun to substantially help our
We engage in inter-governmental IPAs’ Members to efficiently respond to
consultation and bring to the attention investors´ needs without losing sight of
of governments the importance of their countries’ needs.
supporting IPAs. We seek to bring
governments to the table to negotiate Since assuming the Presidency
regulatory reforms and discuss ways to of WAIPA late april 2008, we have
make their economies more attractive dedicated ourselves to restructuring
to FDI. We suggest the participation of the framework of WAIPA to achieve
international organizations in advising further growth. The institutional
governments to improve business strengthening of WAIPA has always
climates, as well as in advising IPAs on led our agressive agenda. To this end,
how to create local linkages to further we have not limited efforts to make the
spread the benefits of in-coming FDI. best of this distinguished organization,
We encourage the adjustment of the preparing it for the future. WAIPA
investment needs of a destination events and actions have reached
with available investment sources. We unprecedented dynamism. The WAIPA
point to public-private partnerships as Annual Report 2009, which I am very
viable alternatives for funding projects. honored to present to you, illustrates
In short, we have steadily dedicated all of this.
WAIPA Annual Report 2009 9
WAIPA Annual Report 2009
Supachai
Panitchpakdi Dear WAIPA members,
Secretary-General of
UNCTAD The past year has been be released quarterly, to keep
challenging for many the investment community,
investment promotion agencies including IPAs, informed about
(IPAs). The impact of the the latest developments in FDI
financial and economic crisis flows and policy directions.
on foreign direct investment Technical cooperation activities
(FDI) is still being felt, and IPAs with IPAs have focused on
are experiencing increased re-strategizing investment
competition in attracting new promotion in light of changing
investment projects. There FDI determinants, shifting TNC
are, however, signs that the strategies and the increased
environment for international importance of emerging
investment is slowly improving. economies.
This is a good time for IPAs to
take stock of the situation and In this connection, UNCTAD
decide on their future direction. and WAIPA last year jointly
organized a number of events
UNCTAD has been closely for investment promotion
following the effects of the officials. During the May
global economic crisis, 2009 UNCTAD-WAIPA
making periodic assessments Investment Conference in
of global FDI flows and Geneva, the impact of the
investment policies. UNCTAD crisis on FDI and the work
also launched its Global of IPAs featured high on the
Investment Trends Monitor and agenda, and subsequent joint
Investment Policy Monitor, to regional training workshops
WAIPA Annual Report 2009 11
WAIPA Annual Report 2009
in Tanzania and Argentina also
addressed the response of IPAs to
the crisis. In addition, IPA study tours
were conducted in the Republic of
Korea and Australia to exchange best
practices in investment promotion.
The study tour with KOTRA in Seoul
focused on investor aftercare, while
the Austrade study tour in Brisbane
covered investment promotion
in tourism.
From 6 to 9 September 2010, UNCTAD
is organizing the second World
Investment Forum (WIF 2010) in
Xiamen, China, with the overarching
theme of “Investing in Sustainable
Development”. Post-crisis investment
promotion strategies and opportunities
in the promotion of green FDI will
feature prominently on the agenda.
There will also be the World Leaders I heartily encourage
Investment Summit; tripartite sessions
with chief strategists from global WAIPA members to
companies, senior government officials
and heads of IPAs; the International
join us in Xiamen and
Investment Agreements Conference; look forward to our
and the Sustainable Stock Exchanges
2010. The Forum, which will be
continued cooperation
held back-to-back with the China on strengthening the
International Fair for Investment and
Trade (8-11 September), will provide
link between FDI
an unusual platform for acquiring and development.
strategic insights into investments in
sustainable development. Supachai Panitchpakdi
I heartily encourage WAIPA members
to join us in Xiamen and look forward
to our continued cooperation on
strengthening the link between FDI
and development.
WAIPA Annual Report 2009 13
WAIPA Annual Report 2009
William
Best Dear WAIPA members,
Chair,
International IEDC is proud to serve on the horizon. Macroeconomic
Economic as a member of WAIPA’s indicators show signs that
Development Consultative Committee. the overall environment for
Council In the previous year, IEDC international investment is
Vice President, and WAIPA enjoyed new improving. These conditions
PNC Bank growth through collaborative will encourage companies
opportunities. In 2010, we to increase international
will continue to cooperate in investment in 2010, which in
many ways, with the common turn should lead to an increase
goal of enhancing mutual in FDI. Our organizations must
attendance of events, promote work collaboratively to create
knowledge sharing, and awareness and encourage
focusing on translating IEDC’s capacity building to help
body of expertise in economic prepare for these projected
development best practices to growth opportunities.
the wider WAIPA membership. It is also important to recognize
Global economic indicators that the economic recovery
accurately projected reduced is in its early stages and
volume of foreign direct much work is still to be done.
investment for 2009. In In an effort to hold back the
fact, FDI flows to developed domestic effects of the global
countries declined roughly downturn, many countries
39 percent compared to the turned to economic stimulus
previous year. While 2009 measures to keep job creation
presented tough economic in competitive industries on
conditions for all, good news is life support. Our organizations
WAIPA Annual Report 2009 15
WAIPA Annual Report 2009
must communicate with one another to Consultative Committee we are
better understand how these stimulus striving to share our expertise on local
measures are impacting the economy economic development and
on the micro and macro level. The best practices for marketing and
knowledge sharing opportunities business attraction at WAIPA events
provided by WAIPA/IEDC cooperation across the globe.
are a valuable foundation for staying In turn, IEDC’s membership gains
informed on the industry sectors, exposure to high level players in the
financial institutions, and public sector trade and investment fields from a
programs targeted by our respective growing cadre of competitive
approaches to domestic economic emerging economies.
stimulus. These are just a few of the Steps were taken this past year
ways that bilateral knowledge-sharing towards enhancing synergies to
will be beneficial to both organizations. build capacity among our respective
Through IEDC’s role on the membership bases. In October, then
IEDC Board Chairman Ian Bromley
participated in Milan at WAIPA’s largest
annual conference. Ian also was on
hand to represent the IEDC and at the
WAIPA stakeholders meeting. In return,
Alessandro Texiera addressed the
crowd at IEDC’s October 2009 Annual
Conference in Reno, NV.
The year ahead promises to hold
a new set of opportunities as our
organizations strive to find new ways
to collaborate and share our expertise
with one another. Together we will
continue to help usher in a global
economic recovery.
Kind regards,
Through IEDC’s
role on the
Consultative
Committee we are
striving to share
our expertise on
local economic
development and
best practices for
marketing and
business attraction
at WAIPA events
across the globe.
William Best
WAIPA Annual Report 2009 17
WAIPA Annual Report 2009
Babs O.
Adenaike Dear WAIPA members,
Programme Manager
We at Pro€Invest are happy joint promotion and investment
to be associated with the projects can be initiated and
numerous efforts of WAIPA. implemented by them, resulting
Our first contact with WAIPA in reinforced capacities of the
was in 2003 when Pro€Invest former.
organised a networking and
image building workshop for Pro€Invest is an EU-ACP
ACP IPAs in Africa, Caribbean partnership programme for
and Pacific (ACP) countries the promotion of investment
within the annual conference and technology flows in the
of WAIPA in Geneva. Other ACP countries undertaken by
conferences/workshops, the European Commission on
including the funding of the behalf of the ACP Group of
WAIPA Study Tour during 2004 States. It is financed under the
have since been realised. 8th European Development
Fund and managed by an
We pledge our commitment to autonomous unit within the
continue to work closely, and Centre for the Development
in collaboration with WAIPA of Enterprise under the
and the other members of the supervision of EUROPEAID,
Consultative Committee to the Cooperation Office of the
reinforce ACP IPAs under the European Commission. It was
umbrella of WAIPA. One of our launched in 2002 with a budget
long term objectives will be to of EUR 110 million over 7
promote partnerships between years and has been extended
ACP and EU IPAs such that to 31 March 2011.
WAIPA Annual Report 2009 19
WAIPA Annual Report 2009
The programme offers institutional
strengthening support to Intermediary 1. Building an interactive network
Organisations (IOs) and Regional between ACP and EU/international
Organisations through the following actors.
activities:
2. Provision of information and ICT-
Technical assistance related capacity building activities.
Offered for capacity building projects of
IOs in ICT and non-ICT areas to help Hence the IOs are able to:
them
- Bring together their partners
1. Attain better and wider visibility
with international and European actors
- Draft their strategic plans
- Develop action plans for their
projects, and
2. Exchange best practices
- Implement identified capacity
building interventions
3. Increase credibility with
international and European actors
There is a limit of € 200,000
Technical Assistance to Regional
per intervention.
Economic Groupings and international
Organisations Whose scope is to:
An e-Community Knowledge Centre
Whose scope aims at
1. Help to build capacities
2. Facilitate regional integration
programmes
We pledge our
commitment to
continue to work
closely, and in
collaboration with
WAIPA and the
other members of
the Consultative
Committee to reinforce
ACP IPAs under the
umbrella of WAIPA
Babs O. Adenaike
WAIPA Annual Report 2009 21
WAIPA Annual Report 2009
Pierre
Guislain Dear WAIPA members,
Director, Investment
Climate Department The FDI marketplace has demand for assistance for
World Bank Group changed significantly since investment climate reform,
the global financial crisis and and working in partnership
many countries are struggling with our fifteen donors and
to come to grips with this new other international agencies,
reality. The year 2008 saw the we have strengthened our
end of what had been a period delivery capacity in the
of rapid FDI growth worldwide, areas of Doing Business
with FDI flows declining by Reform Advisory, Secured
around 20%, and further Transactions, Business Tax
decline in 2009. Developed Simplification and Trade
and developing countries alike Logistics. In our investment
have shared in this decline. promotion work, we have
Although we are now seeing shifted our emphasis more
some signs of recovery, it may towards investor aftercare
take a while to return to pre- and the retention of existing
crisis FDI flows. jobs and towards generating
Many governments have investment in specific sectors
realized that now is the time to that reflect viable opportunities
improve their FDI environment for our clients, particularly
through sustained reform agribusiness.
of their investment climates We have also continued to
and enhanced information improve our efforts to measure
and service delivery to the impact of what we do.
potential investors. We have During fiscal year 2009, we
seen a significant rise in helped clients achieve nearly
WAIPA Annual Report 2009 23
WAIPA Annual Report 2009
The report, which examined the ability
of 181 countries to influence foreign
investors’ site-selection process, shows
that over 70 percent of government
investment-promotion intermediaries
may be missing out on investment and
job-creating opportunities by failing to
provide accurate and timely information
to potential investors.
Pierre Guislain
500 significant investment climate
results across all regions of the world,
some 55% of which were in low income
economies. In addition, through our
investment promotion and industry-
focused work, we have helped clients
to attract new investment and jobs.
In May 2009, we launched our flagship
report, Global Investment Promotion
Benchmarking (GIPB09). The second
in the series, GIPB09 shows how
effectively government agencies are
promoting their countries to foreign
investors. The report, which examined
the ability of 181 countries to influence
foreign investors’ site-selection
process, shows that over 70 percent
of government investment-promotion
intermediaries may be missing out
on investment and job-creating
opportunities by failing to provide
accurate and timely information to
potential investors. GIPB09 has
been extremely well received by key areas – sector openness to FDI,
governments and their institutions and starting a foreign business, access
has become a driver for improvements to land, and access to arbitration.
in information delivery by investment The report will provide measures of
promotion agencies. the characteristics of laws and the
Looking forward, an exciting efficiency of administrative processes
development for us in 2010 will for FDI in 87 countries. Future reports
be the release this summer of our will see the number of countries
first Investing Across Borders (IAB) covered grow. We hope that the IAB
Indicators report. The IAB will highlight will become an important source of
the differences among countries in global information for all countries on
their regulatory treatment of FDI in four important FDI policy issues.
WAIPA Annual Report 2009 25
WAIPA Annual Report 2009
The World Association of Investment with the opportunity to network and
Promotion Agencies (WAIPA) was exchange best practices in investment
established in 1995 and is registered attraction.
as a non-governmental organization Membership is open to all entities the
(NGO) in Geneva, Switzerland. primary function of which is “to promote
As of the 31st of December 2009, the any country, political sub-division of a
Association had 243 member agencies country or other uncontested territory,
from 158 countries. as a destination for, or source of,
Since its inception, WAIPA has investments “(Article III of the WAIPA
dedicated time and effort towards Statutes)”. Membership is open to
building the human resources capacity other organizations (whether of a
of its Member agencies. Training public or private nature) that share
events have been organized by similar objectives with WAIPA as set
WAIPA, alone or in coordination with out in Article II of the WAIPA Statutes.
partner organizations. Through its wide Regional institutions, companies and
range of activities, WAIPA provides professional associations may also
investment promotion agencies (IPAs) become Associated Members.
The objectives of WAIPA, as broadly reflected
in Article II of the Association’s Statutes are to:
1 2 3
Assist IPAs in Share country Strengthen
advising their and regional information
respective governments experiences in gathering systems,
on the formulation of attracting foreign promote the efficient use
appropriate investment investment and enhancing of information and facilitate
promotion policies and strategies; outward investments; access to data sources;
4 5
Facilitate access to Promote and
technical assistance develop understanding
and promote and cooperation
training of IPAs. amongst IPAs;
Partners of WAIPA:
WAIPA partners can be international (with local or international focus),
organizations, multilateral agencies or think tanks, consultancies and
other non-governmental organizations universities. Partnerships with WAIPA
WAIPA Annual Report 2009 27
WAIPA Annual Report 2009
are established based on mutual a) Members:
needs, in terms of WAIPA events,
• Tier I Countries (Countries with a
WAIPA training activities or WAIPA’s
GDP per capita of up to 2,500 USD):
technical assistance efforts. Technical
2,500 USD.
assistance and training initiatives of
• Tier II Countries (Countries with a
WAIPA are generally conducted in
GDP per capita ranging from 2,501
coordination with, or with the support
USD through 12,500 USD):
of, our partners.
3,000 USD.
• Tier III Countries (Countries with a
Generally, WAIPA seeks to coordinate
GDP per capita over 12,500 USD):
its efforts with the organizations that
3,500 USD.
are members of its Consultative
Committee, which are:
b) Associated Members:
- Investment Climate Advisory 3,500 USD.
Services (ICAS) of the World Bank
Group; Members benefit from different types
of activities and services, such as
- Internation Economic Development networking through meetings, seminars
Council (IEDC); and conferences; training, capacity-
- Organization for Economic building and best practices exchange
Co-Operation and Development workshops and study tours; and also
(OECD); publication of regular periodicals and
special reports.
- ProInvest;
- United Nations Conference on Publications
Trade and Development (UNCTAD);
and WAIPA Members regularly receive the
following:
- United Nations Industrial
Development Organization (UNIDO). - The On-Line WAIPA NewsFlash (a
bi-monthly e-mail distribution);
How do WAIPA - The WAIPA Annual Report of
members benefit? Activities;
- WAIPA WIC Facts and Figures;
Membership in WAIPA involves the
payment of an annual fee. Fees are as
- WAIPA News Alert (Off-and-
follows:
On E-Mail Delivery of News,
Announcements, Surveys etc.)
Where do WAIPA
members come from?
