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WAIPA Annual Report 2009 1

WAIPA Annual Report 2009 1

WAIPA Annual Report 2009

Note

The WAIPA Annual Report 2009 was

produced by the WAIPA Permanent

Secretariat.

WAIPA would like to thank all those

involved in the preparation of this

report for their various contributions.

For further information on WAIPA,

please contact the WAIPA Permanent

Secretariat at the following address:

WAIPA Permanent Secretariat

International Environment House 2

9, Chemin de Balexert

1219 Châtelaine – Geneva

Switzerland

Carlos Bronzatto

WAIPA Executive Director

E-mail: carlos.bronzatto@waipa.org

Tel: +41 22 797 26 65

Fax: +41 22 796 61 55

Zofia Witkowska

WAIPA Membership Coordinator

E-mail: Zofia.Witkowska@waipa.org

Tel.: +41 22 797 26 63

Fax: +41 22 796 61 55

www.waipa.org

WAIPA Annual Report 2009 3

WAIPA Annual Report 2009

WAIPA President’s Foreword

Message from United Nations Conference on Trade and Development UNCTAD

Message from International Economic Development Council IEDC

Message from Organisation for Economic Co-operation and Development OECD

Message from Pro-invest

Message from World Bank - ICAS

Facts about WAIPA

WAIPA Activities

WAIPA World Investment Conference 2009

WAIPA Regional Events

WAIPA Training Events

Other Events

WAIPA Steering Committee

WAIPA Consultative Committee

WAIPA Audit Report

WAIPA Balance Sheet as of December 31, 2009 (US dollars)

WAIPA Statement of Income and Expenses 2009 (US dollars)

WAIPA Directory

WAIPA Statutes

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WAIPA Annual Report 2009 5

WAIPA Annual Report 2009

Alessandro

Teixeira

President, World

Association of

Investment Promotion

Agencies (WAIPA)

President, Brazilian

Trade and Investment

Promotion Agency

(Apex-Brasil)

Dear WAIPA

Members and colleagues,

The world economy has

experienced major upheavals

and continues - almost weekly

- to face new perils. Financial

markets nearly collapsed,

governments decisively

intervened. Investment flows

were drastically reduced.

An economic recovery has

since begun, but at different

paces. Its sustainability - in the

long term - remains subject

to doubt: high public debt of

mature economies now adds to

a long list of matters requiring

attention. As finance ministers

and central bank governors

overhaul banking regulation, at

the country level, and tighten

oversight, on a multi-lateral

level, inequitable governance

structures remain.

In financial markets, once

prevailing free-market

concepts such as the

“self-interest” of banking

organizations to protect its

investing public, the belief on

the “wisdom of markets” and

others have all combined to

afflict severe losses to the real

economy. Historical series and

econometric forecasting – as

we have painfully learned –

may no longer be comfortably

relied upon; mathematical

modeling and ratings have

been proven ineffective, if not

biased.

While true reform of the world’s

financial architecture may be

years ahead, certain trends are

visible already. Older schools

of economic thinking stage a

come-back, as others fall out

of favor. Going forward, the

state should play a stronger

role in the economy. Geoeconomics

are also shifting.

As the balance of power tilts

WAIPA Annual Report 2009 7

WAIPA Annual Report 2009

towards the emerging world, world

wealth begins to change hands.

Larger portions of world trade and

investment stock find new ownership.

Opportunities lie in the fact that new

growth patterns may actually warrant

resources to aid poverty reduction,

a shared goal of all (developed and

developing nations). And, as the world

now welcomes innovative thinking,

collaborative efforts and fresh ideas -

sustainable development, responsible

investing and inclusive growth - all

stand a good chance of materializing.

But many challenges lie ahead …

From the perspective of WAIPA,

these challenging new times could

only be met with a bold, innovative

and collaborative spirit. As the most

legitimate actor on the investment

promotion world stage, it was clear

that our task was to prepare WAIPA

to achieve its full potential and start

leading the way into the future. We

believe the hard initial steps have

been taken.

It is now our hope that our Member

IPAs also take bold steps, that IPAs

open up to innovative thinking, that

IPAs unite in a collaborative spirit,

joining efforts with WAIPA and other

international organizations without

losing sight of their local partners …

Ever more proactive investment

promotion is required. Tougher

competition for investment projects

calls for collaborative initiatives with

other branches of governments so

that more refined interaction and

more targeted campaigns result in an

increased likelihood of “selling” your

destination. We understand that it

is incumbent upon IPAs to keep the

dialogue channels open with key

governmental offices and to promote

consultation with civil society on

legislative and regulatory changes

needed to improve the business

environment. Further, Member

IPAs must strive for transparency,

accountability, qualified human capital,

stronger advocacy and relentless

aftercare. Those are, unarguably, the

essential tools to retain and to serve

existing investors as well as to attract

new ones.

Our current administration of WAIPA

has proactively sought to improve the

quality of its activities for Members,

has assumed a more critical outlook of

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

as they are out - on the field - striving to

deliver effective strategies to promote

their destination and attract a new project.

The Apex-Brasil Presidency of WAIPA

has embraced cooperation and put a high

value on collaborative efforts. Not only in

the context of South-South cooperation,

but in more traditionally known channels

of world cooperation, as in the so-called

North-South dialogue.

We engage in inter-governmental

consultation and bring to the attention

of governments the importance of

supporting IPAs. We seek to bring

governments to the table to negotiate

regulatory reforms and discuss ways to

make their economies more attractive

to FDI. We suggest the participation of

international organizations in advising

governments to improve business

climates, as well as in advising IPAs on

how to create local linkages to further

spread the benefits of in-coming FDI.

We encourage the adjustment of the

investment needs of a destination

with available investment sources. We

point to public-private partnerships as

viable alternatives for funding projects.

In short, we have steadily dedicated

our time and efforts towards making

FDI flow smoother streams and have

strongly emphasized the imperative of

always seeking to obtain positive spillover

from in-coming FDI.

Furthermore, the renewed critical role

played by WAIPA in identifying good

practices, enhancing the quality work

by IPAs, building the capacity of human

resources to deliver tailor cut promotion

actions - based on the countries’ needs

- has begun to substantially help our

IPAs’ Members to efficiently respond to

investors´ needs without losing sight of

their countries’ needs.

Since assuming the Presidency

of WAIPA late april 2008, we have

dedicated ourselves to restructuring

the framework of WAIPA to achieve

further growth. The institutional

strengthening of WAIPA has always

led our agressive agenda. To this end,

we have not limited efforts to make the

best of this distinguished organization,

preparing it for the future. WAIPA

events and actions have reached

unprecedented dynamism. The WAIPA

Annual Report 2009, which I am very

honored to present to you, illustrates

all of this.

WAIPA Annual Report 2009 9

WAIPA Annual Report 2009

Supachai

Panitchpakdi

Secretary-General of

UNCTAD

Dear WAIPA members,

The past year has been

challenging for many

investment promotion agencies

(IPAs). The impact of the

financial and economic crisis

on foreign direct investment

(FDI) is still being felt, and IPAs

are experiencing increased

competition in attracting new

investment projects. There

are, however, signs that the

environment for international

investment is slowly improving.

This is a good time for IPAs to

take stock of the situation and

decide on their future direction.

UNCTAD has been closely

following the effects of the

global economic crisis,

making periodic assessments

of global FDI flows and

investment policies. UNCTAD

also launched its Global

Investment Trends Monitor and

Investment Policy Monitor, to

be released quarterly, to keep

the investment community,

including IPAs, informed about

the latest developments in FDI

flows and policy directions.

Technical cooperation activities

with IPAs have focused on

re-strategizing investment

promotion in light of changing

FDI determinants, shifting TNC

strategies and the increased

importance of emerging

economies.

In this connection, UNCTAD

and WAIPA last year jointly

organized a number of events

for investment promotion

officials. During the May

2009 UNCTAD-WAIPA

Investment Conference in

Geneva, the impact of the

crisis on FDI and the work

of IPAs featured high on the

agenda, and subsequent joint

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

Investment Summit; tripartite sessions

with chief strategists from global

companies, senior government officials

and heads of IPAs; the International

Investment Agreements Conference;

and the Sustainable Stock Exchanges

2010. The Forum, which will be

held back-to-back with the China

International Fair for Investment and

Trade (8-11 September), will provide

an unusual platform for acquiring

strategic insights into investments in

sustainable development.

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.

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

Chair,

International

Economic

Development

Council

Vice President,

PNC Bank

Dear WAIPA members,

IEDC is proud to serve

as a member of WAIPA’s

Consultative Committee.

In the previous year, IEDC

and WAIPA enjoyed new

growth through collaborative

opportunities. In 2010, we

will continue to cooperate in

many ways, with the common

goal of enhancing mutual

attendance of events, promote

knowledge sharing, and

focusing on translating IEDC’s

body of expertise in economic

development best practices to

the wider WAIPA membership.

Global economic indicators

accurately projected reduced

volume of foreign direct

investment for 2009. In

fact, FDI flows to developed

countries declined roughly

39 percent compared to the

previous year. While 2009

presented tough economic

conditions for all, good news is

on the horizon. Macroeconomic

indicators show signs that

the overall environment for

international investment is

improving. These conditions

will encourage companies

to increase international

investment in 2010, which in

turn should lead to an increase

in FDI. Our organizations must

work collaboratively to create

awareness and encourage

capacity building to help

prepare for these projected

growth opportunities.