Afghanistan, Albania, Algeria, Angola, Libya, Lithuania, Macao, Macedonia,
Anguilla, Antigua and Barbuda, Madagascar, Malawi, Malaysia,
Argentina, Armenia, Aruba, Australia, Maldives, Mali, Malta, Mauritania,
Austria, Azerbaijan, Bahrain, Mauritius, Mexico, Moldova (Republic
Bangladesh, Barbados, Belarus, of), Mongolia, Montenegro, Morocco,
Belgium, Belize, Benin, Bolivia, Namibia, Nepal, Netherlands, New
Bosnia-Herzegovina, Botswana, Zealand, Nicaragua, Niger, Nigeria,
Brazil, Bulgaria, Cameroon, Canada, Oman, Pakistan, Palestinian National
Cape Verde, Cayman Islands, Authority, Papua New Guinea,
Chile, China (The People Republic Paraguay, Peru, Poland, Portugal,
of), Colombia, Congo (Democratic Qatar (State of), Romania, Russian
Republic or the), Costa Rica, Cote Federation, Rwanda, Saint Kitts and
d’Ivoire, Croatia, Cuba, Curacao Nevis, Saint Lucia, Saint Vincent and
(Netherlands Antilles), Cyprus, Czech the Grenadines, Samoa, Saudi Arabia,
Republic, Denmark, Djibouti, Dominica, Senegal, Serbia, Seychelles, Sierra
Dominican Republic, Ecuador, Egypt, Leone, Slovakia, Slovenia, Solomon
El Salvador, Estonia, Ethiopia, Faroe Islands, South Africa, Spain, Sri Lanka,
Islands, Fiji, Finland, France, Gabon, Sudan, Suriname, Swaziland, Sweden,
Gambia, Georgia, Germany, Ghana, Tajikistan, Tanzania (United Republic
Greece, Grenada, Guatemala, Guinea, of), Thailand, Tonga,Tongo, Trinidad
Guyana, Haiti, Honduras, Hong Kong, and Tobago, Tunisia, Turkey, Turks
Hungary, Iceland, India, Indonesia, and Caicos Islands, Uganda, Ukraine,
Iran (Islamic Republic of), Iraq, United Arab Emirates, United Kingdom,
Ireland, Israel, Italy, Jamaica, Japan, United States of America, Uruguay,
Jordan, Kazakhstan, Kenya, Kiribati, Uzbekistan, Vanuatu, Venezuela,
Korea (Republic of), Kosovo, Kuwait, Vietnam, Yemen (Republic of), Zambia
Kyrgyzstan, Latvia, Lebanon, Lesotho, and Zimbabwe.
WAIPA Annual Report 2009 29
WAIPA Annual Report 2009
Global Investments:
Charting the Recovery Map
12 - 14 October 2009, Italy, Milan
At the Annual WAIPA The XIV Annual WAIPA World Patterns: Assets Uncovered,
General Assembly Investment Conference 2009 Strategic Alliances Unveiled,
Meeting held during on “Global Investments: Entry Barriers Removed”;
the World Investment Charting the Recovery Map”, “Re-Building the Financial
Conference in Milan, took place in Milan, Italy, at Landscape: Enhancing FDI
the new WAIPA Palazzo Mezza Note, and was Flows” and, finally, a panel that
Statutes was approved jointly organized by the WAIPA provided foresight into future
by an overwhelming Permanent Secretariat and FDI flows, that gave the WAIPA
majority of the WAIPA the hosts, PROMOS Milan, a World Investment Conference
member IPAs. Special Agency of the Milan its name, “Global Investments:
Chamber of Commerce. Charting the Recovery Map”.
The Conference brought During the three-day
together heads of state and conference, more than
other government officials, 300 participants, including
investment promotion about 160 representatives
agencies, chief executives from all around the globe,
from the corporate world, debated through a series
opinion-makers from of discussion sessions the
academia and journalists to changes implanted in the
discuss new approaches to world investment system by
investment assistance. The government reaction to the
event included the following economic crisis, but also by
panels: “High Tide of Public new players that have been
Stimulus, Fresh Streams gaining importance and
of FDI”; “Changing Wind traditional players with new
WAIPA Annual Report 2009 31
WAIPA Annual Report 2009
strategies and innovative approaches.
Senior policymakers, corporate
executives, investors and investment
promotion agencies had an excellent
opportunity to interact through a series
of discussion panels, networking and
social events.
Well-known global leaders and world-
class economists, such as Alessandro
Teixeira, President of WAIPA; Hans
Eichel, Former German Minister of WAIPA World Investment
Finance; Mohammed Abdul Aziz Conference 2009
Al Shihhi, Undersecretary of the
Ministry of Economy of the United
Arab Emirates; Nathalie Cely, Minister
of Production, Competitiveness
and Commercialization of Ecuador;
Jacques Attali, President of Planet
Finance, economist and writer; Josep
Borrell Fontelles, Former President
of the European Parliament; among
others, contributed to the extremely
high-level discussion of comprehensive
topics of the new economic landscape.
At the Annual WAIPA General
Assembly Meeting held during the
World Investment Conference in Milan,
the new WAIPA Statutes was approved
by an overwhelming majority of the
WAIPA member IPAs.
WAIPA Annual Report 2009 33
WAIPA Annual Report 2009
2nd WAIPA Regional Meeting
for South America
25-26 March, 2009, Medellin, Colombia
The 2nd WAIPA Regional Islands Investment Bureau.
Meeting of South American This 2nd WAIPA Regional
IPAs took place in Medellin, Meeting of South America was
Colombia, following the the ideal space to achieve a
successful results of the first promotion strategy for South
meeting held on August 28th, America as a foreign direct
2008. The WAIPA regional investment destination. The
event was organized in participants discussed the
Medellin, Colombia, on the contents and the format of the
occasion of the 50th General document Why South America,
Assembly of the Inter-American a joint effort of 10 South
Development Bank (IBD), by American IPAs.
Agencia de Cooperacion y The Medellin Municipality
Inversiones de Medellin y Area shared its experience in terms
Metropolitana (ACI) and under of image building and social
the responsibility of WAIPA policies that have helped
Regional Director for South put Medellin back into the
America, ProsperAr, presided investment map. ACI, as one
by Dr. Beatriz Nofal. WAIPA sub-national members
The event took place at the from Colombia, represents
convention facilities of the nowadays a valuable and
Medellin Botanical Gardens replicable model for its
and gathered 18 IPAs from Latin American sub-national
South America and one IPA peers. By sharing its
representative from the experience, ACI contributed
Caribbean, the Cayman to WAIPA’s objective of
WAIPA Annual Report 2009 35
WAIPA Annual Report 2009
“knowledge sharing” and “exchange
of best practices”. On the second day
of the event, Mr. Henry Loewendahl
of FDI Intelligence conducted a
specialized workshop on investment
promotion strategies. South American
IPAs had an excellent opportunity
to discuss a regional investment
promotion initiative. The event got
extensive coverage in the local
Colombian press.
2nd WAIPA Regional
Meeting for South America
WAIPA Annual Report 2009 37
WAIPA Annual Report 2009
WAIPA Regional
Workshop for Africa
1-3 April 2009, Dar es Salaam, Tanzania
“Promoting and Retaining Investment
in Times of Economic Crisis” was the
theme of the East African Regional
Workshop hosted by WAIPA Vice-
President Mr. Emmanuel Ole-Naiko,
Head of the Tanzanian Investment
Center (TIC) in Dar Es Salaam. The sub-national IPAs and Lesotho’s
event exceeded the expectations LNDC.
of the joint-organizers, the United A representative from SAGIA (Saudi
Nations Conference on Trade and Arabia) also participated. The event
Development (UNCTAD) and WAIPA. covered hands-on training by FDI
The event took place at the convention Intelligence and UNCTAD and
facilities of the Kunduchi Hotel, outside presentations from the Investment
of Dar Es Salaam, and counted on the Climate Facility for Africa the East
presence of a total of 18 IPAs among African Community (EAC) and the
which the East African agencies of WAIPA Secretariat.
Uganda, Rwanda, Kenya, Zanzibar The importance of this WAIPA East
and Tanzania, the host, the Central African event and the timeliness of
African’s Democratic Republic of the issues addressed in the trainings
Congo’s ANAPI, the West African and the speeches were highlighted
countries of Senegal, Sierra Leone by WAIPA Vice-President in the local
and Gambia were also present along press. There as extensive local media
with representatives from South African coverage in both Swahili and English.
WAIPA Regional Meeting for Central
America and the Caribbean
2nd Meeting of Trade and Investment
Promotion Agencies and of Latin America
and the Caribbean
23-24 April 2009, San Salvador, El Salvador
23-24 April 2009, San
Salvador, El Salvador
The first meeting of the Trade and for Trade and Investment - the Key
Investment Promotion Agencies of Elements of Competitiveness”.
Latin America and the Caribbean was The event brought together more than
held in Rio de Janeiro on December 35 delegations from IPAs and trade
14th – 16th, 2007, under the initiative promotion organizations of
of Apex-Brasil, Brazilian Exports and more than 18 countries of Latin
Investments Promotion Agency. This America and the Caribbean,
first meeting promoted a discussion promoting and interactive discussion
about the importance and the necessity on the impacts of the global financial
of inter-regional trade as a key element crisis on emerging economies and the
of economic growth in the region. role of infrastructure development in
In this context, El Salvador, through crisis mitigation and in fostering trade
CONADEI, the National Commission and investment.
for the Promotion of Exports and During the event, WAIPA convened
Investments, which brings together the a regional meeting that counted on
agencies EXPORTA El Salvador and participation of 16 Central American
PROESA, proposed to host a second and Caribbean IPAs. The discussion
meeting to discuss the issues related was mainly focused on regional
to the inter-regional trade, and in investment promotion policies and
particular, “Infrastructure and Services WAIPA regional integration activities.
WAIPA Annual Report 2009 39
WAIPA Annual Report 2009
Among IPAs present were Netherlands
WAIPA Regional Foreign Investment Agency, Invest
in Sweden Agency, PROMOS Milan,
Meeting for Cyprus Investment Agency, Investment
European Union and Development Agency of Latvia,
New Zealand Trade and Enterprise,
26 May 2009, Madrid, Spain Slovak Investment and Trade
Development Agency, PROMEXICO,
The Madrid Working Session, PromoMadrid and IDEA from Spain.
organized under the Directorship of
Invest in Spain, took place on May 26,
2009. WAIPA President Mr. Alessandro
Teixeira opened the session with a
WAIPA Regional
brief report of initiatives taken and in
the works by WAIPA.
Event for Eastern
The meeting was focused on European
IPAs. Invest in Spain presented its
Europe
23-24 November, 2009, Ljubljana,
initiative, a draft of a document entitled
Slovenia
Why Europe, which aims to create a
marketing piece for Europe as a whole
The Public Agency of the Republic
to serve as an investment guide for
of Slovenia for Entrepreneurship and
distribution.
Foreign Investments (JAPTI) hosted
Germany Trade and Invest presented
the WAIPA Regional Meeting for the
the initiative entitled European
Eastern European IPAs, the 1st WAIPA
Scoreboard, which was jointly
Focus Forum, under the theme: “Focus
conducted by Invest in France Agency
on Investment Incentives”.
and by Germany Trade & Invest. These
The meeting counted on the
two documents provoked an interesting
participation of the Ministry of Finance
discussion with regard to the data that
of the Republic of Slovenia, which,
should be included in such investment
along with JAPTI shared the host
promotional guides. As a result, a
country’s experience with respect
working group was created in order
to financial incentives in foreign
to proceed with the preparation of the
investment attraction.
Why Europe document.
The Investment Climate Advisory
WAIPA Secretariat introduced the
Services, of the WorldBank,
work done in connection with reform of
represented by Sebastien James
WAIPA’s Statutes.
shared their recent research work in
this area and analyzed their findings This third WAIPA Regional Meeting
in the presence of all attendants. of South American IPAs followed
Based on both his consulting work earlier meetings that took place in
and his academic background in the Buenos Aires, Argentina, and in
field, Mr. Henry Loewendahl, from FDI Medelin, Colombia, in 2008 and
Intelligence, shed some light on how 2009, respectively. The event was
corporations factor incentives into their hosted by the WAIPA Directorship for
decision making, analyzed different South America, held by the Agência
type of incentives, guiding us through Nacional de Desarollo de Inversiones,
the ins and outs of the negotiation Prosperar, presided over by Dr. Beatriz
an incentive scheme with investing Nofal.
corporations.
The UNCTAD-led 2nd Capacity
Professor Kenneth Thomas shared Building Workshop for the South
the views of the Global Subsidies American IPAs on “Investor Targeting
Initiative of the International Institute in the Services Sector” took place
for Sustainable Development and, during this WAIPA Regional Meeting,
questioned whether incentives may enhancing the capacity of IPAs at
be tailored in such a way as to attract the national and sub-national levels.
sustainable investments. Through this workshop, participants
This varied group of recognized experts gained a better understanding of how
provided the backdrop - against which investor targeting is conducted and
- attending IPAs were able to compare how these investments may benefit
their country experiences with the already established companies,
outcome of their research and their vast fostering economic development of
field experience. WAIPA earmarked specific locations through the creation
four time slots in the first day of the of valuable employment.
meeting for experience sharing by its The WAIPA South American Chapter
IPA members. invited speakers from both sides of
the FDI scene: IPAs and the investing
firms. The IPAs representatives
commented on their investor targeting
3rd WAIPA work and the services sector firm
addressed the factors that made a
Regional Meeting certain location attractive and highlight
the role played by the IPA in their
for South America decision making.
1-2 December, 2009, Buenos Aires,
Argentina
WAIPA Annual Report 2009 41
WAIPA Annual Report 2009
WAIPA Regional Meeting
for North America
2-3 December, 2009, Mexico City, Mexico
This first WAIPA Regional Meeting During the meeting, representatives
for North American IPAs ushered in from different promotion agencies
a series of other meetings in North discussed their role in economic
America. The meeting brought recovery as well as the various
together various sub-national strategies that will lead to constant
IPAs and economic development and specialized aftercare for
organizations, as well as national IPAs businesses that are already
from North America. established in various countries.
Training sessions and experience
ProMexico, as WAIPA Regional sharing were provided on the two
Director for North America, hosted complementary sides of FDI: the
the regional meeting. The General attraction of new flows and the
Director of ProMexico, Mr. Bruno attention to the established stockpiles.
Ferrari, chaired the event jointly with How to tailor a targeting campaign, on
WAIPA President, Dr. Alessandro one end, was presented by Katerina
Teixeira, who presented the current Sokolova, of OCO Consulting, whereas
FDI flows perspective and the role of Dr. Barbara Samuels, of the Clearing
emerging economies in establishing of House for Development Finance,
a new balance of economic power. tackled, on the opposite end, the after
The participants emphasized that we care measures needed to maintain
must strengthen promotion entities FDI stock already established.
and implement the knowledge gained ProNicaragua exposed its successful
through information exchange, in experience in a project with Inter-
order to get better results both locally American Development Bank in the
and globally. area of investment promotion policies.
WAIPA Regional Meeting
for North America
WAIPA Annual Report 2009 43
WAIPA Annual Report 2009
WAIPA Events at La Baule World
Investment Conference 2009
3-5 June, 2009, La Baule, France
Under the coordination of WAIPA, at the conference and at the joint 100
the investment promotion agencies m2 booth. The regional IPAs also
from the South-American countries promoted a workshop “South America
presented their first integrated action as a Key Destination for Foreign
for the attraction of investment to Investments”. The publication Why
South America during an international South America was launched during a
investment conference in France. thematic dinner devoted to South America.
The La Baule Conference is held once WAIPA also had its institutional
a year by the /Europe+ Foundation, booth at the La Baule Conference
under a partnership with the European and, for the first time, delivered its
Commission and this year’s theme “WAIPA Personality Award”, for the
was “Investing in Global Cities: contribution to the development of the
Opportunities in Adversity”. Brazil, global investment framework, to the
Argentina, Uruguay, Paraguay, Chile, Minister of the Economy of France,
Colombia and Ecuador were present Christine Lagarde.
WAIPA Annual Report 2009 45
WAIPA Annual Report 2009
WAIPA Events at the 13th China International
Fair on Investment & Trade (CIFIT)
8-19 September 2009, Xiamen, China
Following the successful experience Argentina, Brazil, Peru, Colombia,
at La Baule Conference, WAIPA and Ecuador and Uruguay joined
its South American member IPAs hands in the South America
undertook a second joint action aimed Pavilion. During the four days of
at disseminating South America as the event, nearly 200 potential
a destination for foreign investment investors visited the South America
under the slogan “Why South booth, and more than a 100
America”, at 13th edition of CIFIT. companies had one-on-one in-
depth discussion, focusing on the
As the only regional investment areas of agribusiness, biofuels,
partnership in CIFIT 2009, mining, energy, etc. The South
American IPAs also participated in the theme “High Tide of Public
a joint seminar presenting different Stimulus, Fresh Streams of FDI”,
investment opportunities existing in on September 9th. Government
their countries. officials, scholars, businessmen
and Chinese and overseas
WAIPA and CIPA, an investment investment promotion agencies
promotion agency of the Ministry participated in an interesting
of Commerce of China (MOFCOM) discussion on the role of the public
jointly organized the International finance in the new economy and
Investment Promotion Agencies on the balance between public and
Roundtable Conference on private investment.
WAIPA Annual Report 2009 47
WAIPA Annual Report 2009
2009 WAIPA/UNCTAD
Study Tour
30 March – 3 April, Seoul, South Korea
The 2009 WAIPA/UNCTAD Study through different lectures and open
Tour hosted by KOTRA was an discussions about the role and
extraordinary opportunity for IPAs function of KOTRA and Invest Korea
of nine countries (Afghanistan, and the introduction of the Foreign
Dominican Republic, Maldives, Investment System at KOTRA. The
Mongolia, Nepal, Solomon Islands, nine professionals from IPAs have
Egypt, New Zealand and Pakistan) also experienced different visits to
to learn from experience of the Incheon Free Economic Zone and
South Korean agency. Foreign-Invested Companies in
Korea as well as local Government
The objectives of the Study Tour Agency (Ulsan City) and Industrial
were to exchange best practices Site Tour (Hyundai Heavy Industries
and experiences in investment and Hyundai Motors).
promotion and to study the whole In the Study Tour Evaluation
range of activities considered Questionnaire, the training was
crucial in the fast moving business considered as an exceptional
of investment promotion. learning experience for all the
participants. The event was also
Those objectives were fully met covered in the local Korean press.
WAIPA Annual Report 2009 49
WAIPA Annual Report 2009
2009 iPAD
Conferences in Africa
24 - 26 March 2009,
Luanda, Angola
11 - 13 August 2009,
Dar es Salaam, Tanzania
6 - 8 October 2009,
Kinshasa, DRC
17 - 19 November 2009,
Accra, Ghana.
Power
Indaba 2009
19 - 21 May 2009,
Cape Town, South Africa
2009 Macao
International
Environmental
Co-operation Forum
and Exhibition:
2009 MIECF
2 - 4 April 2009, Macao
WAIPA Annual Report 2009 51
WAIPA Annual Report 2009
CENTRAL AMERICA AND THE
Presidency CARIBBEAN
Mr. Mariano Olazabal, PROESA, El
Mr. Alessandro Teixeira, Salvador
ApexBrasil, Brasil
NORTH AMERICA
Vice-presidency Mr. Bruno Ferrari Garcia de Alba,
Promexico, Mexico
Mr. Emmanuel D. Ole-Naiko,
Tanzania Investment ASIA
Centre, Tanzania Dr. Mr. Noorullah Delawari, Afghan
Investment
Vice-presidency Support Agency, Afghanistan
Mrs. Aparna Dutt Sharma, EAST AND SOUTH ASIA
India Brand Equity Ms. Xiuhong Ma, Ministry of
Foundation, India Commerce, The People
Republic of China
Regional OCEANIA
Directorships Mr. Richard Laverty, New Zealand
Trade and Enterprise, New Zealand
AFRICA
Mrs. Marthe-Angeline Minja,
Investment Code Other Steering
Management Unit, Cameroon
Committee Members
MENA Mr. Floyd Leeuw, Acting CEO,
Mr. Mohammed Ahmed Hussein Invest North West, South Africa
Yahya, General Investment Authority,
Republic of Yemen
Mr. Igor Plestenjak, Acting Director,
EU Public Agency of the Republic of
Mr. Javier Sanz, Invest in Spain, Spain Slovenia for entrepreneurship and
Foreign Investments, Republic of
EASTERN EUROPE Slovenia
Mr. Mr. Csaba Kilián ITD Hungary,
Hungary EX-OFICIO MEMBER
Mr. Kai Hammerich, President,
SOUTH AMERICA KA Foreign
Dr. Beatriz Nofal, PROSPERAR, Investment Corporation AB,
Argentina Sweden
WAIPA Annual Report 2009 53
WAIPA Annual Report 2009
INVESTMENT CLIMATE ADVISORY SERVICES
(ICAS) OF THE WORLD BANK GROUP;
Mr. Pierre Guislain - General Manager
Tel.: (1-202) 473 3800 / Fax: (1-202) 974 4384
IEDC - INTERNATIONAL ECONOMIC
DEVELOPMENT COUNCIL
Mr. William Best - Chair, IEDC
Tel.: (704) 347 8942 / Fax: (704) 347 8981
OECD - ORGANISATION FOR ECONOMIC
CO-OPERATION AND DEVELOPMENT
Mr. Angel Gurria - Secretary-General
Tel.: (33-1) 4524 8200 / Fax: (33-1) 4430 8500
PRO€INVEST
Mr. Babs O. Adenaike - Programme Manager
Tel.: (32-2) 679 18 50 / Fax: (32-2) 679 18 70
UNCTAD - UNITED NATIONS CONFERENCE
ON TRADE AND DEVELOPMENT
Mr. Supachai Panitchpakdi - Secretary-General
Tel.: (41-22) 917 5809 / Fax: (41-22) 917 0051
UNIDO - UNITED NATIONS INDUSTRIAL
DEVELOPMENT ORGANIZATION
Mr. Kandeh Yumkella - Director-General
Tel.: (43-1) 26026 -0 / Fax: (43-1) 26026 6929
WAIPA Annual Report 2009 55
WAIPA Annual Report 2009
WAIPA Annual Report 2009 57
WAIPA Annual Report 2009
31.12.2009 31.12.2008
____________ ____________
USD USD
Assets
Cash at banks 201’898 106’260
Investments in money market funds 278’266 272’606
Accounts receivable 56’863 -
Prepaid expenses 18’914 17’965
____________ ____________
555’941 396’831
Fixed Assets
Office equipment 290 1’590
Office furniture 667 1’667
____________ ____________
957 3 ‘257
Total Assets 5 56’898
____________
4 00’088
____________
Liabilities and Reserves
Current Liabilities
Accrued liabilities 134’956 33’436
____________ ____________
1 34’956 3 3’436
Reserves
Accumulated reserves 421’942 366’652
____________ ____________
421’942 366’652
Total Liabilities 556’898 400’088
And Reserves ____________ ____________
WAIPA Annual Report 2009 59
WAIPA Annual Report 2009
2009 2008
____________ ____________
USD USD
Revenues
Subscription fees 402’517 261’879
Donation 675’000 2’448
Financial revenues 6’684 14’965
Exchange gain 1’565 4’460
Other income 2’380 -
____________ ____________
1’088’146 283’752
Expenses
Staff salaries and related costs 521’805 232’070
Public relation and event planning fees 259’119 32’120
Staff travel 45’117 22’479
Bank charges and exchange loss 2’044 1’448
Annual Conference 25’362 1’566
Regional Conference 16’091 -
Regional meetings 25’130 -
Workshops 1’828 4’022
Certification costs 5’654 -
Website 4’115 2’135
Steering committee expenses - 2’395
Rental expenses 32’589 18’190
Office expenses 25’136 16’915
Interest expenses - 242
Exchange loss 15’402 -
VAT non recoverable 22’115 -
Depreciation 2’300 2’359
Other expenses 29’049 8’462
____________ ____________
1’032’856 344’403
Surplus/(loss) 55’290 -60’651
for the year ____________ ____________
WAIPA Annual Report 2009 61
WAIPA Annual Report 2009
Tel: (244) 222 39 14 34 / 222 33 12 52
Afghanistan Fax: (244) 222 33 16 28 / 222 39 33 81
info@investinangola.com
Afghan Investment Support Agency
www.investinangola.com
(AISA)
Opposite to Ministry of Foreign Affairs,
Kabul Anguilla
Tel: (93-20)210 34 04
Ministry of Finance
Fax: (93-20) 210 34 02
P.O. Box 60 Secretariat Second Floor
info@aisa.org.af
West The Valley Anguilla
invest@aisa.org.af
Tel: (1-264) 497 25 47
www.aisa.org.af
Fax: (1-264) 497 37 61
www.gov.ai
Albania
Business and Investment Agency Antigua and
(Albinvest)
Blv.”Gjergj Fishta”, Pallatet Shallvare,
Barbuda
Tirana Tel: (355-4) 2252 886 Antigua & Barbuda Investment
Fax: (355-4) 2222 341 Authority
info@albinvest.gov.al Sagicor Financial Center No 9, Factory
www.albinvest.gov.al Road, PO Box 80, St. Jonh’s, Antigua
W.i
Algeria Tel: (1-268) 481 1000/1/2/3
Fax: (1-268) 481 1020
Agence Nationale de enquiries@antigua-barbuda.com
Développement de Investissement www.investantiguabarbuda.org
(ANDI)
27, rue Merbouche Mohamed, Hussein Argentina
Dey, B.P. 414 Alger
Tel: (213 21) 77 33 30/31 Secretariat of Promotion of
Fax: (213 21) 77 32 57 Investments, Exports and
information@andi.dz International Cooperation of
www.andi.dz Province of Buenos Aires
Undersecretariat of International
Angola Economic Relationships
430 Bartolomé Mitre St. - 3rd floor
National Agency of Private Buenos Aires 1036AAH
Investment (ANIP) Tel: +54 (11) 4342 9040 / 0980
Rua Cerqueira Lukoki, Nº25, Edificio Fax: +54 (11) 4342 4156
do Ministério da Indústria, 9º andar, info@invertir.gov.ar
Luanda www.invertir.ar
WAIPA Annual Report 2009 63
WAIPA Annual Report 2009
Investors Assistance Center,
Economic Development Ministry, Australia
Buenos Aires City Government
Invest Victoria
Roque Sáenz Peña 832 - Piso 4 °
Department of Innovation Industry and
C1035AAQ
Regional Development, Level 36,
Ciudad Autónoma de Buenos Aires,
121 Exhibition Street
Buenos Aires, Argentina
Melbourne Victoria 3000
Tel:00 54 11 4131 59 00
Tel : +61 3 9651 8100
Tel.:00 54 11 4323 9802/03
Fax: +49 69 66807466 /
invertir@buenosaires.gob.ar
+ 61 3 9651 9531
http://invertir.buenosaires.gob.ar
info@invest.vic.gov.au
frankfurt@invest.vic.gov.au
ProsperAr, National Investment
www.investvictoria.com
Promotion Agency
Florida 375, 8th Floor, Suite 8B
Australian Trade Commission
(C1005AAG), Buenos Aires
(Austrade)
Tel: +(54 11) 4328-9510,
Level 23, AON Tower, 201 Kent Street,
info@prosperar.gov.ar
Sydney NSW 2000, Australia
www.prosperar.gov.ar
Tel: + 93 90 21 10
Armenia Australian Trade Commission
Australian Consulate Main Tower, 28th
Armenian Development Agency
Floor, Neue Mainzer Strasse 52-58
17 Charents str. Yerevan, 0025
60311 Frankfurt am Main, Germany
Tel: (374-10) 57 01 70
Fax: +49 69 9055 8201
Fax: (374 10) 54-22-72
Fax: +49 69 9055 8209
info@ada.am
info@austrade.gov.au
www.ada.am
www.austrade.gov.au
Aruba Austria
Department of Economic Affairs,
Austrian Business Agency (ABA)
Commerce and Industry (DEACI)
Opernring 3, A-1010 Wien
L.G. Smith Boulevard 160
Tel: 43-1-588 58-0
Tel: 297 582 1181
Fax: 43-1-586 86-59
Fax: 297 583 4494
office@aba.gv.at
deaci@setarnet.aw
www.investinaustria.at
www.arubaeconomicaffairs.aw
Fax: +(246) 426-7802
Azerbaijan bidc@bidc.org
www.bidc.com
Azerbaijan Export and Investment
Promotion (AZPROMO)
Caribbean Association of Investment
11, Hasan Abdullayev Street,
Promotion Agencies (CAIPA)
Baku AZ1001
Mutual Building, Hastings Main Road,
Tel: +99412 598 01 47 / 48
Christ Church, P.O. Box 34B
Fax:+99412 598 01 52
BB15154, Barbados W.I
office@azpromo.org
Tel: (246) 436 0578
www.azpromo.az
Fax: (246) 436 9999
info@carib-export.com
Bahrain wwww.carib-export.com
Bahrain Economic
Invest Barbados
Development Board
Trident Insurance Financial Centre
7th, 8th, 12th, 13th floor Seef Tower
Hasting, Christ Church
P.O. Box 11299, Manama
Barbados, BB15156
Tel: +973 17 58 99 99
Tel:246-626-2000
Fax:+973 1758 99 00
Fax:246-626-2099
invest@bahrainedb.com
contact@investbarbados.org
www.bahrainedb.com
www.investbarbados.org
Bangladesh Belarus
National Investment Agency
Board of Investment (BOI) 1 Slavinskogo str., office 46, Minsk,
Prime Minister’s Office 220086, Republic of Belarus
Jiban Bima Tower (19th Floor) Tel/fax +375 172 67 91 84
10 Dilkusha C/A, Dhaka 1000 mission.belarus@ties.itu.int
Tel: +880 2 955 9378 agency@invest.belarus.by
Tel: +880 2 716 95 80 www.invest.belarus.by
Fax: +880 2 956 2312
service@boi.gov.bd
www.boi.gov.bd Belgium
Wallonia Foreign Trade and
Barbados Investment Agency (Belgium)
Namur Business Park Avenue des
Barbados Investment and dessus de Lives,
Development Corporation (BIDC) 6 5101 NAMUR-LOYERS
P.O. Box 1250, Pelican House Tel: +32 8 33 28 50
Princess Alice Highway, Bridgetown Fax: +32 8 33 28 69
Tel: +(246) 427-5350 www.investinwallonia.be
WAIPA Annual Report 2009 65
WAIPA Annual Report 2009
Belize Botswana
Belize Trade and Investment Botswana Export Development and
Development Services (BELTRAIDE) Investment Authority (BEDIA)
14 Orchid Garden St, Belmopan City, Plot 28 Matsitama Road,
Cayo District P.O. Box 3122, Gaborone
Tel: 501 822 37 37 Tel: +267 318 1931
Fax: 501 822 05 95 Fax: +267 318 1941
beltraide@belizeinvest.org.bz bedia@bedia.bw
www.belizeinvest.org.bz www.bedia.co.bw
Benin Brazil
Agência de Promoção de
Centre de Promotion des
Exportações e Investimentos
Investissements
(Apex-Brasil)
BP 2022 Cotonou
SBN Quadra 2 Lote 11,
Tel: 00 229 21 303 062 3642
Ed. ApexBrasil. CEP 70.040-020,
Fax: 00 229 21 303 057
Brasília - Distrito Federal
info@cpibenin.com
Tel: +(55 61) 426 02 02
www.cpi-benin.org
Fax: +55 61) 3426 0257
apex@apexbrasil.com.br
Bolivia www.apexbrasil.com.br
Promueve Bolivia
Banco do Nordeste
Edif. Viceministerio de Comercio y
Centro Administrativo Presidente
Exportaciones, Av. Camacho Esq.