It is also important to recognize

that the economic recovery

is in its early stages and

much work is still to be done.

In an effort to hold back the

domestic effects of the global

downturn, many countries

turned to economic stimulus

measures to keep job creation

in competitive industries on

life support. Our organizations

WAIPA Annual Report 2009 15

WAIPA Annual Report 2009

must communicate with one another to

better understand how these stimulus

measures are impacting the economy

on the micro and macro level. The

knowledge sharing opportunities

provided by WAIPA/IEDC cooperation

are a valuable foundation for staying

informed on the industry sectors,

financial institutions, and public sector

programs targeted by our respective

approaches to domestic economic

stimulus. These are just a few of the

ways that bilateral knowledge-sharing

will be beneficial to both organizations.

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.

In turn, IEDC’s membership gains

exposure to high level players in the

trade and investment fields from a

growing cadre of competitive

emerging economies.

Steps were taken this past year

towards enhancing synergies to

build capacity among our respective

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

Programme Manager

Dear WAIPA members,

We at Pro€Invest are happy

to be associated with the

numerous efforts of WAIPA.

Our first contact with WAIPA

was in 2003 when Pro€Invest

organised a networking and

image building workshop for

ACP IPAs in Africa, Caribbean

and Pacific (ACP) countries

within the annual conference

of WAIPA in Geneva. Other

conferences/workshops,

including the funding of the

WAIPA Study Tour during 2004

have since been realised.

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. One of our

long term objectives will be to

promote partnerships between

ACP and EU IPAs such that

joint promotion and investment

projects can be initiated and

implemented by them, resulting

in reinforced capacities of the

former.

Pro€Invest is an EU-ACP

partnership programme for

the promotion of investment

and technology flows in the

ACP countries undertaken by

the European Commission on

behalf of the ACP Group of

States. It is financed under the

8th European Development

Fund and managed by an

autonomous unit within the

Centre for the Development

of Enterprise under the

supervision of EUROPEAID,

the Cooperation Office of the

European Commission. It was

launched in 2002 with a budget

of EUR 110 million over 7

years and has been extended

to 31 March 2011.

WAIPA Annual Report 2009 19

WAIPA Annual Report 2009

The programme offers institutional

strengthening support to Intermediary

Organisations (IOs) and Regional

Organisations through the following

activities:

Technical assistance

Offered for capacity building projects of

IOs in ICT and non-ICT areas to help

them

- Bring together their partners

- Draft their strategic plans

- Develop action plans for their

projects, and

- Implement identified capacity

building interventions

There is a limit of € 200,000

per intervention.

An e-Community Knowledge Centre

Whose scope aims at

1. Building an interactive network

between ACP and EU/international

actors.

2. Provision of information and ICTrelated

capacity building activities.

Hence the IOs are able to:

1. Attain better and wider visibility

with international and European actors

2. Exchange best practices

3. Increase credibility with

international and European actors

Technical Assistance to Regional

Economic Groupings and international

Organisations Whose scope is to:

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

Director, Investment

Climate Department

World Bank Group

Dear WAIPA members,

The FDI marketplace has

changed significantly since

the global financial crisis and

many countries are struggling

to come to grips with this new

reality. The year 2008 saw the

end of what had been a period

of rapid FDI growth worldwide,

with FDI flows declining by

around 20%, and further

decline in 2009. Developed

and developing countries alike

have shared in this decline.

Although we are now seeing

some signs of recovery, it may

take a while to return to precrisis

FDI flows.

Many governments have

realized that now is the time to

improve their FDI environment

through sustained reform

of their investment climates

and enhanced information

and service delivery to

potential investors. We have

seen a significant rise in

demand for assistance for

investment climate reform,

and working in partnership

with our fifteen donors and

other international agencies,

we have strengthened our

delivery capacity in the

areas of Doing Business

Reform Advisory, Secured

Transactions, Business Tax

Simplification and Trade

Logistics. In our investment

promotion work, we have

shifted our emphasis more

towards investor aftercare

and the retention of existing

jobs and towards generating

investment in specific sectors

that reflect viable opportunities

for our clients, particularly

agribusiness.

We have also continued to

improve our efforts to measure

the impact of what we do.

During fiscal year 2009, we

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 industryfocused

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

een extremely well received by

governments and their institutions and

has become a driver for improvements

in information delivery by investment

promotion agencies.

Looking forward, an exciting

development for us in 2010 will

be the release this summer of our

first Investing Across Borders (IAB)

Indicators report. The IAB will highlight

the differences among countries in

their regulatory treatment of FDI in four

key areas – sector openness to FDI,

starting a foreign business, access

to land, and access to arbitration.

The report will provide measures of

the characteristics of laws and the

efficiency of administrative processes

for FDI in 87 countries. Future reports

will see the number of countries

covered grow. We hope that the IAB

will become an important source of

global information for all countries on

important FDI policy issues.

WAIPA Annual Report 2009 25

WAIPA Annual Report 2009

The World Association of Investment

Promotion Agencies (WAIPA) was

established in 1995 and is registered

as a non-governmental organization

(NGO) in Geneva, Switzerland.

As of the 31st of December 2009, the

Association had 243 member agencies

from 158 countries.

Since its inception, WAIPA has

dedicated time and effort towards

building the human resources capacity

of its Member agencies. Training

events have been organized by

WAIPA, alone or in coordination with

partner organizations. Through its wide

range of activities, WAIPA provides

investment promotion agencies (IPAs)

with the opportunity to network and

exchange best practices in investment

attraction.

Membership is open to all entities the

primary function of which is “to promote

any country, political sub-division of a

country or other uncontested territory,

as a destination for, or source of,

investments “(Article III of the WAIPA

Statutes)”. Membership is open to

other organizations (whether of a

public or private nature) that share

similar objectives with WAIPA as set

out in Article II of the WAIPA Statutes.

Regional institutions, companies and

professional associations may also

become Associated Members.

The objectives of WAIPA, as broadly reflected

in Article II of the Association’s Statutes are to:

Assist IPAs in

1

advising their

respective governments

on the formulation of

appropriate investment

promotion policies and strategies;

Share country

2

and regional

experiences in

attracting foreign

investment and enhancing

outward investments;

Strengthen

3

information

gathering systems,

promote the efficient use

of information and facilitate

access to data sources;

Facilitate access to

4

technical assistance

and promote

training of IPAs.

Promote and

develop understanding

and cooperation

amongst IPAs; 5

Partners of WAIPA:

WAIPA partners can be international

organizations, multilateral agencies or

other non-governmental organizations

(with local or international focus),

think tanks, consultancies and

universities. Partnerships with WAIPA

WAIPA Annual Report 2009 27

WAIPA Annual Report 2009

are established based on mutual

needs, in terms of WAIPA events,

WAIPA training activities or WAIPA’s

technical assistance efforts. Technical

assistance and training initiatives of

WAIPA are generally conducted in

coordination with, or with the support

of, our partners.

Generally, WAIPA seeks to coordinate

its efforts with the organizations that

are members of its Consultative

Committee, which are:

- Investment Climate Advisory

Services (ICAS) of the World Bank

Group;

- Internation Economic Development

Council (IEDC);

- Organization for Economic

Co-Operation and Development

(OECD);

- ProInvest;

- United Nations Conference on

Trade and Development (UNCTAD);

and

- United Nations Industrial

Development Organization (UNIDO).

How do WAIPA

members benefit

Membership in WAIPA involves the

payment of an annual fee. Fees are as

follows:

a) Members:

• Tier I Countries (Countries with a

GDP per capita of up to 2,500 USD):

2,500 USD.

• Tier II Countries (Countries with a

GDP per capita ranging from 2,501

USD through 12,500 USD):

3,000 USD.

• Tier III Countries (Countries with a

GDP per capita over 12,500 USD):

3,500 USD.

b) Associated Members:

3,500 USD.

Members benefit from different types

of activities and services, such as

networking through meetings, seminars

and conferences; training, capacitybuilding

and best practices exchange

workshops and study tours; and also

publication of regular periodicals and

special reports.

Publications

WAIPA Members regularly receive the

following:

- The On-Line WAIPA NewsFlash (a

bi-monthly e-mail distribution);

- The WAIPA Annual Report of

Activities;

- WAIPA WIC Facts and Figures;

- WAIPA News Alert (Off-and-

On E-Mail Delivery of News,

Announcements, Surveys etc.)