Getúlio Vargas
Bueno # 1448, Piso 2
Av. Pecho Ramalho 5700 Bloco C1
Tel.: 00591 2 233 6886 / 8084
(Superior) 60732-902
Fortaleza - Ceará
Bosnia-Herzegovina Tel: +55 85 3299 -3093 / 3091
Fax: +55 85 3299-3565
Foreign Investment Promotion
atracaoinvest@bnb.gov.br
Agency of Bosnia-Herzegovina
www.bnb.gov.br
(FIPA) Branilaca Sarajeva 21/III
71000 Sarajevo Companhia de Desenvolvimento
Tel: (387) 33 278 080 Industrial do Estado do Rio de
Fax: (387) 33 27 80 81 Janeiro (CODIN)
fipa@fipa.gov.ba Rua da Ajuda, 5 - 20º Andar-Centro
www.fipa.gov.ba 20040-000 Rio de Janeiro
Tel: (55-21) 2333 0495
Fax: (55-21) 2333 0487
www.codin.rj.gov.br
AD Diper Pernambuco Economic
Development Agency
Bulgary
Av. Conselheiro Rosa e Silva nº 347 – InvestBulgaria Agency
Graças - Recife - Pernambuco Brasil 31 Aksakov Street,
CEP 52020-220 1000 Sofia
Telefone: +55 81 3181-7300 Tel: (+359 2) 985-5500
Fax: +55 81 3181-7352 Fax: (+359 2) 980-1320
addiper@addiper.pe.gov.br iba@investbg.government.bg
www.addiper.pe.gov.br www.investbg.government.bg
Investment and Competitiveness
Promotion Agency of Cameroon
the State of São Paolo Investment Code Management Unit
Investe São Paolo (Cellule de Gestion du Code des
Rua Bela Cintra, 847, 6th Floor - Investissements)
Consolação 3rd floor ex-ONCPB Building, Bonanjo
01415-903 São Paulo Douala P.O. Box 15304 Douala
Tel.: +55 11 3218 6060 Tel: 237 33 42 59 46
Fax: +55 11 3218 5685 Fax: 237 33 43 30 08
www.investe.sp.gov.br cgci2000@yahoo.com
Instituto de Desenvolvimento
Integrado de Minas Gerais Canada
Ciudade Administrative de Minas Invest in Canada
Gerais, Av.Prefeito Americo Gianetti Government of Canada
S/N, 2º Andar Ed. Minas, Foreign Affairs and International Trade
31630-900 - Belo Horizonte Canada
Tel: 55 31 3207 20 80 111 Sussex Drive, S3-025
Fax: (31) 3207-2085 Ottawa, Ontario K1A 1J1
lery.eduardo@indi.mg.gov.br Tel: (1-613) 944 31 57
www.indi.mg.gov.br Fax: (1-613) 944 31 78
investincanada@international.gc.ca
Superintendencia de Zona Franca www.investincanada.gc.ca
de Manaus - SUFRAMA www.investiraucanada.gc.ca
Av. Ministro Mario Andreazza,
1424 Distrito Industrial
CEP. 69075-830 Manaus Amazonas
Tel: (55-92) 3321 72 53/7272
Fax: (55-92) 3237 3769
cogex@suframa.gov.br
www.suframa.gov.br
WAIPA Annual Report 2009 67
WAIPA Annual Report 2009
Trade Centre, 4th Floor, Macao
Cape Verde Tel: (853) 87989 227
Fax: (853) 28 710304
Agencia Caoverdeana de Promoçao
ipim@ipim.gov.mo
de Investimentos (CI)
www.ipim.gov.mo
Rotunda da Cruz do Papa, nº5
CP nº89-C/ASA Praia
Cabo Verde
China
Tel: 00 238 260 41 14 /10711 (People Republic of)
fax 002382622657
Investment Promotion Agency (CIPA)
ci@cvinvest.cv
Ministry of Commerce (MOFCOM)
www.worldtourismdirectory.com
No.82 Donganmen Street Beijing
China (100747)
Cayman Islands Tel: +86 10 85 22 65 09
Fax: +86 10 85 22 65 58
Cayman Islands Investment Bureau
service@fdi.gov.cn
Cayman Corporate Centre, Hospital
www.fdi.gov.cn
Rd. 1st Floor - Georgetown
PO Box 10087 PO
KY1-1001 Grand Cayman
Colombia
Cayman Islands PROBARRANQUILLA
Tel: (345) 945-0943 Calle 77B / 57 - 141 Office 305
Fax: (345) 945-0941 Centro Empresarial de Las Americas
info@investcayman.gov.ky Barranquilla
www.investcayman.ky Tel:(+57 5) 3561435
Fax: (+57 5) 3565551
China info@probarranquuilla.org
www.probarranquilla.org
Fuzhou Hollytech Informatics Co.,
ProExport
LTD (Helosina)
Calle 28 No. 13A -15 - Piso 35 Bogotá
RM 712, 7th Floor, Foreign Trade
Tel: 571-5600100 / 571-3275450
Building, Wusi Road, Fuzhou, Fujian,
info@proexport.com.co
35001 China
www.proexport.com.co
Tel: 00 86 591 28 36 50 25
Fax: 00 86 59128365027 Agencia para el Desarrollo de
www.helosina.com Antioquia (ADRA)
Calle 42B No 52-106, Officina
ChinaMacao 010, Gobernacion de Antioquia,
Medellin
Macao Trade and Investment Tel.:+57 4 261 4409
Promotion Institute marketinginversion@adra.org.co
No. 918 Avenida da Amizade, World www.adra.org.co
A.C.I. Agency for Cooperation and invest@cinde.org
Investment of Medellin and the www.cinde.org
Metropolitan Area
Calle 41 No. 55 – 80 Plaza Mayor
Oficina 303, Medellín
Côte d’Ivoire
Tel: (574) 3811000 Centre de Promotion des
Fax: (574) 3813148 Investissements en Côte d’Ivoire
www.acimedellin.org (CEPICI)
IMM. CCIA 5e Etage
Congo (Democratic BP 152 ABIDJAN 01
Tel.: 00 225 22 44 45 35
Republic of the) Fax 00 225 22 44 28 22
www.cepici.ci
Agence Nationale pour la Promotion
des Investissements (ANAPI)
54, Avenue Colonel EBEYA, 2è niveau Croatia
de l’Immeuble de la Reconstruction
(ex Sozabanque ) Kinshasha/Gombé Trade and Investment Promotion
Tel: (243) 812 48 9556 Agency
Fax: (243-81)880 162 54 Andrije Hebranga 34, 10000 Zagreb
anapirdc@anapi.org Tel: +385 1 4866 000
http://www.anapi.org Fax: + 385 1 4866 008
www.apiu.hr
La Congolaise d’études, de
prospections et des sondages Cuba
socio-économiques
CEPSE (Associated Member) Ministerio del Comercio Exterior y la
Avenue de la Paix n° 21 Commune Inversion Estranjera - Direccion de
de la Gombe, Kinshasa Evaluacion y Gestion de Proyectos
Tel: 00243 998 124 281 de Inversion (MINCEX)
Fax:. 00243 999 307 280 Infanta no. 16 esq. a. 23, vedado,
www.cepsesprl.com La Habana, Cuba
Tel: (+537) 8380423
Fax: (+537) 8380516
Costa Rica despacho@mincex.cu
Costa Rican Investment & www.mincex.cu
Development Board (CINDE)
Plaza Roble Escazú, Edificio Los
Balcones 4to piso/ 500 Fifth Avenue,
Suite 960 New York, NY 10110
Tel: (506) 2201-2800
Fax: (506) 2201-2867
WAIPA Annual Report 2009 69
WAIPA Annual Report 2009
Tel: 45 33 32 00 00
Curacao Fax: 45 33 92 07 17
Netherlands Antilles ingrda@investindk.com
www.investindk.com
Curacao Industrial and International
Trade Development Company
(CURINDE)
Djibouti
Emancipatie Blvd 7 Djibouti Portsand Free Zones
Landhuis Koningsplein, Curaçao Authority (DPFZA)
Tel: (599-9) 737-6000 P.O. Box 197,
Fax: (599-9) 737-1336 Djibouti
info@curinde.com Tel: +253 35 90 70
www.curinde.com Fax: +253 35 90 59
zfd@intnet.dj
Cyprus Agence nationale pour la promotion
Cyprus Investment Promotion des investissements (ANPI) /
Agency (CIPA) National Investment Promotion
Severis Building, 9 Makariou III Avenue Agency
Lefkosia, P.O.Box 27032, Nicosia 1641 Rue de Marseilles BP :1884 Djibouti
Tel: (357) 22-441133 Tel: (253) 31 21 02
Fax: (357) 22-441134 Fax: (253) 35 88 37
info@cipa.org.cy anpi@intnet.dj
www.cipa.org.cy www.djiboutinvest.dj
Czech Republic Dominica
CzechInvest - Investment and Invest Domenica Authority
Business Promotion Agency 1st Floor Financial Centre,
Stepanska 15, 120 00 PRAHA 2 P.O. Box 293, Roseau
Tel: (420) 296 342 504 Tel: (1767) 448 2045
Fax: (420) 724 084 593 Fax: (1767) 448 5840
jiri.sochor@czechinvest.org investdominica@investdominica.dm
www.czechinvest.org www.investdominica.dm
Denmark Dominican Republic
Invest in Denmark Center for Export and Investment of
Ministry of Foreign Affairs of Denmark, the Dominican Republic (CEI-RD)
Asiatisk Plads 2, Av. 27 de Febrero esq.
1448 Copenhagen Av. Luperón, Santo Domingo,
República Dominicana
Tel. (+1809) 530-5505 El Salvador
Fax (+1809) 530-8208
Comision Nacional de Promocion
webmaster@cei-rd.gov.do
de Inversiones CONADEI-PROESA
www.cei-rd.gov.do
Blvd. Orden de Malta, Edificio D´Cora
1er Nivel Urbanozacion Santa Elena,
Ecuador Antiguo Cuscatlan, La Libertad
Tel: (503) 2210-2500
Corporación de Promoción de
Fax: +503 2210 2520
Exportaciones e Inversiones (CORPEI)
info@proesa.com.sv
www.proesa.com.sv
e2 Invest Ecuador
(practical purposes and for all
activities related to Investment Estonia
Promotion)
Estonian Investment and Trade Agency
Av. De las Américas # 406,
Liivalaia 13/15
Centro de convenciones Simón Bolivar PB
10118 Tallinn
Tel/Fax: +593-2-2548010
Tel: + 372 6 279 700
corpei@corpei.org.ec
Fax: + 372 6 279 701
www.corpei.org
invest@eas.ee
www.investinestonia.com
Egypt
General Authority for Investment & Ethiopia
Free Zones (GAFI)
3 Salah Salem Road, Fairgrounds, Ethiopian Investment Agency (EIA)
Nasr City Cairo 11562 P.O. Box 2313, Addis Ababa
Tel: 202 22633485 Tel: +251 11 553 94 74
Fax: 202 24055434 Fax: +251 11 552 43 96
investorcare@gafinet.org help@ethiomarket.com
www.gafinet.org www.ethiomarket.com
COMESA Regional Investment
Agency (Associated Member) Faroe Islands
3 Salah Salem Road, Fairground, Vinnumálarádid (Ministry of Trade
Nasr City, Cairo 11562 and Industry)
Tel: +202 24055452 Tinganes, Postboks 377 FO 110 Torshavn
Fax: +202 22633751 Tel: +298 30 66 00
investorservices@gafinet.org Fax: +298 30 66 65
investorcare@gafinet.org vmr@vmr.fo
www.gafinet.orgá www.vmr.fo
WAIPA Annual Report 2009 71
WAIPA Annual Report 2009
Fax : (+33) 4 66 04 74 50
Fiji contact@acsan-consulting.com
www.acsan-consulting.com
Fiji Islands Trade & Investment
Board (FITIB)
IBT Partners (Associated Member)
6th Floor, Civic Tower, Victoria Parade,
17 rue du Colisée, 75008 Paris
Suva PO Box 2303 Government
Tél : +33 (0)1 56 88 29 00
Buildings, Suva
Fax : +33 (0)1 56 88 29 01
Tel: +(679) 331 5988
contact@ibtpartners.com
Fax: +(679) 330 1783
www.ibtpartners.fr
info@ftib.org.fj
www.ftib.org.fj
French Polynesia
Finland Investment Promotion Authority
THAITI INVEST - THAITI FILM
Invest in Finland
OFFICE
Kaivokatu 8, 6th floor
Presidence de la Polynesie Francaise
FIN-00100 Helsinki
1er etage - Immeuble D - Quartier
Tel: 358 10 773 0300
Broche - PO BOX 504
Fax: 358 10 773 0301
98713 Papeete
info@investinfinland.fi
Tel: (+689) 54 32 54
www.investinfinland.fi
Fax: (+689) 54 32 55
invest@tahiti-invest.com
France www.tahiti-invest.com
Invest in France
77, boulevard Saint-Jacques Gabon
75014 Paris
Agence de Promotion des
Tel: (33) 1 40 74 73 95
Investissements Privés (APIP)
Fax: (33) 1 40 74 73 26
BP : 13.740 Libreville Gabon
info@investinfrance.org
Tél. : (241) 76.87.65
www.investinfrance.org
Fax : (241) 76.87.64
info@servitelnetworks.com
France www.invest-gabon.com
ACSAN Commmission Nationale de Mise en
European Investement Consulting Place de la Zone Franche de l’Île Mandji
( Associated Member ) BP : 12 202 Libreville
32 rue Mallet Stevens, Bât K Tel : (241) 72 69 15
30900 Nîmes zfmandji@inet.ga
Tel: (+33) 4 66 04 06 06 www.finances.gouv.ga
Gambia Greece
The Gambia Investment Promotion Invest in Greece Agency
and Free Zones Agency (GIPFZA) 3 Mitropoleos Street Athens 105 57
48 Kairaba Avenue, Serre Kunda, Tel :+30 210 335 5700
P.O. Box 757 - Banjul Fax: +30 210 335 5743
Tel: (+ 220) 437 73 77 www.investingreece.gov.gr
Fax: (+220) 437 73 79
info@gipfza.gm
www.gipfza.gm
Grenada
Grenada Industrial Development
Georgia Corporation (GIDC)
Frequente Industrial Park Frequente,
Georgian National Investment St George’s, Grenada
Agency Tel: 14734441035
Ministry of Economic invest@grenadaidc.com
Development of Georgia www.grenadaworld.com
12 Chanturia str. - 0108 Tbilisi Georgia
Fax/Tel: 995 32 433 433 Guatemala
info@investingeorgia.org
www.investingeorgia.org Invest in Guatemala
10 Calle 3-17 Z. 10 Edificio
Aseguradora General 4to. Nivel
Germany Guatemala, Guatemala Ciudad
Tel: (502) 2421 2484
Germany Trade & Invest
Fax: (502) 2421 2480
Friedrichstraße 60,10117 Berlin
bpo@investinguatemala.org
Tel: 49 30 200 099-101
www.investinguatemala.org
Fax: 49 30 200 099-501
Anne.Neumann@gtai.com
www.invest-in-germany.com Guinea
Office de Promotion des
Ghana Investissements Privés (OPIP)
Ministere de Commerce, d’Industrie et
Ghana Investment Promotion Centre
de PME or B.P. 2024 - Conakry
(GIPC)
République de Guinée
P.O.Box DTD 204,
Tél. : + 224 45 18 30
Cantoments, Accra
Fax : + 224 41 39 90
Tel: +233 21 521238
www.mirinet.com
Fax: +233-21-506 208
info@gipcghana.com
www.investinghana.org
WAIPA Annual Report 2009 73
WAIPA Annual Report 2009
Guyana Hong Kong, China
Guyana Office for Investment InvestHK
(GO-INVEST) The Government of the Hong Kong
190 Camp and Church Streets Special Administrative Region,
Georgetown 15/F, One Pacific Place, Queensway,
Tel: +592 225 0658 Hong Kong
Fax: +592 225 0655 Tel: (852) 3107 1000
goinvest@goinvest.gov.gy Fax: (852) 3107 9007
www.goinvest.gov.gy enq@InvestHK.gov.hk
www.investhk.gov.hk
Linden Economic Advancement
Programme
97/98 Republic Avenue, Mackenzie Linden,
Hungary
Tel: 592-444-4057 ITD Hungary Investment and Trade
Fax: 592-444-4057 ext 44 Development Agency
gloria.daniels@leapguyana.org Andrássy str. 12
www.leapguyana.org H-1061 Budapest
Tel: 36 1 472 81 72
Haiti Fax: 36-1-472-8171
www.itd.hu
Centre de Faciliatation des
Investissements (CFI)
8, Rue Legitime Champs de Mars
Iceland
P.O. Box 167 Port au Prince Invest in Iceland Agency
Tel: 00 509 3526 7159 Borgartuni 35, IS-105 Reykjavík
Fax: 00 509 2255 9687 Tel: 354 561 5200
www.cfihaiti.net Fax: 354 511 4040
info@invest.is
Honduras www.invest.is
Foundation for Investment and
Development of Exports (FIDE)
India
Colonia La Estancia Investment Promotion and
Final del Blvd. Morazán International Cooperation Cell
1 cuadra al sur de Plaza Marte Dept. Of Industrial Policy and
Tegucigalpa, MDC P.O. Box 2029 Promotion, Ministry of Commerce
Tegucigalpa and Industry
Tel: (504) 221-6303 Udyog Bhawan, New Delhi 110011
Fax: (504) 221-6316 Tel: 91 11-23061222
hondurascompite@fidehonduras.com Fax : 91 11-23062626
www.hondurasinfo.hn http://dipp.nic.in/
India Brand Equity Foundation
(c/o Confederation of Indian Industry) Ireland
Plot No: 249- F, Sector-18, Udyog,
Industrial Development Agency of
Vihar, Phase IV Gurgaon 122015
Ireland (IDA Ireland)
Haryana
Wilton Park House, Wilton Place,
Tel: + 91 124 401 4087
Dublin 2
Fax:+ 91 124 401 3864
Tel: +353 (0) 1 603 4000
ceo@ibej.org
Fax: +353 (0) 1 603 4040
www.ibef.org
idaireland@ida.ie
www.idaireland.com
Indonesia
Investment Coordinating Board Israel
Jl. Gatot Subroto No. 44
Investment Promotion Centre
Jakarta 12190 Tel: 62-21 529 21 305
Ministry of Industry, Trade & Labor
Fax: 62-21 520 20 45
5, Bank Israel St.
sysadm@bkpm.go.id
Jerusalem 91036
www.bkpm.go.id
Tel: 972-2-6662610/07
Fax: 972-2-6662938
Iran rachel.roei@moital.gov.il
(Islamic Republic of) www.investinisrael.gov.il
Organization for Investment,
Economic and Technical Assistance
Italy
of Iran (OIETAI) Business Location Südtirol -Alto
15 Kwordat Sq. Davar Ave. Tehran Adige (BLS)
Iran P.O. Box:11365/4618 Via Alto Adige 58 I-39100 Bolzano
Tel.: +9821 39903468 (Italy)
Fax: +9821 33967864 Tel: +39 0471 066600
info@investiniran.ir Fax: +39 0471 062852
www.investiniran.ir service@bls.info
www.bls.info
Iraq The National Agency for Inward
Iraq National Investment Investment Promotion and
Commission Enterprise Development
Baghad - iraq Via Calabria 46 - 00187 Roma
Tel: 00964 790 197 0107 Tel: (39-06) 421601/4210438
Info@investpromo.gov.iq Fax: (39-06) 42160537
www.investpromo.gov.iq info@invitalia.it
www.sviluppoitalia.it
WAIPA Annual Report 2009 75
WAIPA Annual Report 2009
Italian Institute for Foreign Trade
(ICE) Japan
ICE, Istituto nazionale Commercio
Estero Via Liszt, 21 - 00144 Rome Japan Bank for International
Tel: 0039 06 59921 Cooperation
Fax: 0039 06 59647382 (Associated Member)
cooperazione@ice.it 4th Floor River Plate House
www.ice.gov.it 7-11 Finsbury Circus London EC2M 7EX
Tel.: 0044 207 638 0175
PROMOS, Special Agency of the ir@jbic.go.jp
Milan Chamber of Commerce for www.jbic.go.jp
international activities
Via Camperio 1, 20123 Milan
Tel: +39028515.5214 or 5881
Jordan
Fax +39028515.5227 or 5864 Aqaba Special Economic Zone
infopromos@mi.camcom.it Authority
www.promositaly.com P.O.Box : 2565 Aqaba, 77110 Jordan
Tel : +962 3 209 1000
Jamaica Fax : +962 3 203 0912
info@aseza.jo
Jamaica Trade and Invest www.aqabazone.com
(JAMPRO)
18 Trafalgar Road Jordan Investment Board
Kingston 10 Jamaica W.I. P.O.Box: 893, Postal code: Amman
Tel: 1 876 978 7755 11821 Jordan
Fax: 1 876-946-0090 Tel: (962-6)5608400/9
info@jti.org.jm Fax: (962-6)5608416
www.jamaicatradeandinvest.org info@jib.com.jo
www.jordaninvestment.com
Japan Jordan Industrial Estates
Japan External Trade Organization Corporation (JIEC)
(JETRO) P.O Box 17 Abdullah II Industrial
Ark Mori Building, 7F, 12-32, Akasaka Estate, 11512 Amman-Sahab /Jordan
1-chome, Minato-ku - Tokyo, 107-6006 Tel: +962 6 4022101/2/3
Tel: 81-3-3582-5234 Fax: +962 6 4025215
Fax: 81-3-3505-1990 info@jiec.com.jo
shiro_akiyama@jetro.go.jp www.jiec.com
www.jetro.go.jp
Fax: (686) 26 233
Kazakhstan enquiry@mcic.gov.ki
www.mcic.gov.ki
Kazinvest
050004 Almaty
Gogolya street, 111, 3rd floor Korea
Tel.:+7 (727) 278 00 64, 278 07 63
Fax: +7(727) 278 07 79
(Republic of)
info@kazinvest.kz Korea Trade-Investment Promotion
Agency (KOTRA)
Kenya 300-9, Yomgok-dong, Seocho-gu Seoul
6th fl. Kotra Bldg. 300-9, Yomgok-dong,
Kenya Investment Authority Seocho-gu Seoul
3rd Floor, Block D, Kenya Railways Tel : 82-2-3460-7114
Headquarters, Workshops Road, Fax : 82-2-3460-7777~8
P.O. Box 55704- 00200 City Square, digitalkotra@kotra.or.kr
Nairobi http://english.kotra.or.kr/
Tel: (254) (20) 2221401
Fax: (254) (20) 22243862 Gyeonggi Provincial Government -
info@investmentkenya.com Investment Promotion Division
www.investmentkenya.com 63, Docheongapgil Paldal-gu
Suwon City,
Export Processing Zones Authority Gyeonggi Province 442-781
(EPZA) Tel: +82-31-249-2180
Administration Building,Viwanda Fax: +82-31-249-2189
Road Off Nairobi, Athi River Export mailer@gyeonggi.go.kr
Processing Zone, off Nairobi-Namanga gtrade@gg.go.kr
Highway, Athi River, Kenya www.gg.go.kr
P.O. Box 50563 Nairobi 00200
Tel +254-45- 26421-6 Busan-Jinhae Free Economic Zone
Fax +254-45-26427 Authority
info@epzakenya.com Noksansaneop 16 Gil 151
www.epzakenya.com (1709 2, Songjeong-dong)
Gangseo-gu, Busan 6918- 270 Korea
Kiribati Tel: + 82 51 979 5000
Fax: + 85 51 979 5299
Foreign Investment Promotion Webmaster@bjfez.net
Division http://eng.bjfez.net/
Ministry of Commerce, Industry &
Cooperatives P.O. Box 510
Betio, Tarawa
Tel: (686) 26 157/8
WAIPA Annual Report 2009 77
WAIPA Annual Report 2009
Kosovo (Republic of) Latvia
Investment Promotion Agency of Investment and Development
Kosovo (IPAK) Agency of Latvia (LIAA)
Ministry of Trade and Industry 2 Pērses Street, Riga, LV-1442
Rr. Muharrem Fejza”p.n Lagja e Spitalit Tel: +371 67039400
10000 Prishtinë Fax: +371 67039401
Tel: +381 38 200 36044 / 38 200 36541 liaa@liaa.gov.lv
Fax:+381 (0) 38 212 807 www.liaa.gov.lv
info@invest-ks.org
info@ipak-vienna.org
www.invest-ks.org
Lebanon
Investment Development Authority
Kuwait of Lebanon (IDAL)
Azarieh Tower 4th Floor, Emir Bachir
The Arab Investment & Export Credit Str, Riad El Solh, P.O.Box 113-7251
Guarantee Corporation “Dhaman” Tel: 961 (1) 983 306-9
Fax: 961 (1) 983 302-3
The Arab Organizations Headquarters lina.fakhoury@idal.com.lb
Building P.O BOX 23568 Safat 13096 www.idal.com.lb
Tel: +965 24959508 / 558
Fax: +965 24835489 Lesotho
operations@dhaman.org
www.dhaman.org Lesotho Tourism Development
Corporation
Kuwait Foreign Investment Bureau P.O. Box 1378. Maseru 100. Lesotho
(KFIB) Southern Africa
Shark Khalid Bin Alwaled Street City Tower Tel: +266 22312238
(P.O. Box 3690) Safat 13037 Fax: +266 22310189
Tel: (965) 224 07 34 ltdc@ltdc.org.ls
Fax:(965) 224 07 02 ce@ltdc.org.ls
info@kfib.com www.ltdc.org.ls
www.kuwaitfib.com Lesotho National Development
Corporation (LNDC)
Kyrgyzstan P/BAG A96, MASERU,
LESOTHO. 100
Investment Promotion Center Tel: (266-2) 2231 0038
Ministry of Economic Regulation Fax: (266-2) 2231 0038
Tel.:+996 312 62 05 90/66 35 20 info@lndc.org.ls
aliev@mert.kg ipc@lndc.org.ls
www.kyrgyzinvest.com www.lndc.org.ls
edbm@edbm.mg
Libya contact@edbm.mg
www.edbm.gov.mg
Libyan Foreign Investment Board
(LFIB)
Anter Ben Shaddad Street, Tripoli Malawi
Tel: (218-21) 3345010-20
Malawi Investment Promotion
Fax: (218-21) 3345013
Agency
investinlibya@libyamail.net
Lilongwe Office: Aquarius House –
info@investinlibya.com
First floor Private Bag 302 Capital City
www.investinlibya.com
Lilongwe 3, Blantyre Office: Unit
House - Fourth Floor Private Bag 131
Lithuania Blantyre
Tel : (265) 1 770 800 / 771 315
Lithuanian Development Agency
Fax: (265) 1 771 781
(LDA)
Lilongwe Office
Jogailos g. 4, 01116 Vilnius, Lithuania
mipa@mipamw.org
Tel.(+370 5) 262 7438
Blantyre Office
Fax (+370 5) 212 0160
mipabt@mipamw.org
info@lda.lt
www.malawi-invest.net
www.lda.lt
Macedonia Malaysia
Malaysian Industrial Development
Invest Macedonia
Authority (MIDA)
Agency for Foreign Investments of
Plaza Sentral Jalan Stesen Sentral 5
the Republic of Macedonia
50470 Kuala Lumpur
Nikola Vapcarov 7 - 1000 Skopje
Tel : +603 22673602
Tel: 389 2 3169 100
+603 22745224
Fax: 389 2 3122 098
promotion@mida.gov.my
ivan.iliev@investinmacedonia.com
investmalaysia@mida.gov.my
www.investinmacedonia.com
www.mida.gov.my
Madagascar Selangor State Investment Centre
(SSIC)
Economic Development Board No. F1-2-Jalan Multimedia 716
of Madagascar (EDBM) i-City Park, i-City 40000 Shah Alam,
Immeuble EDBM, Avenue General Selangor Darul Ehsan
RAMANANTSOA Antaninarenina, Tel: 603-55102005,
101 ANTANANARIVO Fax : 603-55196403
Tél : (+261) 20 22 670 40 / 681 21 info@ssic.com.my
Fax: (+261) 20 22 661 05 www.ssic.com.my
WAIPA Annual Report 2009 79
WAIPA Annual Report 2009
Kulim Technology Park Corp.
Berhad Mali
Suite 3.01 - 3.02, 3rd Floor KHTP Agence pour la Promotion des
Business Centre, Kulim Hi-Tech Park, Investissements au Mali
09000 Kulim Kedah Darul Aman (API-MALI)
Tel: (6)04 403 2420 Ex Immeuble Air Afrique - Quartier du
Fax: (6)04 403 1973 Fleuve BP:1980 - Bamako
promotion@khtp.com.my Tel: +223 20 22 95 25 / 26
marketing@khtp.com.my Fax: + 223 20 22 95 27
www.khtp.com.my info@cnpi-mali.org
www.apimali.gov.ml
Corridor Development Corporation
BHD
Level 13, Wisma Sin Heap Lee (SHL)
Malta
no 346, Jalan Tun Razak 50400 Malta Enterprise Corporation
Kuala Lumpur Industrial Estate San Gwann SGN 09
Tel. 603-21635736 / 603-21635737 PO Box 08 Malta
Fax 603-21635739 Tel: +356 2542 0000
cdcbhd‗msia@yahoo.com Fax: +356 2542 3407
www.cdc-msia.com.my info@maltaenterprise.com
www.maltaenterprise.com
Melaka State Investment Centre
Berhad (MSIC)
Invest Melaka Level 3, MITC Tower Mauritania
Melaka International Trade Center Commissariat à la Promotion des
75450 Ayer Keroh - Melaka Investissements
Tel: +6062312226 Commissariat à la Promotion des
Fax: +6062312227 Investissements B.P 238.
admin@msic.com.my Nktt-Mauritanie
www.msic.com.my Tél : 00 222 525 07 55
Fax : 00 222 525 43 56
Maldives cpi@investissement.gov.mr
www.investinmauritania.gov.mr
Invest Maldives
Ministry of Economic Development - Mauritius
1rst Floor Boduthakurufaanu Magu
Board of Investment of Mauritius
Office: (+960) 3333 192
Level 10, One Cathedral Square
Fax: (+960) 3323756
Building, 16 Jules Koenig Street
info@investmaldives.org
Port Louis
www.investmaldives.org
Tel : +230 203 3800
Fax : +230 208 2924 Fomento Economico Sureste de
contact@investmauritius.com Coahuila A.c. (FESEC)
www.boimauritius.com (Associated Member)
Highway Saltillo - Monterrey # 7290.