Where do WAIPA

members come from

Afghanistan, Albania, Algeria, Angola,

Anguilla, Antigua and Barbuda,

Argentina, Armenia, Aruba, Australia,

Austria, Azerbaijan, Bahrain,

Bangladesh, Barbados, Belarus,

Belgium, Belize, Benin, Bolivia,

Bosnia-Herzegovina, Botswana,

Brazil, Bulgaria, Cameroon, Canada,

Cape Verde, Cayman Islands,

Chile, China (The People Republic

of), Colombia, Congo (Democratic

Republic or the), Costa Rica, Cote

d’Ivoire, Croatia, Cuba, Curacao

(Netherlands Antilles), Cyprus, Czech

Republic, Denmark, Djibouti, Dominica,

Dominican Republic, Ecuador, Egypt,

El Salvador, Estonia, Ethiopia, Faroe

Islands, Fiji, Finland, France, Gabon,

Gambia, Georgia, Germany, Ghana,

Greece, Grenada, Guatemala, Guinea,

Guyana, Haiti, Honduras, Hong Kong,

Hungary, Iceland, India, Indonesia,

Iran (Islamic Republic of), Iraq,

Ireland, Israel, Italy, Jamaica, Japan,

Jordan, Kazakhstan, Kenya, Kiribati,

Korea (Republic of), Kosovo, Kuwait,

Kyrgyzstan, Latvia, Lebanon, Lesotho,

Libya, Lithuania, Macao, Macedonia,

Madagascar, Malawi, Malaysia,

Maldives, Mali, Malta, Mauritania,

Mauritius, Mexico, Moldova (Republic

of), Mongolia, Montenegro, Morocco,

Namibia, Nepal, Netherlands, New

Zealand, Nicaragua, Niger, Nigeria,

Oman, Pakistan, Palestinian National

Authority, Papua New Guinea,

Paraguay, Peru, Poland, Portugal,

Qatar (State of), Romania, Russian

Federation, Rwanda, Saint Kitts and

Nevis, Saint Lucia, Saint Vincent and

the Grenadines, Samoa, Saudi Arabia,

Senegal, Serbia, Seychelles, Sierra

Leone, Slovakia, Slovenia, Solomon

Islands, South Africa, Spain, Sri Lanka,

Sudan, Suriname, Swaziland, Sweden,

Tajikistan, Tanzania (United Republic

of), Thailand, Tonga,Tongo, Trinidad

and Tobago, Tunisia, Turkey, Turks

and Caicos Islands, Uganda, Ukraine,

United Arab Emirates, United Kingdom,

United States of America, Uruguay,

Uzbekistan, Vanuatu, Venezuela,

Vietnam, Yemen (Republic of), Zambia

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

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.

The XIV Annual WAIPA World

Investment Conference 2009

on “Global Investments:

Charting the Recovery Map”,

took place in Milan, Italy, at

Palazzo Mezza Note, and was

jointly organized by the WAIPA

Permanent Secretariat and

the hosts, PROMOS Milan, a

Special Agency of the Milan

Chamber of Commerce.

The Conference brought

together heads of state and

other government officials,

investment promotion

agencies, chief executives

from the corporate world,

opinion-makers from

academia and journalists to

discuss new approaches to

investment assistance. The

event included the following

panels: “High Tide of Public

Stimulus, Fresh Streams

of FDI”; “Changing Wind

Patterns: Assets Uncovered,

Strategic Alliances Unveiled,

Entry Barriers Removed”;

“Re-Building the Financial

Landscape: Enhancing FDI

Flows” and, finally, a panel that

provided foresight into future

FDI flows, that gave the WAIPA

World Investment Conference

its name, “Global Investments:

Charting the Recovery Map”.

During the three-day

conference, more than

300 participants, including

about 160 representatives

from all around the globe,

debated through a series

of discussion sessions the

changes implanted in the

world investment system by

government reaction to the

economic crisis, but also by

new players that have been

gaining importance and

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 worldclass

economists, such as Alessandro

Teixeira, President of WAIPA; Hans

Eichel, Former German Minister of

Finance; Mohammed Abdul Aziz

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.

WAIPA World Investment

Conference 2009

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

WAIPA Annual Report 2009

2nd WAIPA Regional Meeting

for South America

25-26 March, 2009, Medellin, Colombia

The 2nd WAIPA Regional

Meeting of South American

IPAs took place in Medellin,

Colombia, following the

successful results of the first

meeting held on August 28th,

2008. The WAIPA regional

event was organized in

Medellin, Colombia, on the

occasion of the 50th General

Assembly of the Inter-American

Development Bank (IBD), by

Agencia de Cooperacion y

Inversiones de Medellin y Area

Metropolitana (ACI) and under

the responsibility of WAIPA

Regional Director for South

America, ProsperAr, presided

by Dr. Beatriz Nofal.

The event took place at the

convention facilities of the

Medellin Botanical Gardens

and gathered 18 IPAs from

South America and one

representative from the

Caribbean, the Cayman

Islands Investment Bureau.

This 2nd WAIPA Regional

Meeting of South America was

the ideal space to achieve a

promotion strategy for South

America as a foreign direct

investment destination. The

participants discussed the

contents and the format of the

document Why South America,

a joint effort of 10 South

American IPAs.

The Medellin Municipality

shared its experience in terms

of image building and social

policies that have helped

put Medellin back into the

investment map. ACI, as one

WAIPA sub-national members

from Colombia, represents

nowadays a valuable and

replicable model for its

Latin American sub-national

IPA peers. By sharing its

experience, ACI contributed

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

event exceeded the expectations

of the joint-organizers, the United

Nations Conference on Trade and

Development (UNCTAD) and WAIPA.

The event took place at the convention

facilities of the Kunduchi Hotel, outside

of Dar Es Salaam, and counted on the

presence of a total of 18 IPAs among

which the East African agencies of

Uganda, Rwanda, Kenya, Zanzibar

and Tanzania, the host, the Central

African’s Democratic Republic of

Congo’s ANAPI, the West African

countries of Senegal, Sierra Leone

and Gambia were also present along

with representatives from South African

sub-national IPAs and Lesotho’s

LNDC.

A representative from SAGIA (Saudi

Arabia) also participated. The event

covered hands-on training by FDI

Intelligence and UNCTAD and

presentations from the Investment

Climate Facility for Africa the East

African Community (EAC) and the

WAIPA Secretariat.

The importance of this WAIPA East

African event and the timeliness of

the issues addressed in the trainings

and the speeches were highlighted

by WAIPA Vice-President in the local

press. There as extensive local media

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

Investment Promotion Agencies of

Latin America and the Caribbean was

held in Rio de Janeiro on December

14th – 16th, 2007, under the initiative

of Apex-Brasil, Brazilian Exports and

Investments Promotion Agency. This

first meeting promoted a discussion

about the importance and the necessity

of inter-regional trade as a key element

of economic growth in the region.

In this context, El Salvador, through

CONADEI, the National Commission

for the Promotion of Exports and

Investments, which brings together the

agencies EXPORTA El Salvador and

PROESA, proposed to host a second

meeting to discuss the issues related

to the inter-regional trade, and in

particular, “Infrastructure and Services

for Trade and Investment - the Key

Elements of Competitiveness”.

The event brought together more than

35 delegations from IPAs and trade

promotion organizations of

more than 18 countries of Latin

America and the Caribbean,

promoting and interactive discussion

on the impacts of the global financial

crisis on emerging economies and the

role of infrastructure development in

crisis mitigation and in fostering trade

and investment.

During the event, WAIPA convened

a regional meeting that counted on

participation of 16 Central American

and Caribbean IPAs. The discussion

was mainly focused on regional

investment promotion policies and

WAIPA regional integration activities.

WAIPA Annual Report 2009

WAIPA Regional

Meeting for

European Union

26 May 2009, Madrid, Spain

The Madrid Working Session,

organized under the Directorship of

Invest in Spain, took place on May 26,

2009. WAIPA President Mr. Alessandro

Teixeira opened the session with a

brief report of initiatives taken and in

the works by WAIPA.

The meeting was focused on European

IPAs. Invest in Spain presented its

initiative, a draft of a document entitled

Why Europe, which aims to create a

marketing piece for Europe as a whole

to serve as an investment guide for

distribution.

Germany Trade and Invest presented

the initiative entitled European

Scoreboard, which was jointly

conducted by Invest in France Agency

and by Germany Trade & Invest. These

two documents provoked an interesting

discussion with regard to the data that

should be included in such investment

promotional guides. As a result, a

working group was created in order

to proceed with the preparation of the

Why Europe document.

WAIPA Secretariat introduced the

work done in connection with reform of

WAIPA’s Statutes.

Among IPAs present were Netherlands

Foreign Investment Agency, Invest

in Sweden Agency, PROMOS Milan,

Cyprus Investment Agency, Investment

and Development Agency of Latvia,

New Zealand Trade and Enterprise,

Slovak Investment and Trade

Development Agency, PROMEXICO,

PromoMadrid and IDEA from Spain.

WAIPA Regional

Event for Eastern

Europe

23-24 November, 2009, Ljubljana,

Slovenia

The Public Agency of the Republic

of Slovenia for Entrepreneurship and

Foreign Investments (JAPTI) hosted

the WAIPA Regional Meeting for the

Eastern European IPAs, the 1st WAIPA

Focus Forum, under the theme: “Focus

on Investment Incentives”.

The meeting counted on the

participation of the Ministry of Finance

of the Republic of Slovenia, which,

along with JAPTI shared the host

country’s experience with respect

to financial incentives in foreign

investment attraction.

The Investment Climate Advisory

Services, of the WorldBank,

represented by Sebastien James

shared their recent research work in

this area and analyzed their findings

in the presence of all attendants.

Based on both his consulting work

and his academic background in the

field, Mr. Henry Loewendahl, from FDI

Intelligence, shed some light on how

corporations factor incentives into their

decision making, analyzed different

type of incentives, guiding us through

the ins and outs of the negotiation

an incentive scheme with investing

corporations.