Mexico Col. Los Rodríguez.
C.P. 25200. Saltillo, Coahuila
Industrial Development Commission Tel: (844) 896-10-15 / 16 / 17
of Mexicali Fax: (844) 896-10-18
Mexico: Reforma N°1087 info@fesec.com.mx
Mexicali, Baja California, www.fesec.com.mx
CP 21 100, USA: PMB 6343233
Paulin Ave. Calexico CA. 92231-2446 Moldova (Republic of)
Tel: +52 (686) 552 66 10 Moldovan Export Promotion
Fax: +52 (686) 552 57 30 Organization (MEPO)
cmpaso@mipamw.org 65, Alexe Mateevici street, Chişinău
www.mexicaliindustrial.com Republic of Moldova
Tel: +373 22 27 36 54
ProMexico Fax: +373 22 22 43 10
Camino a Santa Teresa No. 1679, Col. office@miepo.md
Jardines del Pedregal, Del. Álvaro www.miepo.md
Obregón, CP 01900, México D.F
European Office: Mongolia
Regional Division Europe 2 in Frankfurt
Wilhelm-Leuschner Str. 23 Foreign Investment and Foreign
60329 Frankfurt, Germany Trade Agency (FIFTA)
1/ Tel: 0052 55 5447 7000 Government building Sambuu Street 11,
Fax: (+49) 69 97269811 Ulaanbaatar 211238
www.promexico.gob.mx Tel: (+976-11)-326040 / 320871
Fax: (+976-11)-324076
Secretaría de Promoción Económica fifta@investmongolia.com
del Estado de Jalisco - SEPROE www.investmongolia.com
Calle López Cotilla # 1505
Col. Americana Guadalajara Jalisco
Tel: + 52 (33) 3030 2000
Montenegro
+52 (33) 3678 2000 ext 55038 Montenegrin Investment Promotion
damaso.barragan@jalisco.gob.mx Agency (MIPA)
http://seproe.jalisco.gob.mx/ Jovana Tomasevica 2A
81000 Podgorica
Tel: (+382 20) 203 140
Fax: + 382 20 203 141
info@mipa.cg.yu
www.mipa.cg.yu
WAIPA Annual Report 2009 81
WAIPA Annual Report 2009
Morocco Nepal
Agency for Promotion Economic Government of Nepal,
and Social Development of the Department of Industries
Moroccan Oriental Region Tripureshowor, Kathmandu Nepal
Agence de l’Oriental 12, Rue Mekki Tel: 977-1-4261101
Bitaouri - Souissi Rabat - Maroc Fax: 977-1-4261112
Tél.: +212(0)37 633 580
Fax : +212(0)37 753 020
info@oriental.ma
Netherlands
www.oriental.ma Netherlands Foreign Investment
Agency
Ministère de l’Economie et des NFIA Headquarters
Finances Bezuidenhoutseweg 16a
Bd. Med V. Quartier Administratif P.O. Box20101 2594 AV The Hague
Rabat - Chellah Tel: +31 70 379 8818
Tel : 037.67.75.01 ou 08 Fax: +31 70 379 6322
Fax : 037.67.75.27 et 28 info@nfia.nl
internet@finances.gov.ma www.nfia.nl
www.finances.gov.ma
Southern African - Netherlands
Regional Centre for Investment in Chamber of Commerce
Greater Casablanca SANEC Johannesburg 1st Floor, The
60, Avenue Hassan II - 20000 - Bridle Building 38 Wierda Road West
Casablanca Wierda Valley Sandton, 2196
Tel : +212 (0) 37 67 34 20 / 3506 SANEC The Netherlands Juliana van
infos@casainvest.ma Stolberglaan 148 2595 CL The Hague
www.casainvest.ma The Netherlands
Tel: +27 (0) 11 263 5800
Namibia Fax: +27 (0) 11 263 5811
info@sanec.co.za
www.sanec.org
Namibia Investment Centre (NIC)
www.sanec.co.za
P/Bag 13340 Windhoek, NAMIBIA
Tel: +264 61 2837335
West-Holland Foreign Investment
Fax: +264 61 220278
Agency (WFIA)
www.grnnet.gov.na
Koninginnegracht 8
2514 AA The Hague
Tel: +31703115555
info@wfia.nl
www.wfia.nl
Tel:+234-9-290 48 82 / 4706 / 5829
New Zealand Fax:+234-9-4134112
osicinfodesk@nipc.gov.ng,
New Zealand Trade and Enterprise
infodesk@nipc.gov.ng,
PO Box 8680 Symonds Street
nipc@nipc.gov.ng
Auckland
Tel: +64 9 354 9038/47
Cross River State Investment
Fax: +64 9 354 9208
Promotion Bureau
invregcontacts@nzte.govt.nz
5th Floor, Okoi Arikpo House,
www.nzte.govt.nz
Calabar Road Calabar Cross River State
Tel: (243) 802 223 9903
Nicaragua (234) 805 053 1331
www.crossriverstate.gov.ng
ProNicaragua
Km. 4 ½ carretera a Masaya,
Del Restaurante Tip Top los Robles, Nigeria
1 c al oeste
Resman Associates LTD
Tel: + (505) 270 - 6400
(Associated Member)
Fax: + (505) 278 - 7332.
24, Oyekan Road, Apapa.
info@pronicaragua.org.ni
P.O Box 4174 Apapa Lagos
www.pronicaragua.org
Tel:+234 (0)-1-5452833
Fax:+234 (0)-1-5452833
Niger resmanasso@resmanassociates.com
info@resmanassociates.com
Centre de Promotion des
http://resmanassociates.com
Investissements (CPI)
Chambre de Commerce d’Agriculture,
d’Industrie et d’Atisanat du Niger. Oman
Place de la Concertation, BP 209
Omani Centre for Investment
Niamey
Promotion & Export Development
Tél. : +227 20 73 25 73
(OCIPED)
Fax : +227 20 73 46 68
P.O.Box 25 Al Wadi Al Kabir- P.C.117
contact@investir-au-niger.org
Sultanate of Oman
dmcpiniger@yahoo.fr
Tél: (968) 24 81 23 44
www.investir-au-niger.org
Fax: (968) 24 81 08 90
Invest@ociped.com
Nigeria info@ociped.com
www.ociped.com
Nigerian Investment Promotion
Commission (NIPC)
Plot 1181 Aguiyi Ironsi Street
Maitama District P.M.B. 381 Garki Abuja
WAIPA Annual Report 2009 83
WAIPA Annual Report 2009
Pakistan Paraguay
Board of Investment (BOI) REDIEX Red de Inversiones y
Ataturk Avenue, Sector G.5/1, Exportaciones
Islamabad. Av. Mariscal López 3333 c/ Dr. Weiss
Tel: +92-51-9235716 Villa Morra Asunción
Fax: 92-51-9218325 Tel:595 21 6163028
secretary@pakboi.gov.pk Tel:595 21 6163264
www.pakboi.gov.pk info@rediex.gov.py
www.rediex.gov.py
Palestine Peru
National Authority ProInversión
Sede Principal
Palestinian Investment Promotion
Paseo de la República 3361 - Piso 9
Agency (PIPA)
San Isidro Lima
P.O. Box 1984, Ramallah
Tel:(51-1) 612-1200
Tel: 00970 2 2988791 or 2
Fax:(51-1) 221-2941
Fax: 00970 2 2988793
contact@proinversion.gob.pe
info@pipa.gov.ps
www.proinversion.gob.pe
www.pipa.gov.ps
Papua New Guinea Poland
Polish Information and Foreign
Investment Promotion Authority Investment Agency (PAIiIZ)
(IPA) Bagatela Street 12
HQ: PO Box 5053 00-858 Warsaw
BOROKO National Capital District Tel: +48 (0) 22 334 9871
Port Moresby Fax: +48 (0) 22 334 98 89
invest@paiz.gov.pl
Regional Office: 3rd Floor Vele post@paiz.gov.pl
Rumana PO Box 1074 LAE Morobe www.paiz.gov.pl
Province
Tel: (675) 321 7311
biepd@ipa.gov.pg
Portugal
Invest in Azores Agency (APIA)
daroap@ipa.gov.pg
Avenida Príncipe do Mónaco, 6,
www.ipa.gov.pg
1º Esq. 9500-237 Ponta Delgada
Tel: +351 296 308 800
Fax: + 351 296 308 809
apia@investinazores.com
www.investinazores.com
AICEP Business Development Fax:+7 (812) 622-18-25
Agency info@investa.spb.ru
AICEP Global Portugal www.investa.spb.ru
Av. 5 de Outubro, 101,
1050-051 Lisboa National Agency for Direct
Tel: +351 217 909274 Investment (NADI)
Fax: +351 217 96 53 65 Staraya Place Moscow
aicep@portugalglobal.pt 103070 Russia
manuela.ferreira@portugalglobal.pt Tel: +7 495 606 05 04
www.portugalglobal.pt Fax: +7 495 606 70 31
napi@napi.ru
Qatar (State of) www.napi.ru
Qatar Investment Promotion
Department
Rwanda
Investment Promotion Department, Rwanda Investment and Export
Ministry of Business & Trade, Promoting Agency
P.O.BOX: 22699, Doha Kimihurura, Avenue du lac Muhazi 1
Tel: + 974 (4945522) Kabindi Building P.O. Box 6239 Kigali
Fax: + 974 (4933054) Tel: (+250) 510248
ipd@mec.gov.qa Fax: (+250) 510249
www.investinqatar.com.qa info@rwandainvest.com
www.rwandainvest.com
Romania
Romanian Center for Trade and
Saint Kitts and Nevis
Investment Nevis Investment Promotion Agency
Apolodor Str. nr. 17 Sector 5 (NIPA)
050741 Bucharest Development & Marketing Department
Tel: +40 21 318 50 50 P O Box 882 Rams Complex
Fax: +40 21 311 14 91 Stoney Grove Nevis
office@traderom.ro Tel: 1 (869) 469-0038
www.traderom.ro Fax: 1 (869) 469-0039
info@nevisfinance.com
Russian Federation www.nevisfinance.com
North-West Development and
Investment Promotion Agency
Dzhambula per. 12-A
191180 St. Petersburg
Tel:+7 (812) 622-14-87
WAIPA Annual Report 2009 85
WAIPA Annual Report 2009
Royal Commission for Jubail
Saint Lucia and Yanbu
Jubail Industrial Area- 31961 Jubail
National Development Corporation
(P.O.Box 5964 Riyadh 11432)
P.O. Box 495 Castries St. Lucia,
Tel: +966 1 4746724
West Indies
Fax: +966 1 4793471
Tel: (758) 452-3614
www.rcjy.gov.sa
Fax: (758) 452-1841
devcorp@candw.lc
Islamic Development Bank Groups’
www.stluciandc.com
Investment Promotion Technical
Assistance Programme (ITAP)
Saint Vincent and (Associated Member)
the Grenadines Investment Promotion Technical
Assistance 21454 Jeddah
Tel: +9662-646-7573
Invest SVG
iciec@isdb.org
2nd Floor Administrative Building
www.isdb.org
PO Box 2442 Kingstown
Tel: 784-457-2159
Fax: 784-457-2943 Senegal
info@investsvg.com
www.investsvg.com Investment Promotion and Major
Works Agency (APIX)
52 - 54 Rue Mohamed V - BP 430 CP
Samoa 18524 Dakar
Tel: (221) 33 849 05 55
Ministry of Commerce,
Fax: (221) 33 823 94 89
Industry & Labour
contact@apix.sn
Ministry of Commerce, Industry and
dgi@apix.sn
Labour PO Box 862 Apia
www.apix.sn
Tel: +685 20441 / 442
Fax: +685 20443
IPAWAS Association of Investment
mpal@mcil.gov.ws
Promotion Agencies of West African
www.mcil.gov.ws
States (Associated Member)
1) Nigerian Investment Promotion
Saudi Arabia Commission (NIPC)
Plot 1181, Aguiyi Ironsi Street,
Saudi Arabia General Investment
Maitama District, P. M. B. 381, Garki,
Authority (SAGIA)
Abuja, Nigeria
Imam Saud Bin Abdul Aziz Road
2) Association des agences de
(University Road) 11432 Riyadh
promotion des investissements de
Tel: (966 -2) 653 9510
l’Afrique de l’Ouest Stepping up to the
www.sagia.gov.sa
next level ! Tel: +248 295500
35 Avenue Malick Sy BP 3309 RP Fax: +248 225125
Dakar Sénégal sib@seychelles.sc
3) Gambia Investment Promotion and www.sib.gov.sc
Free Zones Agency GIPFZA HOUSE
48 Kairaba Avenue, Serre Kunda,
KMC, Gambia
Sierra Leone
Tel: 234-9-4132731 Sierra Leone Investment & Export
Fax: 234-9-4138034 Promotion Agency, SLIEPA
www.gipfza.gm 3rd Floor Standard Chartered Bank SL.