Professor Kenneth Thomas shared

the views of the Global Subsidies

Initiative of the International Institute

for Sustainable Development and,

questioned whether incentives may

be tailored in such a way as to attract

sustainable investments.

This varied group of recognized experts

provided the backdrop - against which

- attending IPAs were able to compare

their country experiences with the

outcome of their research and their vast

field experience. WAIPA earmarked

four time slots in the first day of the

meeting for experience sharing by its

IPA members.

3rd WAIPA

Regional Meeting

for South America

1-2 December, 2009, Buenos Aires,

Argentina

This third WAIPA Regional Meeting

of South American IPAs followed

earlier meetings that took place in

Buenos Aires, Argentina, and in

Medelin, Colombia, in 2008 and

2009, respectively. The event was

hosted by the WAIPA Directorship for

South America, held by the Agência

Nacional de Desarollo de Inversiones,

Prosperar, presided over by Dr. Beatriz

Nofal.

The UNCTAD-led 2nd Capacity

Building Workshop for the South

American IPAs on “Investor Targeting

in the Services Sector” took place

during this WAIPA Regional Meeting,

enhancing the capacity of IPAs at

the national and sub-national levels.

Through this workshop, participants

gained a better understanding of how

investor targeting is conducted and

how these investments may benefit

already established companies,

fostering economic development of

specific locations through the creation

of valuable employment.

The WAIPA South American Chapter

invited speakers from both sides of

the FDI scene: IPAs and the investing

firms. The IPAs representatives

commented on their investor targeting

work and the services sector firm

addressed the factors that made a

certain location attractive and highlight

the role played by the IPA in their

decision making.

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

for North American IPAs ushered in

a series of other meetings in North

America. The meeting brought

together various sub-national

IPAs and economic development

organizations, as well as national IPAs

from North America.

ProMexico, as WAIPA Regional

Director for North America, hosted

the regional meeting. The General

Director of ProMexico, Mr. Bruno

Ferrari, chaired the event jointly with

WAIPA President, Dr. Alessandro

Teixeira, who presented the current

FDI flows perspective and the role of

emerging economies in establishing of

a new balance of economic power.

The participants emphasized that we

must strengthen promotion entities

and implement the knowledge gained

through information exchange, in

order to get better results both locally

and globally.

During the meeting, representatives

from different promotion agencies

discussed their role in economic

recovery as well as the various

strategies that will lead to constant

and specialized aftercare for

businesses that are already

established in various countries.

Training sessions and experience

sharing were provided on the two

complementary sides of FDI: the

attraction of new flows and the

attention to the established stockpiles.

How to tailor a targeting campaign, on

one end, was presented by Katerina

Sokolova, of OCO Consulting, whereas

Dr. Barbara Samuels, of the Clearing

House for Development Finance,

tackled, on the opposite end, the after

care measures needed to maintain

FDI stock already established.

ProNicaragua exposed its successful

experience in a project with Inter-

American Development Bank in the

area of investment promotion policies.

WAIPA Regional Meeting

for North America

WAIPA Annual Report 2009

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,

the investment promotion agencies

from the South-American countries

presented their first integrated action

for the attraction of investment to

South America during an international

investment conference in France.

The La Baule Conference is held once

a year by the /Europe+ Foundation,

under a partnership with the European

Commission and this year’s theme

was “Investing in Global Cities:

Opportunities in Adversity”. Brazil,

Argentina, Uruguay, Paraguay, Chile,

Colombia and Ecuador were present

at the conference and at the joint 100

m2 booth. The regional IPAs also

promoted a workshop “South America

as a Key Destination for Foreign

Investments”. The publication Why

South America was launched during a

thematic dinner devoted to South America.

WAIPA also had its institutional

booth at the La Baule Conference

and, for the first time, delivered its

“WAIPA Personality Award”, for the

contribution to the development of the

global investment framework, to the

Minister of the Economy of France,

Christine Lagarde.

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

at La Baule Conference, WAIPA and

its South American member IPAs

undertook a second joint action aimed

at disseminating South America as

a destination for foreign investment

under the slogan “Why South

America”, at 13th edition of CIFIT.

As the only regional investment

partnership in CIFIT 2009,

Argentina, Brazil, Peru, Colombia,

Ecuador and Uruguay joined

hands in the South America

Pavilion. During the four days of

the event, nearly 200 potential

investors visited the South America

booth, and more than a 100

companies had one-on-one indepth

discussion, focusing on the

areas of agribusiness, biofuels,

mining, energy, etc. The South

American IPAs also participated in

a joint seminar presenting different

investment opportunities existing in

their countries.

WAIPA and CIPA, an investment

promotion agency of the Ministry

of Commerce of China (MOFCOM)

jointly organized the International

Investment Promotion Agencies

Roundtable Conference on

the theme “High Tide of Public

Stimulus, Fresh Streams of FDI”,

on September 9th. Government

officials, scholars, businessmen

and Chinese and overseas

investment promotion agencies

participated in an interesting

discussion on the role of the public

finance in the new economy and

on the balance between public and

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

Tour hosted by KOTRA was an

extraordinary opportunity for IPAs

of nine countries (Afghanistan,

Dominican Republic, Maldives,

Mongolia, Nepal, Solomon Islands,

Egypt, New Zealand and Pakistan)

to learn from experience of the

South Korean agency.

The objectives of the Study Tour

were to exchange best practices

and experiences in investment

promotion and to study the whole

range of activities considered

crucial in the fast moving business

of investment promotion.

Those objectives were fully met

through different lectures and open

discussions about the role and

function of KOTRA and Invest Korea

and the introduction of the Foreign

Investment System at KOTRA. The

nine professionals from IPAs have

also experienced different visits to

Incheon Free Economic Zone and

Foreign-Invested Companies in

Korea as well as local Government

Agency (Ulsan City) and Industrial

Site Tour (Hyundai Heavy Industries

and Hyundai Motors).

In the Study Tour Evaluation

Questionnaire, the training was

considered as an exceptional

learning experience for all the

participants. The event was also

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

Presidency

Mr. Alessandro Teixeira,

ApexBrasil, Brasil

Vice-presidency

Mr. Emmanuel D. Ole-Naiko,

Tanzania Investment

Centre, Tanzania

Vice-presidency

Mrs. Aparna Dutt Sharma,

India Brand Equity

Foundation, India

Regional

Directorships

AFRICA

Mrs. Marthe-Angeline Minja,

Investment Code

Management Unit, Cameroon

MENA

Mr. Mohammed Ahmed Hussein

Yahya, General Investment Authority,

Republic of Yemen

EU

Mr. Javier Sanz, Invest in Spain, Spain

EASTERN EUROPE

Mr. Mr. Csaba Kilián ITD Hungary,

Hungary

SOUTH AMERICA

Dr. Beatriz Nofal, PROSPERAR,

Argentina

CENTRAL AMERICA AND THE

CARIBBEAN

Mr. Mariano Olazabal, PROESA, El

Salvador

NORTH AMERICA

Mr. Bruno Ferrari Garcia de Alba,

Promexico, Mexico

ASIA

Dr. Mr. Noorullah Delawari, Afghan

Investment

Support Agency, Afghanistan

EAST AND SOUTH ASIA

Ms. Xiuhong Ma, Ministry of

Commerce, The People

Republic of China

OCEANIA

Mr. Richard Laverty, New Zealand

Trade and Enterprise, New Zealand

Other Steering

Committee Members

Mr. Floyd Leeuw, Acting CEO,

Invest North West, South Africa

Mr. Igor Plestenjak, Acting Director,

Public Agency of the Republic of

Slovenia for entrepreneurship and

Foreign Investments, Republic of

Slovenia

EX-OFICIO MEMBER

Mr. Kai Hammerich, President,

KA Foreign

Investment Corporation AB,

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

Assets

Cash at banks

Investments in money market funds

Accounts receivable

Prepaid expenses

Fixed Assets

Office equipment

Office furniture

Total Assets

31.12.2009

____________

USD

201’898

278’266

56’863

18’914

____________

555’941

290

667

____________

957

5 56’898

____________

31.12.2008

____________

USD

106’260

272’606

-

17’965

____________

396’831

1’590

1’667

____________

3 ‘257

4 00’088

____________

Liabilities and Reserves

Current Liabilities

Accrued liabilities

Reserves

Accumulated reserves

Total Liabilities

And Reserves

134’956

____________

1 34’956

421’942

____________

421’942

556’898

____________

33’436

____________

3 3’436

366’652

____________

366’652

400’088

____________

WAIPA Annual Report 2009 59

WAIPA Annual Report 2009

Revenues

Subscription fees

Donation

Financial revenues

Exchange gain

Other income

2009

____________

USD

402’517

675’000

6’684

1’565

2’380

____________

1’088’146

2008

____________

USD

261’879

2’448

14’965

4’460

-

____________

283’752

Expenses

Staff salaries and related costs

Public relation and event planning fees

Staff travel

Bank charges and exchange loss

Annual Conference

Regional Conference

Regional meetings

Workshops

Certification costs

Website

Steering committee expenses

Rental expenses

Office expenses

Interest expenses

Exchange loss

VAT non recoverable

Depreciation

Other expenses

521’805

259’119

45’117

2’044

25’362

16’091

25’130

1’828

5’654

4’115

-

32’589

25’136

-

15’402

22’115

2’300

29’049

____________

1’032’856

232’070

32’120

22’479

1’448

1’566

-

4’022

-

2’135

2’395

18’190

16’915

242

-

2’359

8’462

____________

344’403

Surplus/(loss)

for the year

55’290

____________

-60’651

____________

WAIPA Annual Report 2009 61

WAIPA Annual Report 2009

Afghanistan

Afghan Investment Support Agency

(AISA)

Opposite to Ministry of Foreign Affairs,

Kabul

Tel: (93-20)210 34 04

Fax: (93-20) 210 34 02

info@aisa.org.af

invest@aisa.org.af

www.aisa.org.af

Albania

Business and Investment Agency

(Albinvest)

Blv.”Gjergj Fishta”, Pallatet Shallvare,

Tirana Tel: (355-4) 2252 886

Fax: (355-4) 2222 341

info@albinvest.gov.al

www.albinvest.gov.al

Algeria

Agence Nationale de

Développement de Investissement

(ANDI)

27, rue Merbouche Mohamed, Hussein

Dey, B.P. 414 Alger

Tel: (213 21) 77 33 30/31

Fax: (213 21) 77 32 57

information@andi.dz

www.andi.dz

Angola

National Agency of Private

Investment (ANIP)

Rua Cerqueira Lukoki, Nº25, Edificio

do Ministério da Indústria, 9º andar,

Luanda

Tel: (244) 222 39 14 34 / 222 33 12 52

Fax: (244) 222 33 16 28 / 222 39 33 81

info@investinangola.com

www.investinangola.com

Anguilla

Ministry of Finance

P.O. Box 60 Secretariat Second Floor

West The Valley Anguilla

Tel: (1-264) 497 25 47

Fax: (1-264) 497 37 61

www.gov.ai

Antigua and

Barbuda

Antigua & Barbuda Investment

Authority

Sagicor Financial Center No 9, Factory

Road, PO Box 80, St. Jonh’s, Antigua

W.i

Tel: (1-268) 481 1000/1/2/3

Fax: (1-268) 481 1020

enquiries@antigua-barbuda.com

www.investantiguabarbuda.org

Argentina

Secretariat of Promotion of

Investments, Exports and

International Cooperation of

Province of Buenos Aires

Undersecretariat of International

Economic Relationships

430 Bartolomé Mitre St. - 3rd floor

Buenos Aires 1036AAH

Tel: +54 (11) 4342 9040 / 0980

Fax: +54 (11) 4342 4156

info@invertir.gov.ar

www.invertir.ar

WAIPA Annual Report 2009 63

WAIPA Annual Report 2009

Investors Assistance Center,

Economic Development Ministry,

Buenos Aires City Government

Roque Sáenz Peña 832 - Piso 4 °

C1035AAQ

Ciudad Autónoma de Buenos Aires,

Buenos Aires, Argentina

Tel:00 54 11 4131 59 00

Tel.:00 54 11 4323 9802/03

invertir@buenosaires.gob.ar

http://invertir.buenosaires.gob.ar

ProsperAr, National Investment

Promotion Agency

Florida 375, 8th Floor, Suite 8B

(C1005AAG), Buenos Aires

Tel: +(54 11) 4328-9510,

info@prosperar.gov.ar

www.prosperar.gov.ar

Armenia

Armenian Development Agency

17 Charents str. Yerevan, 0025

Tel: (374-10) 57 01 70

Fax: (374 10) 54-22-72

info@ada.am

www.ada.am

Aruba

Department of Economic Affairs,

Commerce and Industry (DEACI)

L.G. Smith Boulevard 160

Tel: 297 582 1181

Fax: 297 583 4494

deaci@setarnet.aw

www.arubaeconomicaffairs.aw

Australia

Invest Victoria

Department of Innovation Industry and

Regional Development, Level 36,

121 Exhibition Street

Melbourne Victoria 3000

Tel : +61 3 9651 8100

Fax: +49 69 66807466 /

+ 61 3 9651 9531

info@invest.vic.gov.au

frankfurt@invest.vic.gov.au

www.investvictoria.com

Australian Trade Commission

(Austrade)

Level 23, AON Tower, 201 Kent Street,

Sydney NSW 2000, Australia

Tel: + 93 90 21 10

Australian Trade Commission

Australian Consulate Main Tower, 28th

Floor, Neue Mainzer Strasse 52-58

60311 Frankfurt am Main, Germany

Fax: +49 69 9055 8201

Fax: +49 69 9055 8209

info@austrade.gov.au

www.austrade.gov.au

Austria

Austrian Business Agency (ABA)

Opernring 3, A-1010 Wien

Tel: 43-1-588 58-0

Fax: 43-1-586 86-59

office@aba.gv.at

www.investinaustria.at

Azerbaijan

Azerbaijan Export and Investment

Promotion (AZPROMO)

11, Hasan Abdullayev Street,

Baku AZ1001

Tel: +99412 598 01 47 / 48

Fax:+99412 598 01 52

office@azpromo.org

www.azpromo.az

Bahrain

Bahrain Economic

Development Board

7th, 8th, 12th, 13th floor Seef Tower

P.O. Box 11299, Manama

Tel: +973 17 58 99 99

Fax:+973 1758 99 00

invest@bahrainedb.com

www.bahrainedb.com

Bangladesh

Board of Investment (BOI)

Prime Minister’s Office

Jiban Bima Tower (19th Floor)

10 Dilkusha C/A, Dhaka 1000

Tel: +880 2 955 9378

Tel: +880 2 716 95 80

Fax: +880 2 956 2312

service@boi.gov.bd

www.boi.gov.bd

Barbados

Barbados Investment and

Development Corporation (BIDC)

P.O. Box 1250, Pelican House

Princess Alice Highway, Bridgetown

Tel: +(246) 427-5350

Fax: +(246) 426-7802

bidc@bidc.org

www.bidc.com

Caribbean Association of Investment

Promotion Agencies (CAIPA)

Mutual Building, Hastings Main Road,

Christ Church, P.O. Box 34B

BB15154, Barbados W.I

Tel: (246) 436 0578

Fax: (246) 436 9999

info@carib-export.com

wwww.carib-export.com

Invest Barbados

Trident Insurance Financial Centre

Hasting, Christ Church

Barbados, BB15156

Tel:246-626-2000

Fax:246-626-2099

contact@investbarbados.org

www.investbarbados.org

Belarus

National Investment Agency

1 Slavinskogo str., office 46, Minsk,

220086, Republic of Belarus

Tel/fax +375 172 67 91 84

mission.belarus@ties.itu.int

agency@invest.belarus.by

www.invest.belarus.by

Belgium

Wallonia Foreign Trade and

Investment Agency (Belgium)

Namur Business Park Avenue des

dessus de Lives,

6 5101 NAMUR-LOYERS

Tel: +32 8 33 28 50

Fax: +32 8 33 28 69

www.investinwallonia.be

WAIPA Annual Report 2009 65

WAIPA Annual Report 2009

Belize

Belize Trade and Investment

Development Services (BELTRAIDE)

14 Orchid Garden St, Belmopan City,

Cayo District

Tel: 501 822 37 37

Fax: 501 822 05 95

beltraide@belizeinvest.org.bz

www.belizeinvest.org.bz

Benin

Centre de Promotion des

Investissements

BP 2022 Cotonou

Tel: 00 229 21 303 062 3642

Fax: 00 229 21 303 057

info@cpibenin.com

www.cpi-benin.org

Bolivia

Promueve Bolivia

Edif. Viceministerio de Comercio y

Exportaciones, Av. Camacho Esq.

Bueno # 1448, Piso 2

Tel.: 00591 2 233 6886 / 8084

Bosnia-Herzegovina

Foreign Investment Promotion

Agency of Bosnia-Herzegovina

(FIPA) Branilaca Sarajeva 21/III

71000 Sarajevo

Tel: (387) 33 278 080

Fax: (387) 33 27 80 81

fipa@fipa.gov.ba

www.fipa.gov.ba

Botswana

Botswana Export Development and

Investment Authority (BEDIA)

Plot 28 Matsitama Road,

P.O. Box 3122, Gaborone

Tel: +267 318 1931

Fax: +267 318 1941

bedia@bedia.bw

www.bedia.co.bw

Brazil

Agência de Promoção de

Exportações e Investimentos

(Apex-Brasil)

SBN Quadra 2 Lote 11,

Ed. ApexBrasil. CEP 70.040-020,

Brasília - Distrito Federal

Tel: +(55 61) 426 02 02

Fax: +55 61) 3426 0257

apex@apexbrasil.com.br

www.apexbrasil.com.br

Banco do Nordeste

Centro Administrativo Presidente

Getúlio Vargas

Av. Pecho Ramalho 5700 Bloco C1

(Superior) 60732-902

Fortaleza - Ceará

Tel: +55 85 3299 -3093 / 3091

Fax: +55 85 3299-3565

atracaoinvest@bnb.gov.br

www.bnb.gov.br

Companhia de Desenvolvimento

Industrial do Estado do Rio de

Janeiro (CODIN)