LTD 9-11 Lightfoot Boston Street
Serbia Tel: 220788/226075
info@sliepa.org
Serbia Investment and Export www.sliepa.org
Promotion Agency (SIEPA)
Ministry of Trade, Industry and
Vlajkoviceva 3/V, 11000 Belgrade
State Enterprises
Tel: +381 11 3398 550
18/20 Walpole Street PMB 6 Freetown
Fax: +381 11 3398 814
Tel: +232 - (0)22 - 229 760
office@siepa.gov.rs
Fax: +232 - (0)22 - 229 097
www.siepa.sr.gov.yu
www.sledic-sl.org
Vojvodina Investment Promotion (VIP)
Zmaj Jovina 4/1, Slovakia
21000 Novi Sad Slovak Investment and Trade
Tel: +381 21 472 32 40 / 41 / 45 Development Agency (SARIO)
Fax: +381 21 4721921 Martinčekova 17 - 821 01 Bratislava
office@vip.org.yu Tel: +421 2 58 260 100 / 101
www.vip.org.yu Fax: +421 2 58 260 109
fdi@sario.sk
Seychelles www.sario.sk
Seychelles International Business
Authority (SIBA) Slovenia
PO Box 991 Victoria, Mahe Public Agency of the Republic
1/ Tel: +248 380811 of Slovenia for Entrepreneurship
Fax: +248 380888 and Foreign Investments (JAPTI)
siba@seychelles.net Vetorskova 60 SI-1000 Ljubljana
www.siba.net Tel: +386 (0) 1 5309 817
Fax: +386 (0) 1 5309 850
Seychelles Investment Bureau (SIB) fdi@japti.si
P.O Box 1167 Caravelle House www.investslovenia.org
Victoria Mahé
WAIPA Annual Report 2009 87
WAIPA Annual Report 2009
Invest North West
Solomon Islands Physical Address: 1st Floor, Old Mutual
Building 171 Beyers Naudé Drive
Ministry of Commerce and Tourism
Rustenburg, 0299 Postal Address:
Ministry of Commerce,
PO Box 6352 Rustenburg, 0300
Industries,Labour & Immigration
Tel: +27 (0) 14 594 2570
P O Box G26 Honiara
Fax: +27 (0) 14 594 2575/6
Tel: (+677) 22856
inw@inw.org.za
Fax: (+677) 25084
www.inw.org.za
investmentdd@commerce.gov.sb
www.commerce.gov.sb
Mpumalanga Economic Growth
Agency (MEGA)
South Africa 33 Van Rensburg Street Nelspruit
Mpumalanga 1200
City of Johannesburg
Tel:0027 13-752 2440
Thuso House Customer Service Centre
Fax: 0027 13-755 1756
66 Jorissen Street Braamfontein 2000
www.mega.gov.za
Tel: +2711 358 3392
Fax: +2711 381 9207
Trade and Investment KwaZulu-
joburgconnect@joburg.org.za
Natal (TIKZN)
www.joburg.org.za
Trade and Investment KZN
P O Box 4245 Durban 4000
Durban Investment
Tel: + 27 (0)31 368 9600 / 7050
Promotion Agency
Fax : +27 (0) 31 368 5772
26th Floor, Old Mutual Centre
info@tikzn.co.za
303, West Street Durban 4000
www.tikzn.co.za
Tel: +27 31 336 2540
Fax: + 27 31 336 2511
Trade and Investment Limpopo (TIL)
info@dipa.co.za
Postal address PO Box 3490
www.dipa.co.za
POLOKWANE 0700
Tel: +27 15 295 5171
Gauteng Economic Development
Fax: +27 15 295 5179
Agency (GEDA)
agrinette@til.co.za
56 Main Street, Johannesburg
www.til.co.za
(physical address) P.O. Box 61840
Marshalltown 2107 (Enquiries &
Trade and Investment South Africa
Correspondence)
(TISA)
Tel : +27 11 833 8750
1/ Postal Address: Private Bag X84,
Fax : +27 11 833 8930
Pretoria, 0001
info@geda.co.za
2/ South African Embassy Alpenstrasse
blakem@geda.co.za
29 - 3006 Bern
www.geda.co.za
3/ Ambassade d’Afrique du Sud Agency of Innovation and
59, quai d’Orsay 75343 Paris Cedex 07 Development of Andalucia Agency
Tel: +27 (12) 394 9500 (IDEA)
Fax: +27 (12) 394 9501 C/ Torneo, 26 41002 Sevilla
contactus@thedti.gov.za Tel:+34 955 030 702
www.thedti.gov.za informacion@agenciaidea.es
sevilla@agenciaidea.es
African Access International egallego@agenciaidea.es
(Associated Member) www.agenciaidea.es
African Access Park, 210 Epsom Ave,
Northriding Johannesburg 2169 Invest in Catalonia
Tel: 002711 699 2000 Passeig de Gràcia, 129
Fax: 002711 699 2024 08008 Barcelona
ansier@aaccess.co.za Alcalá, 44 - 4ª Planta
info@aaccess.co.za 28014 MADRID
www.access-int.com Tel: (+34) 93 4767287
www.africanaccessholdings.com Fax: (+34) 93 4767303
catalonia@cidem.gencat.net
Spain madrid@cidem.gencat.net
www.catalonia.com
Internacionalization Service -
Service Center for the
Madrid Investors Support
internationalisation of the Catalan
“Madrid EMPRENDE”
Companies ACC1Ó CIDEM-COPCA
Madrid Emprende - Economic
Passeig de Gràcia 94 08008 Barcelona
Development Agency C/Gran Via, 24 -
Tel: 93.476.72.00
1ª Planta 28013 Madrid
Fax: 34-93-553.89.39
Tel: (34 91) 4804772
info@copca.com
Fax: (34 91) 4802440
www.copca.com
invest@munimadrid.es
www.acc10.cat
www.madridemprende.com
www.investingmadrid.es
PromoMadrid
www.madridinvestorsupport.com
Desarrollo Internacional de Madrid,
S.A. Suero de Quiñones, 34
Invest in Spain
28002 Madrid
C/Orense, 58 - 3rd floor
Tel.: +34 91 745 2099
Madrid- 28020
Fax: +34 91 564 4007
Tel. 0034915035810
info@promomadrid.com
Fax: +34 915 035 803
www.promomadrid.com
www.investinspain.org
WAIPA Annual Report 2009 89
WAIPA Annual Report 2009
Bestin CLM, Investment Agency for
Castilla - La Mancha Sweden
C/ Valdemarias, S/N Centro de
Invest in Sweden Agency (ISA)
Empresas n°1 45007 Toledo
P O Box 90 SE-101 21 Stockholm
1/ Tel: 00 34 925 33 41 41
Tel: +468 40 27 810
Fax: 00 34 925 33 37 19
Fax:+468 40 27 878
www.investincastillalamancha.com
isa@isa.se
www.isa.se
Sri Lanka
Stockholm Business Region
Board of Investment of Sri Lanka (BOI)
Stockholm Business Region AB
Level 24, West Tower, World Trade
Drottningg 33 10325 Stockholm
Center, Echelon Square, Colombo 01
Tel:+ 46- 8-508 280 00
Tel: (+94 11) 2434403-5,
Fax: +46-8-508 280 90
Fax: (+94 11) 2447994-5
invest@sbr.stockholm.se
infoboi@boi.lk
www.stockholmbusinessregion.se
www.boi.lk
Business Region Göteborg (BRG)
Sudan Business Region Goeteborg AB Box
111 19 404 23 Goeteborg
Sudanese Investment Authority Visiting adress:
Ministry of Investment West Hilton Norra Hamngatan 14
Khartoum 1/ Tel:+46 3161 24 10
Tel:(249-11) 717198 2/ Tel: +46 3161 2408
investment@sudanmail.net www.businessregiongoeteborg.se
www.sudaninvest.org
Swaziland Switzerland
Osec
Swaziland Investment Promotion Stampfenbachstrasse 85
Authority (SIPA) Postfach 2407 CH-8021 Zurich
7th Floor Mbandzeni Building Corso Elvezia 16, P.O. Box 5399,
Libandla Street P. O. Box 4194 CH-6901 Lugano
Mbabane H100 Tel. +41 44 365 51 51
Tel: (+268) 404 0472/3/4 Fax +41 44 365 52 21
Fax. (+268) 404 3374 contact@osec.ch
info@sipa.org.sz www.osec.ch
www.sipa.org.sz
www.gov.sz
Tadjikistan Trinidad and
Agency for Promotion of Foreign Tobago
Investments (APFI)
Eteck Investment Promotion
Tel: +(992-372) 23 37 54
Head Office (Trinidad) The Atrium, Don
Miguel Road Extension, El Socorro
Tanzania San Juan Trinidad and Tobago
(United Republic of) Unit 2, Sangster’s Hill Mall,
Tanzania Investment Centre (TIC) Scaborough (Tobago)
Shaaban Robert Street P.O. Box 938 Tel: 001(868) 675-1989
Dar es Salaam Fax: 001(868) 675-9125
Tel: (+255)-22-2116328 - 32 info@eteck.co.tt
Fax: (+255)-22-2118253 www.eteck.co.tt
information@tic.co.tz
www.tic.co.tz Tunisia
Zanzibar Investment Promotion Foreign Direct Investment
Authority Promotion Agency (FIPA)
Zanzibar Investment Promotion Rue Slaheddine El Ammami, Centre
Authority (ZIPA) P.O.BOX 2286 Urbain Nord 1004 Tunis
Zanzibar Tel. : (216) 71 752 540
Tel: +255 24 2233026/2237353 Fax : (216) 71 231 400/ 231818
Fax: +255 24 2232737 boc.fipa@mdci.gov.tn
zipa@zanzinet.com www.investintunisia.tn
www.investzanzibar.org
Turkey
Tonga Investment Support and Promotion
Ministry of Labour, Commerce and Agency
Industry Republic of Turkey Prime Ministry
PO Box 110 Free Wesleyan Church Headquarters, Kavaklidere Mahallesi
Building, Fasi moe Afi, Nuku’alofa, Akay Caddesi No: 5 Çankaya 06640
Tongatapu, Tonga Ankara
Tel: +676 27 302 Tel: (+90 312) 413 89 00
Fax: +676 23 887 Fax: (+90 312) 413 89 01
moanat@mlci.gov.to info@invest.gov.tr
http://www.mlci.gov.to www.invest.gov.tr
WAIPA Annual Report 2009 91
WAIPA Annual Report 2009
Izmir Development Agency
Şehit Fethi Bey Caddesi No:49/1 Birlik Ukraine
Plaza Kat:3 35210 Gumruk IZMIR
Ukrainian Center for Foreign
Tel : +90 232 489 81 81
Investments Promotion
Fax : +90 232 489 85 05
(InvestUkraine)
info@izka.org.tr
36 Rayevskoho St., 5th Floor,
www.izka.org.tr
Office 614 Kyiv 01042
Tel: +380 44 537 7313
Çukurova Development Agency
Fax: + 380 44 537 7311
Çinarli Mah. Ataturk Cad. N°1 Sabanci
info@investukraine.org
Iş Merkezi Kat 7 01060 Seyhan
www.investukraine.org
ADANA
Tel: +90 322 363 00 40
Fax: +90 322 363 00 41 United Arab
info@cka.org.tr
www.cka.org.tr
Emirates
Dubai Airport Free Zone Authority
Turks and (DAFZA)
P.O.Box 491-Dubai U.A.E
Caicos Islands Tel: +9714-2995555
Fax: +9714-2995500
Turks and Caicos Islands
ict@dafza.gov.ae
Investment Agency (TCInvest)
invest@dafza.gov.ae
TCInvest PO Box 105 Hon. Headley
www.dafza.gov.ae
Durham Building Church Folly
Grand Turk
Ras Al Khaimah Free Trade Zone
Tel: 1 (649) 946-2058/2852
Authority
Fax: 1 (649) 946-1464
P.O. Box: 10055, Ras Al Khaimah, UAE
tcinvestpls@tciway.tc
Tel: +971 7 2077117
www.tcinvest.tc
Fax: + 971 7 2077120
inquiry@rakftz.com
Uganda receptionrbc@rakftz.com
www.rakftz.com
Uganda Investment Authority (UIA)
Plot 22B Lumumba Avenue, TWED
Department of Economic Development,
Plaza P.O. Box 7418 Kampala
Foreign Investment Office
Tel: 256-414-301000
P.O. Box 13223 Dubai
Fax: 256-414-342903
Tel: +971 4 2229922
info@ugandainvest.com
Fax: +971 4 2020999
www.ugandainvest.com
www.dubaided.gov.ae
Department of Economic Development Counsellors
Development - Abu Dhabi International (DCI)
DED building, 2nd Floor, (Associated Member)
International Economic Relations DCI Headquarters 215 Park Avenue
Sector Department of Economic South 10th Floor New York, NY 10003
Development Opposite Abu Dhabi Tel: 212.725.0707
Municipality P.O. Box: 12, Al Salam Fax: 212.725.2254
Street, Abu Dhabi www.aboutdci.com
1/ Tel: +971 2 4031 443 / 221
www.dpeportal.adeconomy.ae
Uruguay
United Kingdom URUGUAY XXI
UK Trade & Investment Instituto de Promoción de
66-74 Victoria Street, London Inversiones y Exportaciones
SW1E 6SW Rincon 518/521, Planta Baja,
Tel: +44 (0)20 7215 8000 Montevideo
Fax: +44(0)141 228 3660 Tel: 5982 9153838
enquiries@ukti.gsi.gov.uk Fax: 5982 9163059
www.uktradeinvest.gov.uk info@uruguayxxi.gub.uy
www.uruguayxxi.gub.uy
Manchester Investment
Development Agency Service
(MIDAS) Uzbekistan
MIDAS House Trafford Wharf Road Foreign Investment Agency
Trafford Park Manchester M17 1EX (UZINFOCOM)
Tel: +44 [0] 161 877 3000 28b A.Navoi str, Tashkent, 100011
Fax: +44 [0] 161 848 8638 Uzbekistan
info@midas.org.uk Tel: +998 (71) 238-4148
www.investinmanchester.com Fax: +998 (71) 238-4248
United States info@uzinfocom.uz
govuz@uzinfocom.uz
of America www.gov.uz
Invest in America
Uzinfoinvest Agency
International Trade Administration
1, Taras Shevchenko str.
U.S. Department of Commerce
Tashkent
1401 Constitution Ave NW
Tel: +(998-71) 2385 272
Washington, DC 20230
Fax: +(998-71) 238 92 00
Tel: 202-482-1889
uzinfoinvest@mfer.uz,
Fax: 202-482-3643
www.mfer.uz
info@investamerica.gov
www.investamerica.gov
WAIPA Annual Report 2009 93
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Vanuatu Yemen
Vanuatu Investment Promotion (Republic of)
Authority (VIPA)
General Investment Authority (GIA)
Private Mailbag 1911 - Laguna Building
26 Al-Kods St. Southern Al-Safia,
Port Vila PMB 9011 Vanuatu
Sana’a P.O.Box: 19022
Tel: +678 24096
Tel: 00967 1 262962/3
Fax: +678 25216
Fax: 00967 1 262964
investment@vanuatu.com.vu
invest@giay.org
www.investinvanuatu.com
www.investinyemen.gov.org
Venezuela Zambia
Consejo Nacional de Promoción de
Zambia Development Agency
Inversiones (CONAPRI)
Privatisation House Nasser Road
Calle Guaicaipuro, Torre Forum,
P.O Box 34580 Lusaka
ground floor, office LC-A. El Rosal,
Tel: + 260 (0) 211 255 240
Caracas 1060.
Fax: + 260 (0) 211 252 150
Tel: +58 212 951 6507
invest@zamnet.zm
Fax: +58 212 953 3915
www.zda.org.zm
www.conapri.org
Vietnam Zimbabwe
Zimbabwe Investment Authority
Vietnam Investment Promoting
ZimTrade Head Office: 904 Premium
Technics and Construction Joint
Close Mount Pleasant Business Park
Stock Company (Techconvina)
P.O.Box 2738 , Harare
(Associated Member)
ZimTrade Regional Office: 48 Josiah
A106, Xuan Dinh, Tu Liem District,
Tongogara Street P.O.Box 3090 ,
Ha Noi
Bulawayo
Tel: +(84-4) 3750 0999
Tel: 263-4 780 140-5
Fax: +(84-4) 3750 1001
Fax: 263-4 369244/45
techconvina@techconvina.com
info@zia.co.zw
www.techconvina.com
info@byo.zimtrade.co.zw
www.zimtrade.co.zw
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CHAPTER I
Establishment of WAIPA and Objectives
Article I
1. Following the founding meeting of high-level officials of Investment Promotion
Agencies held 26-27 April, 1995 under the auspices of the United Nations Conference
on Trade and Development (UNCTAD), an international association of Investment
Promotion Agencies is hereby established and shall be hereinafter referred to as
World Association of Investment Promotion Agencies (WAIPA).
2. WAIPA being an autonomous, non-profit organization established pursuant to
articles 60 to 79 of the Swiss Civil Code.
.
3 The headquarters of WAIPA shall be situated in Geneva, Switzerland, or at such
place as the General Assembly may decide.
Article II
1. WAIPA shall be dedicated to the support and advancement of the following
purposes:
a) to promote and develop understanding and cooperation amongst Investment
Promotion Agencies;
b) to strengthen information gathering systems and information exchange
amongst Investment Promotion Agencies;
c) to share country and regional experiences in attracting investment;
d) to assist Investment Promotion Agencies to gain access to technical
assistance and training;
e) to facilitate access to funding and other assistance, through referrals to
relevant bilateral and multilateral agencies, other organizations, companies or
professional associations for the development and implementation of investment
promotion programs;
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f) to assist Investment Promotion Agencies in advising their respective
governments in the formulation of appropriate investment promotion policies
and strategies.
2. The aims and purposes of WAIPA shall be accomplished through meetings,
seminars and congresses, through publication of regular periodicals and special
reports and through such other means that contribute to WAIPA´s general objectives
and goals.