Rua da Ajuda, 5 - 20º Andar-Centro

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

Av. Conselheiro Rosa e Silva nº 347 –

Graças - Recife - Pernambuco Brasil

CEP 52020-220

Telefone: +55 81 3181-7300

Fax: +55 81 3181-7352

addiper@addiper.pe.gov.br

www.addiper.pe.gov.br

Investment and Competitiveness

Promotion Agency of

the State of São Paolo

Investe São Paolo

Rua Bela Cintra, 847, 6th Floor -

Consolação

01415-903 São Paulo

Tel.: +55 11 3218 6060

Fax: +55 11 3218 5685

www.investe.sp.gov.br

Instituto de Desenvolvimento

Integrado de Minas Gerais

Ciudade Administrative de Minas

Gerais, Av.Prefeito Americo Gianetti

S/N, 2º Andar Ed. Minas,

31630-900 - Belo Horizonte

Tel: 55 31 3207 20 80

Fax: (31) 3207-2085

lery.eduardo@indi.mg.gov.br

www.indi.mg.gov.br

Superintendencia de Zona Franca

de Manaus - SUFRAMA

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

Bulgary

InvestBulgaria Agency

31 Aksakov Street,

1000 Sofia

Tel: (+359 2) 985-5500

Fax: (+359 2) 980-1320

iba@investbg.government.bg

www.investbg.government.bg

Cameroon

Investment Code Management Unit

(Cellule de Gestion du Code des

Investissements)

3rd floor ex-ONCPB Building, Bonanjo

Douala P.O. Box 15304 Douala

Tel: 237 33 42 59 46

Fax: 237 33 43 30 08

cgci2000@yahoo.com

Canada

Invest in Canada

Government of Canada

Foreign Affairs and International Trade

Canada

111 Sussex Drive, S3-025

Ottawa, Ontario K1A 1J1

Tel: (1-613) 944 31 57

Fax: (1-613) 944 31 78

investincanada@international.gc.ca

www.investincanada.gc.ca

www.investiraucanada.gc.ca

WAIPA Annual Report 2009 67

WAIPA Annual Report 2009

Cape Verde

Agencia Caoverdeana de Promoçao

de Investimentos (CI)

Rotunda da Cruz do Papa, nº5

CP nº89-C/ASA Praia

Cabo Verde

Tel: 00 238 260 41 14 /10711

fax 002382622657

ci@cvinvest.cv

www.worldtourismdirectory.com

Cayman Islands

Cayman Islands Investment Bureau

Cayman Corporate Centre, Hospital

Rd. 1st Floor - Georgetown

PO Box 10087 PO

KY1-1001 Grand Cayman

Cayman Islands

Tel: (345) 945-0943

Fax: (345) 945-0941

info@investcayman.gov.ky

www.investcayman.ky

China

Fuzhou Hollytech Informatics Co.,

LTD (Helosina)

RM 712, 7th Floor, Foreign Trade

Building, Wusi Road, Fuzhou, Fujian,

35001 China

Tel: 00 86 591 28 36 50 25

Fax: 00 86 59128365027

www.helosina.com

ChinaMacao

Macao Trade and Investment

Promotion Institute

No. 918 Avenida da Amizade, World

Trade Centre, 4th Floor, Macao

Tel: (853) 87989 227

Fax: (853) 28 710304

ipim@ipim.gov.mo

www.ipim.gov.mo

China

(People Republic of)

Investment Promotion Agency (CIPA)

Ministry of Commerce (MOFCOM)

No.82 Donganmen Street Beijing

China (100747)

Tel: +86 10 85 22 65 09

Fax: +86 10 85 22 65 58

service@fdi.gov.cn

www.fdi.gov.cn

Colombia

PROBARRANQUILLA

Calle 77B / 57 - 141 Office 305

Centro Empresarial de Las Americas

Barranquilla

Tel:(+57 5) 3561435

Fax: (+57 5) 3565551

info@probarranquuilla.org

www.probarranquilla.org

ProExport

Calle 28 No. 13A -15 - Piso 35 Bogotá

Tel: 571-5600100 / 571-3275450

info@proexport.com.co

www.proexport.com.co

Agencia para el Desarrollo de

Antioquia (ADRA)

Calle 42B No 52-106, Officina

010, Gobernacion de Antioquia,

Medellin

Tel.:+57 4 261 4409

marketinginversion@adra.org.co

www.adra.org.co

A.C.I. Agency for Cooperation and

Investment of Medellin and the

Metropolitan Area

Calle 41 No. 55 – 80 Plaza Mayor

Oficina 303, Medellín

Tel: (574) 3811000

Fax: (574) 3813148

www.acimedellin.org

Congo (Democratic

Republic of the)

Agence Nationale pour la Promotion

des Investissements (ANAPI)

54, Avenue Colonel EBEYA, 2è niveau

de l’Immeuble de la Reconstruction

(ex Sozabanque ) Kinshasha/Gombé

Tel: (243) 812 48 9556

Fax: (243-81)880 162 54

anapirdc@anapi.org

http://www.anapi.org

La Congolaise d’études, de

prospections et des sondages

socio-économiques

CEPSE (Associated Member)

Avenue de la Paix n° 21 Commune

de la Gombe, Kinshasa

Tel: 00243 998 124 281

Fax:. 00243 999 307 280

www.cepsesprl.com

Costa Rica

Costa Rican Investment &

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

invest@cinde.org

www.cinde.org

Côte d’Ivoire

Centre de Promotion des

Investissements en Côte d’Ivoire

(CEPICI)

IMM. CCIA 5e Etage

BP 152 ABIDJAN 01

Tel.: 00 225 22 44 45 35

Fax 00 225 22 44 28 22

www.cepici.ci

Croatia

Trade and Investment Promotion

Agency

Andrije Hebranga 34, 10000 Zagreb

Tel: +385 1 4866 000

Fax: + 385 1 4866 008

www.apiu.hr

Cuba

Ministerio del Comercio Exterior y la

Inversion Estranjera - Direccion de

Evaluacion y Gestion de Proyectos

de Inversion (MINCEX)

Infanta no. 16 esq. a. 23, vedado,

La Habana, Cuba

Tel: (+537) 8380423

Fax: (+537) 8380516

despacho@mincex.cu

www.mincex.cu

WAIPA Annual Report 2009 69

WAIPA Annual Report 2009

Curacao

Netherlands Antilles

Curacao Industrial and International

Trade Development Company

(CURINDE)

Emancipatie Blvd 7

Landhuis Koningsplein, Curaçao

Tel: (599-9) 737-6000

Fax: (599-9) 737-1336

info@curinde.com

www.curinde.com

Cyprus

Cyprus Investment Promotion

Agency (CIPA)

Severis Building, 9 Makariou III Avenue

Lefkosia, P.O.Box 27032, Nicosia 1641

Tel: (357) 22-441133

Fax: (357) 22-441134

info@cipa.org.cy

www.cipa.org.cy

Czech Republic

CzechInvest - Investment and

Business Promotion Agency

Stepanska 15, 120 00 PRAHA 2

Tel: (420) 296 342 504

Fax: (420) 724 084 593

jiri.sochor@czechinvest.org

www.czechinvest.org

Denmark

Invest in Denmark

Ministry of Foreign Affairs of Denmark,

Asiatisk Plads 2,

1448 Copenhagen

Tel: 45 33 32 00 00

Fax: 45 33 92 07 17

ingrda@investindk.com

www.investindk.com

Djibouti

Djibouti Portsand Free Zones

Authority (DPFZA)

P.O. Box 197,

Djibouti

Tel: +253 35 90 70

Fax: +253 35 90 59

zfd@intnet.dj

Agence nationale pour la promotion

des investissements (ANPI) /

National Investment Promotion

Agency

Rue de Marseilles BP :1884 Djibouti

Tel: (253) 31 21 02

Fax: (253) 35 88 37

anpi@intnet.dj

www.djiboutinvest.dj

Dominica

Invest Domenica Authority

1st Floor Financial Centre,

P.O. Box 293, Roseau

Tel: (1767) 448 2045

Fax: (1767) 448 5840

investdominica@investdominica.dm

www.investdominica.dm

Dominican Republic

Center for Export and Investment of

the Dominican Republic (CEI-RD)

Av. 27 de Febrero esq.

Av. Luperón, Santo Domingo,

República Dominicana

Tel. (+1809) 530-5505

Fax (+1809) 530-8208

webmaster@cei-rd.gov.do

www.cei-rd.gov.do

Ecuador

Corporación de Promoción de

Exportaciones e Inversiones (CORPEI)

e2 Invest Ecuador

(practical purposes and for all

activities related to Investment

Promotion)

Av. De las Américas # 406,

Centro de convenciones Simón Bolivar PB

Tel/Fax: +593-2-2548010

corpei@corpei.org.ec

www.corpei.org

Egypt

General Authority for Investment &

Free Zones (GAFI)

3 Salah Salem Road, Fairgrounds,

Nasr City Cairo 11562

Tel: 202 22633485

Fax: 202 24055434

investorcare@gafinet.org

www.gafinet.org

COMESA Regional Investment

Agency (Associated Member)

3 Salah Salem Road, Fairground,

Nasr City, Cairo 11562

Tel: +202 24055452

Fax: +202 22633751

investorservices@gafinet.org

investorcare@gafinet.org

www.gafinet.orgá

El Salvador

Comision Nacional de Promocion

de Inversiones CONADEI-PROESA

Blvd. Orden de Malta, Edificio D´Cora

1er Nivel Urbanozacion Santa Elena,

Antiguo Cuscatlan, La Libertad

Tel: (503) 2210-2500

Fax: +503 2210 2520

info@proesa.com.sv

www.proesa.com.sv

Estonia

Estonian Investment and Trade Agency

Liivalaia 13/15

10118 Tallinn

Tel: + 372 6 279 700

Fax: + 372 6 279 701

invest@eas.ee

www.investinestonia.com

Ethiopia

Ethiopian Investment Agency (EIA)

P.O. Box 2313, Addis Ababa

Tel: +251 11 553 94 74

Fax: +251 11 552 43 96

help@ethiomarket.com

www.ethiomarket.com

Faroe Islands

Vinnumálarádid (Ministry of Trade

and Industry)

Tinganes, Postboks 377 FO 110 Torshavn

Tel: +298 30 66 00

Fax: +298 30 66 65

vmr@vmr.fo

www.vmr.fo

WAIPA Annual Report 2009 71

WAIPA Annual Report 2009

Fiji

Fiji Islands Trade & Investment

Board (FITIB)

6th Floor, Civic Tower, Victoria Parade,

Suva PO Box 2303 Government

Buildings, Suva

Tel: +(679) 331 5988

Fax: +(679) 330 1783

info@ftib.org.fj

www.ftib.org.fj

Finland

Invest in Finland

Kaivokatu 8, 6th floor

FIN-00100 Helsinki

Tel: 358 10 773 0300

Fax: 358 10 773 0301

info@investinfinland.fi

www.investinfinland.fi

France

Invest in France

77, boulevard Saint-Jacques

75014 Paris

Tel: (33) 1 40 74 73 95

Fax: (33) 1 40 74 73 26

info@investinfrance.org

www.investinfrance.org

France

ACSAN

European Investement Consulting

( Associated Member )

32 rue Mallet Stevens, Bât K

30900 Nîmes

Tel: (+33) 4 66 04 06 06

Fax : (+33) 4 66 04 74 50

contact@acsan-consulting.com

www.acsan-consulting.com

IBT Partners (Associated Member)

17 rue du Colisée, 75008 Paris

Tél : +33 (0)1 56 88 29 00

Fax : +33 (0)1 56 88 29 01

contact@ibtpartners.com

www.ibtpartners.fr

French Polynesia

Investment Promotion Authority

THAITI INVEST - THAITI FILM

OFFICE

Presidence de la Polynesie Francaise

1er etage - Immeuble D - Quartier

Broche - PO BOX 504

98713 Papeete

Tel: (+689) 54 32 54

Fax: (+689) 54 32 55

invest@tahiti-invest.com

www.tahiti-invest.com

Gabon

Agence de Promotion des

Investissements Privés (APIP)

BP : 13.740 Libreville Gabon

Tél. : (241) 76.87.65

Fax : (241) 76.87.64

info@servitelnetworks.com

www.invest-gabon.com

Commmission Nationale de Mise en

Place de la Zone Franche de l’Île Mandji

BP : 12 202 Libreville

Tel : (241) 72 69 15

zfmandji@inet.ga

www.finances.gouv.ga

Gambia

The Gambia Investment Promotion

and Free Zones Agency (GIPFZA)

48 Kairaba Avenue, Serre Kunda,

P.O. Box 757 - Banjul

Tel: (+ 220) 437 73 77

Fax: (+220) 437 73 79

info@gipfza.gm

www.gipfza.gm

Georgia

Georgian National Investment

Agency

Ministry of Economic

Development of Georgia

12 Chanturia str. - 0108 Tbilisi Georgia

Fax/Tel: 995 32 433 433

info@investingeorgia.org

www.investingeorgia.org

Germany

Germany Trade & Invest

Friedrichstraße 60,10117 Berlin

Tel: 49 30 200 099-101

Fax: 49 30 200 099-501

Anne.Neumann@gtai.com

www.invest-in-germany.com

Ghana

Ghana Investment Promotion Centre

(GIPC)

P.O.Box DTD 204,

Cantoments, Accra

Tel: +233 21 521238

Fax: +233-21-506 208

info@gipcghana.com

www.investinghana.org

Greece

Invest in Greece Agency

3 Mitropoleos Street Athens 105 57

Tel :+30 210 335 5700

Fax: +30 210 335 5743

www.investingreece.gov.gr

Grenada

Grenada Industrial Development

Corporation (GIDC)

Frequente Industrial Park Frequente,

St George’s, Grenada

Tel: 14734441035

invest@grenadaidc.com

www.grenadaworld.com

Guatemala

Invest in Guatemala

10 Calle 3-17 Z. 10 Edificio

Aseguradora General 4to. Nivel

Guatemala, Guatemala Ciudad

Tel: (502) 2421 2484

Fax: (502) 2421 2480

bpo@investinguatemala.org

www.investinguatemala.org

Guinea

Office de Promotion des

Investissements Privés (OPIP)

Ministere de Commerce, d’Industrie et

de PME or B.P. 2024 - Conakry

République de Guinée

Tél. : + 224 45 18 30

Fax : + 224 41 39 90

www.mirinet.com

WAIPA Annual Report 2009 73

WAIPA Annual Report 2009

Guyana

Guyana Office for Investment

(GO-INVEST)

190 Camp and Church Streets

Georgetown

Tel: +592 225 0658

Fax: +592 225 0655

goinvest@goinvest.gov.gy

www.goinvest.gov.gy

Linden Economic Advancement

Programme

97/98 Republic Avenue, Mackenzie Linden,

Tel: 592-444-4057

Fax: 592-444-4057 ext 44

gloria.daniels@leapguyana.org

www.leapguyana.org

Haiti

Centre de Faciliatation des

Investissements (CFI)

8, Rue Legitime Champs de Mars

P.O. Box 167 Port au Prince

Tel: 00 509 3526 7159

Fax: 00 509 2255 9687

www.cfihaiti.net

Honduras

Foundation for Investment and

Development of Exports (FIDE)

Colonia La Estancia

Final del Blvd. Morazán

1 cuadra al sur de Plaza Marte

Tegucigalpa, MDC P.O. Box 2029

Tegucigalpa

Tel: (504) 221-6303

Fax: (504) 221-6316

hondurascompite@fidehonduras.com

www.hondurasinfo.hn

Hong Kong, China

InvestHK

The Government of the Hong Kong

Special Administrative Region,

15/F, One Pacific Place, Queensway,

Hong Kong

Tel: (852) 3107 1000

Fax: (852) 3107 9007

enq@InvestHK.gov.hk

www.investhk.gov.hk

Hungary

ITD Hungary Investment and Trade

Development Agency

Andrássy str. 12

H-1061 Budapest

Tel: 36 1 472 81 72

Fax: 36-1-472-8171

www.itd.hu

Iceland

Invest in Iceland Agency

Borgartuni 35, IS-105 Reykjavík

Tel: 354 561 5200

Fax: 354 511 4040

info@invest.is

www.invest.is

India

Investment Promotion and

International Cooperation Cell

Dept. Of Industrial Policy and

Promotion, Ministry of Commerce

and Industry

Udyog Bhawan, New Delhi 110011

Tel: 91 11-23061222

Fax : 91 11-23062626

http://dipp.nic.in/

India Brand Equity Foundation

(c/o Confederation of Indian Industry)

Plot No: 249- F, Sector-18, Udyog,

Vihar, Phase IV Gurgaon 122015

Haryana

Tel: + 91 124 401 4087

Fax:+ 91 124 401 3864

ceo@ibej.org

www.ibef.org

Indonesia

Investment Coordinating Board

Jl. Gatot Subroto No. 44

Jakarta 12190 Tel: 62-21 529 21 305

Fax: 62-21 520 20 45

sysadm@bkpm.go.id

www.bkpm.go.id

Iran

(Islamic Republic of)

Organization for Investment,

Economic and Technical Assistance

of Iran (OIETAI)

15 Kwordat Sq. Davar Ave. Tehran

Iran P.O. Box:11365/4618

Tel.: +9821 39903468

Fax: +9821 33967864

info@investiniran.ir

www.investiniran.ir

Iraq

Iraq National Investment

Commission

Baghad - iraq

Tel: 00964 790 197 0107

Info@investpromo.gov.iq

www.investpromo.gov.iq

Ireland

Industrial Development Agency of

Ireland (IDA Ireland)

Wilton Park House, Wilton Place,

Dublin 2

Tel: +353 (0) 1 603 4000

Fax: +353 (0) 1 603 4040

idaireland@ida.ie

www.idaireland.com

Israel

Investment Promotion Centre

Ministry of Industry, Trade & Labor

5, Bank Israel St.