CHAPTER II
Membership
Article III
1. Membership of WAIPA shall be open to any agency, government body or other
entity whose prime function is to promote any country, political sub-division of a
country, or other uncontested territory, as a destination for or as source of investments
(Members).
2. Associate Membership shall be open to other organizations (whether of a public
or private nature) that share similar objectives of WAIPA as set out in Article II of
the WAIPA Statutes (Associated Members). Regional institutions, companies and
professional associations might become Associated Members.
Article IV
1. Membership applications must be submitted, in writing, to the Permanent
Secretariat, appointing one or two deputies empowered to attend the General
Assembly on behalf of the Member.
2. In the case of it being appointed two deputies, and both attending a General
Assembly meeting on behalf of the Member, it should be clearly stated which of them
shall exercise the right to vote.
3. After membership approval and following payment of the initial membership fee,
the Permanent Secretariat shall publicize the new admission.
Article V
1. Annual membership shall be paid by every Member and Associated Member by
April 30 with respect to the Calendar Year in course. Any member which does not
comply with this payment shall have certain of their rights temporarily suspended.
The right to vote and to be voted shall be suspended as well as other benefits of
WAIPA membership.
2. Fees are as follows:
a) Members:
Tier I Countries (GDP per capita up to 2,500 USD): 2,500 USD.
Tier II Countries (GDP per capita from 2,501 USD to 12,500 USD):
3,000 USD.
Tier III Countries (GDP per capita over 12,500 USD): 3,500 USD.
b) Associated Members: 3,500 USD.
3. The General Assembly shall alter the value of the fees payable taking into
consideration the Steering Committee’s proposal.
Article VI
1. Members and Associated Members of WAIPA may associate at regional or sub-
regional levels under the framework of WAIPA Statutes.
2. Members and Associated Members shall not damage the reputation of WAIPA
by their actions and must respect WAIPA Statutes, its rules, Terms of Reference as
well as overall actions and decisions.
3. Should a Member or Associated Member act in flagrant violation of the spirit,
purpose and interests of WAIPA, the General Assembly may, upon recommendation
of the Steering Committee, suspend the rights and privileges enjoyed by the
Member or Associated Member in question to the extent determined by the
General Assembly.
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Article VII
1. All members shall have the same rights, duties and privileges. Associated
Members shall have the same rights, duties and privileges as Members, provided,
however, that they shall not have the right to vote or to hold a directorship in the
Steering Committee.
2. Members and Associated Members are obliged to update their relevant data
before the Permanent Secretariat, especially in respect of their representatives. Any
change of such data shall be informed within a period of 10 days.
Article VIII
The Membership of a Member or Associated Member expires in case of:
a) dissolution of the member;
b) cancelation of the membership by the member’s own volition;
c) cancellation of the membership by reason of repeated non-payment of fees;
d) exclusion.
CHAPTER III
Institutions
Article IX
WAIPA shall perform its functions through the following organs:
a) General Assembly;
b) Steering Committee;
c) Permanent Secretariat.
CHAPTER IV
The General Assembly
Article X
1. The General Assembly is the deliberative organ of WAIPA, and it shall consist of
an assembly of all members represented by a properly appointed deputy.
2. Members shall have the right to one vote. Votes are open and may not be
transferred to another Member.
3. Changes in appointees must be submitted at least 30 days prior to the date of
General Assembly to ensure effective voting rights.
Article XI
The General Assembly shall be responsible for:
a) establishing objectives and general policies of WAIPA;
b) electing the Directors of the Steering Committee;
c) appointing financial auditors;
d) approving audit reports and annual report of activities;
e) approving, according to proposal from the Steering Committee, the value of
membership fees;
f) amending the Statutes;
g) dissolving the organization;
h) establishing any subsidiary body as may be required;
i) discussing other matters as may be referred to it by the Steering Committee.
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Article XII
1. The General Assembly shall meet at least once a year at the time and location
as may be decided by the Steering Committee.
2. The Permanent Secretariat summons the General Assembly with a notice
containing the agenda or the items subject to vote. The notice shall be posted on-
line and sent by electronic mail or other appropriate means to all members with an
advance of at least 30 days.
Article XIII
1. The General Assembly shall elect from amongst its Members, one Member, the most
senior representative of which, to serve as WAIPA President, and two Members, the
most senior representatives of each of which, to serve as Vice-Presidents. President
and Vice-Presidents shall each serve for a term of two years and shall be eligible for
re-election for one additional period. There shall be a two calendar-month transition
period from election to inauguration. The former President and Vice-Presidents shall
remain in office until their successors take office.
2. Candidacies shall be post marked at least 60 days prior to the annual General
Assembly in which elections are to take place. An effective submission of candidacy
must be supported by a Candidacy Letter in respect of the Member institution and
its sponsored representative. Only the senior-most representative of the candidate-
Member, or highest ranking officer, howsoever designated, shall be entitled to occupy
the WAIPA Presidency or Vice-Presidencies on behalf of the candidate-Member. It is
required personal presence at the General Assembly on the day of the election.
Article XIV
1. The quorum of the General Assembly shall be one fourth of all the Members,
excluded for quorum purposes associated membership.
2. The decisions of the General Assembly shall be taken by a majority vote of all
the Members present and current with their membership dues.
Article XV
The General Assembly shall establish its own Rules of Procedure.
CHAPTER V
The Steering Committee
Article XVI
1. The Steering Committee is the executive organ of the General Assembly and it
shall consist of 14 Members of WAIPA, 11 of which elected by the General Assembly
as Directors, in addition to the WAIPA President and the two Vice-Presidents.
2. A retired President of the General Assembly shall be an ex-officio Director of the
Steering Committee for the succeeding two-year period, therefore raising by one the
number of directorships for the aforesaid period. The ex-officio Director shall have
the right to cast a vote.
3. The President shall serve as the Chairperson of the Steering Committee.
4. At least one seat in the Steering Committee shall be reserved
for representation from:
a) Sub-Saharan Africa;
b) Middle-East and North Africa;
c) Central Asia
d) South Asia;
e) East Asia and South-East Asia;
f) Oceania;
g) European Union;
h) Eastern Europe;
i) North America;
j) Central America and the Caribbean;
k) South America.
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5. Every Steering Committee Director shall have the right to one vote. Votes are
open and may not be transferred to another Director.
Article XVII
The Steering Committee shall be responsible for:
a) ensuring the implementation of the decisions of the General Assembly;
b) proposing financial auditors to the General Assembly;
c) reviewing the annual report of activities prior to submission to the General
Assembly;
d) approving a Plan of Activities for the current and the following Calendar
Year, according to the general objectives of WAIPA;
e) reviewing of audit reports prior to submission to the General Assembly;
f) performing such other duties as may be assigned to it by the General
Assembly;
g) deciding on the exclusion of a WAIPA Member or Associated Member;
h) interpretation and clarification of these Statutes.
Article XVIII
The Steering Committee shall convene at least twice a year at the headquarters of
WAIPA or at such other suitable place as it may decide.
Article XIX
1. Candidacies shall be post-marked at least 60 days prior to the annual General
Assembly in which elections are to take place. The effective candidacy of each of
the 11 Directors must be supported by a Candidacy Letter duly executed by the
authorized representative in accordance with the candidate-Members’ institutional
documents. The only representatives entitled to serve as a Director are either
the first- or the second- highest ranking officer, howsoever designated, within the
candidate-Member’s institutional structure. Ad Hoc delegation is permitted and
should be handed, prior to or at the occasion of a meeting.
2. A Director of the Steering Committee, except an ex-officio Director, shall serve
for 2 years and shall be eligible for reelection.
3. In the event of change in the ranks of a Member holding a Steering Committee
seat said Member shall promptly notify the Permanent Secretariat indicating the
name of
the Director to hold the seat for the remainder of the term.
4. The Steering Committee Directors shall remain in office until the inauguration of
their successors. The transition period for the departing Directors of the Steering
Committee shall coincide with that of the President and Vice-Presidents.
5. A Steering Committee Director may be removed by decision of the General
Assembly according to Article XXXIV.
6. In the case of a Director resigning his seat at the Steering Committee, such
vacancy shall be filled by indication of the Steering Committee. The Steering
Committee may consult with Members of such region for guidance.
Article XX
The quorum of the Steering Committee shall be a minimum of 6, excluded for
quorum purposes an ex-officio Director.
Article XXI
The decisions of the Steering Committee shall be by a majority vote of members
present.
Article XXII
The Steering Committee shall formulate its own rules of procedure.
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CHAPTER VI
The Permanent Secretariat
Article XXIII
1. The Permanent Secretariat is the administrative organ of WAIPA and it shall
consist of an Executive Director and as many administrative personnel as the
Steering Committee may define.
2. The Executive Director, who shall lead the Permanent Secretariat, shall be
proposed by the President and approved by the Steering Committee.
Article XXIV
The Executive Director shall have the functions of:
a) assisting the Steering Committee in the carrying out of its work;
daily management of WAIPA;
b) preparing a draft of the annual report of activities prior to submission to the
Steering Committee;
c) presenting before the Steering Committee general proposals and specific
projects in line with the objectives of WAIPA;
d) presenting before the Steering Committee a Plan of Activities and the
budget for the current and the following Calendar Year;
e) abiding by and enforcing the observance of WAIPA Statutes;
f) implementing the overall WAIPA strategy;
g) developing strategic relationships for WAIPA;
h) recruiting and managing WAIPA’s personnel according to the number
established by the Steering Committee;
i) requesting Members to second, to the benefit of WAIPA, Member’s own
personnel to assist in specific projects on a temporary basis.
j) ensuring members’ duty to fulfill their obligations with respect to WAIPA;
k) performing such other duties as may be assigned to it by the Steering
Committee.
Article XXV
The Permanent Secretariat shall be located at the headquarters of WAIPA.
CHAPTER VII
The Presidency and Vice-Presidencies
Article XXVI
1. The President and Vice-Presidents are elected by the General Assembly among
its Members by the majority of those present.
2. The President of WAIPA shall be responsible for:
a) enforcing the observance of WAIPA Statutes, its rules, Terms of Reference
as well as overall actions and decisions of the Steering Committee;
b) presiding over the General Assembly and the Steering Committee, assuring
the orderly carrying out of their assemblies and meetings;
c) undersigning along with the Vice-Presidents the minutes of the General
Assembly and depositing said minutes at the Permanent Secretariat where
they may be consulted by any member;
d) causing the Permanent Secretariat to distribute the Steering Committee
minutes and undersigning a copy thereof along with the Vice-Presidents after
circulation;
e) defining the overall strategy in the conduct of WAIPA’s affairs and advising
the Executive Director in the implementation of projects;
f) conducting high-level institutional affairs to the benefit and in furtherance of
WAIPA´s objectives;
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g) legally representing WAIPA on out-of-court matters as well as in litigation;
h) requesting information or reports to specific commissions;
i) authorizing the Executive Director to dismiss personnel;
j) exercising the casting vote in the event of any equality of votes at any meetings.
3. The Vice-Presidencies shall support and advice the President in all of the above
matters, and shall be also responsible for:
a) substituting the President in the meetings, in the event of his absence;
b) deciding, along with the President, the host of a WAIPA World Investment
Conference, upon consultation of Directors of the Steering Committee;
c) coordinating specific commissions that might be created by the Steering Committee.
Article XXVII
The Presidency and Vice-Presidency may be revoked by vote of 2/3 of the General
Assembly, provided, however, that such vote be first proposed by a signed motion of
at least 10 Members. The same session that revokes the Presidency must establish
his successor amongst the Vice-Presidencies. In the case of revocation of a Vice-
Presidency, the same session revoking this Vice-Presidency must indicate the
successor thereof amongst the remaining Members of the SteeringCommittee.
Article XXVIII
Shall the Members holding the Presidency or the Vice-Presidencies resign:
a) the successor to the Presidency shall be the one Vice-President which, in
the judgment of the Steering Committee, is best suited to lead WAIPA;
b) the successor to a Vice-Presidency shall be appointed by the remaining
members of the Steering Committee.
CHAPTER VIII
The Consultative Committee
Article XXIX
1. The General Assembly deems appropriate that WAIPA shall have a subsidiary
body to be named the Consultative Committee, the members of which shall be
appointed by the Steering Committee.
2. The Consultative Committee shall advice the Steering Committee in the
implementation of the WAIPA Program, according to the consulting terms defined by
the latter.
3. The Consultative Committee of WAIPA consists of:
a) United Nations Conference on Trade and Development (UNCTAD);
b) United Nations Industrial Development Organization (UNIDO);
c) International Economic Development Council (IEDC);
d) Organization for Economic Cooperation and Development (OECD);
e) Foreign Investment Advisory Services (FIAS);
f) Proinvest.
CHAPTER IX
Budget and Expenditure
Article XXX
The Permanent Secretariat shall prepare a budget for the administration of the
affairs of WAIPA and shall submit it to the Steering Committee prior to the General
Assembly for approval.
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Article XXXI
The financial resources of WAIPA shall be made up of membership fees, third
party financial support, voluntary donations, sponsorship fees, payments received
for products or services rendered as well as of any other earnings or support not
contrary to law.
Article XXXII
The Chairperson of the Steering Committee or any other person that may be
appointed by the General Assembly may accept such voluntary donations as may
be offered to WAIPA, provided that no condition contrary to the aims and interests
of WAIPA is attached to such voluntary donations and the donation is disclosed
immediately to the Members of the Steering Committee.
CHAPTER X
Dissolution of WAIPA
Article XXXIII
1. Only a special General Assembly of Members which is called solely for this
purpose shall decide about the dissolution of WAIPA.
2. The dissolution approval requires, at least, 3/4 of all Members.
CHAPTER XI
General Provisions
Article XXXIV
1. A membership may be revoked by vote of 2/3 of all Members of WAIPA,
provided, however, that such vote be first proposed by a signed motion of at least
20 Members.
2. The exclusion of a Member shall be deliberated by the General Assembly in a
secret vote and after having listened to the justifications of the interested parties.
Article XXXV
The Association shall cooperate with governments, business organizations and
other international bodies. In particular, it is intended that besides the specific
relationship with the organizations referred to in Article XXIX 3, WAIPA shall establish
working relations with other organizations in the United Nations system which have
relevance to its objectives.
Article XXXVI
The working language of WAIPA shall be English. Other languages may be used if
resources permit.
Article XXXVII
The liability of WAIPA shall be limited to the amount of its assets. The liability of
WAIPA shall not extend to the personal liability of its officials.
Article XXXVIII
In the event that WAIPA is to be wound up, all assets shall be distributed among
the members of WAIPA, proportionately to the payment of their subscription over
the last three years to the Association, and shall be prorated accordingly. The
proceedings shall be in accordance with the applicable laws and by the courts of the
seat of WAIPA.
Article XXXIX
Any dispute between WAIPA and a Member or Associated Member, which is not
settled amicably, shall be settled in accordance with the laws and by the courts of
seat of the WAIPA.
Article XL
1. Any question which may arise concerning the interpretation or application of
these Statutes shall be decided by a vote of two-thirds of the Steering Committee.
2. If the Steering Committee fails to resolve such a question, the matter shall be
submitted to the General Assembly, whose decision shall be final.
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Article XLI
1. These Statutes may be amended on the following conditions:
a) A written request shall be made to the Permanent Secretariat by at least ten
Members;
b) The proposed amendment shall not be submitted to the General Assembly
until all the Members have been duly notified of it, at least three months prior to
the date of the meeting at which it is to be considered.
2. Any such proposed amendment shall be approved by a majority of two-thirds of
the Members present at the General Assembly and entitled, as per these Statutes,
to vote and who shall determine the date of its adoption.
3. These Statutes go into force and effect on January 1st, 2010.
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