Jerusalem 91036

Tel: 972-2-6662610/07

Fax: 972-2-6662938

rachel.roei@moital.gov.il

www.investinisrael.gov.il

Italy

Business Location Südtirol -Alto

Adige (BLS)

Via Alto Adige 58 I-39100 Bolzano

(Italy)

Tel: +39 0471 066600

Fax: +39 0471 062852

service@bls.info

www.bls.info

The National Agency for Inward

Investment Promotion and

Enterprise Development

Via Calabria 46 - 00187 Roma

Tel: (39-06) 421601/4210438

Fax: (39-06) 42160537

info@invitalia.it

www.sviluppoitalia.it

WAIPA Annual Report 2009 75

WAIPA Annual Report 2009

Italian Institute for Foreign Trade

(ICE)

ICE, Istituto nazionale Commercio

Estero Via Liszt, 21 - 00144 Rome

Tel: 0039 06 59921

Fax: 0039 06 59647382

cooperazione@ice.it

www.ice.gov.it

PROMOS, Special Agency of the

Milan Chamber of Commerce for

international activities

Via Camperio 1, 20123 Milan

Tel: +39028515.5214 or 5881

Fax +39028515.5227 or 5864

infopromos@mi.camcom.it

www.promositaly.com

Jamaica

Jamaica Trade and Invest

(JAMPRO)

18 Trafalgar Road

Kingston 10 Jamaica W.I.

Tel: 1 876 978 7755

Fax: 1 876-946-0090

info@jti.org.jm

www.jamaicatradeandinvest.org

Japan

Japan External Trade Organization

(JETRO)

Ark Mori Building, 7F, 12-32, Akasaka

1-chome, Minato-ku - Tokyo, 107-6006

Tel: 81-3-3582-5234

Fax: 81-3-3505-1990

shiro_akiyama@jetro.go.jp

www.jetro.go.jp

Japan

Japan Bank for International

Cooperation

(Associated Member)

4th Floor River Plate House

7-11 Finsbury Circus London EC2M 7EX

Tel.: 0044 207 638 0175

ir@jbic.go.jp

www.jbic.go.jp

Jordan

Aqaba Special Economic Zone

Authority

P.O.Box : 2565 Aqaba, 77110 Jordan

Tel : +962 3 209 1000

Fax : +962 3 203 0912

info@aseza.jo

www.aqabazone.com

Jordan Investment Board

P.O.Box: 893, Postal code: Amman

11821 Jordan

Tel: (962-6)5608400/9

Fax: (962-6)5608416

info@jib.com.jo

www.jordaninvestment.com

Jordan Industrial Estates

Corporation (JIEC)

P.O Box 17 Abdullah II Industrial

Estate, 11512 Amman-Sahab /Jordan

Tel: +962 6 4022101/2/3

Fax: +962 6 4025215

info@jiec.com.jo

www.jiec.com

Kazakhstan

Kazinvest

050004 Almaty

Gogolya street, 111, 3rd floor

Tel.:+7 (727) 278 00 64, 278 07 63

Fax: +7(727) 278 07 79

info@kazinvest.kz

Kenya

Kenya Investment Authority

3rd Floor, Block D, Kenya Railways

Headquarters, Workshops Road,

P.O. Box 55704- 00200 City Square,

Nairobi

Tel: (254) (20) 2221401

Fax: (254) (20) 22243862

info@investmentkenya.com

www.investmentkenya.com

Export Processing Zones Authority

(EPZA)

Administration Building,Viwanda

Road Off Nairobi, Athi River Export

Processing Zone, off Nairobi-Namanga

Highway, Athi River, Kenya

P.O. Box 50563 Nairobi 00200

Tel +254-45- 26421-6

Fax +254-45-26427

info@epzakenya.com

www.epzakenya.com

Kiribati

Foreign Investment Promotion

Division

Ministry of Commerce, Industry &

Cooperatives P.O. Box 510

Betio, Tarawa

Tel: (686) 26 157/8

Fax: (686) 26 233

enquiry@mcic.gov.ki

www.mcic.gov.ki

Korea

(Republic of)

Korea Trade-Investment Promotion

Agency (KOTRA)

300-9, Yomgok-dong, Seocho-gu Seoul

6th fl. Kotra Bldg. 300-9, Yomgok-dong,

Seocho-gu Seoul

Tel : 82-2-3460-7114

Fax : 82-2-3460-7777~8

digitalkotra@kotra.or.kr

http://english.kotra.or.kr/

Gyeonggi Provincial Government -

Investment Promotion Division

63, Docheongapgil Paldal-gu

Suwon City,

Gyeonggi Province 442-781

Tel: +82-31-249-2180

Fax: +82-31-249-2189

mailer@gyeonggi.go.kr

gtrade@gg.go.kr

www.gg.go.kr

Busan-Jinhae Free Economic Zone

Authority

Noksansaneop 16 Gil 151

(1709 2, Songjeong-dong)

Gangseo-gu, Busan 6918- 270 Korea

Tel: + 82 51 979 5000

Fax: + 85 51 979 5299

Webmaster@bjfez.net

http://eng.bjfez.net/

WAIPA Annual Report 2009 77

WAIPA Annual Report 2009

Kosovo (Republic of)

Investment Promotion Agency of

Kosovo (IPAK)

Ministry of Trade and Industry

Rr. Muharrem Fejza”p.n Lagja e Spitalit

10000 Prishtinë

Tel: +381 38 200 36044 / 38 200 36541

Fax:+381 (0) 38 212 807

info@invest-ks.org

info@ipak-vienna.org

www.invest-ks.org

Kuwait

The Arab Investment & Export Credit

Guarantee Corporation “Dhaman”

The Arab Organizations Headquarters

Building P.O BOX 23568 Safat 13096

Tel: +965 24959508 / 558

Fax: +965 24835489

operations@dhaman.org

www.dhaman.org

Kuwait Foreign Investment Bureau

(KFIB)

Shark Khalid Bin Alwaled Street City Tower

(P.O. Box 3690) Safat 13037

Tel: (965) 224 07 34

Fax:(965) 224 07 02

info@kfib.com

www.kuwaitfib.com

Kyrgyzstan

Investment Promotion Center

Ministry of Economic Regulation

Tel.:+996 312 62 05 90/66 35 20

aliev@mert.kg

www.kyrgyzinvest.com

Latvia

Investment and Development

Agency of Latvia (LIAA)

2 Pērses Street, Riga, LV-1442

Tel: +371 67039400

Fax: +371 67039401

liaa@liaa.gov.lv

www.liaa.gov.lv

Lebanon

Investment Development Authority

of Lebanon (IDAL)

Azarieh Tower 4th Floor, Emir Bachir

Str, Riad El Solh, P.O.Box 113-7251

Tel: 961 (1) 983 306-9

Fax: 961 (1) 983 302-3

lina.fakhoury@idal.com.lb

www.idal.com.lb

Lesotho

Lesotho Tourism Development

Corporation

P.O. Box 1378. Maseru 100. Lesotho

Southern Africa

Tel: +266 22312238

Fax: +266 22310189

ltdc@ltdc.org.ls

ce@ltdc.org.ls

www.ltdc.org.ls

Lesotho National Development

Corporation (LNDC)

P/BAG A96, MASERU,

LESOTHO. 100

Tel: (266-2) 2231 0038

Fax: (266-2) 2231 0038

info@lndc.org.ls

ipc@lndc.org.ls

www.lndc.org.ls

Libya

Libyan Foreign Investment Board

(LFIB)

Anter Ben Shaddad Street, Tripoli

Tel: (218-21) 3345010-20

Fax: (218-21) 3345013

investinlibya@libyamail.net

info@investinlibya.com

www.investinlibya.com

Lithuania

Lithuanian Development Agency

(LDA)

Jogailos g. 4, 01116 Vilnius, Lithuania

Tel.(+370 5) 262 7438

Fax (+370 5) 212 0160

info@lda.lt

www.lda.lt

Macedonia

Invest Macedonia

Agency for Foreign Investments of

the Republic of Macedonia

Nikola Vapcarov 7 - 1000 Skopje

Tel: 389 2 3169 100

Fax: 389 2 3122 098

ivan.iliev@investinmacedonia.com

www.investinmacedonia.com

Madagascar

Economic Development Board

of Madagascar (EDBM)

Immeuble EDBM, Avenue General

RAMANANTSOA Antaninarenina,

101 ANTANANARIVO

Tél : (+261) 20 22 670 40 / 681 21

Fax: (+261) 20 22 661 05

edbm@edbm.mg

contact@edbm.mg

www.edbm.gov.mg

Malawi

Malawi Investment Promotion

Agency

Lilongwe Office: Aquarius House –

First floor Private Bag 302 Capital City

Lilongwe 3, Blantyre Office: Unit

House - Fourth Floor Private Bag 131

Blantyre

Tel : (265) 1 770 800 / 771 315

Fax: (265) 1 771 781

Lilongwe Office

mipa@mipamw.org

Blantyre Office

mipabt@mipamw.org

www.malawi-invest.net

Malaysia

Malaysian Industrial Development

Authority (MIDA)

Plaza Sentral Jalan Stesen Sentral 5

50470 Kuala Lumpur

Tel : +603 22673602

+603 22745224

promotion@mida.gov.my

investmalaysia@mida.gov.my

www.mida.gov.my

Selangor State Investment Centre

(SSIC)

No. F1-2-Jalan Multimedia 716

i-City Park, i-City 40000 Shah Alam,

Selangor Darul Ehsan

Tel: 603-55102005,

Fax : 603-55196403

info@ssic.com.my

www.ssic.com.my

WAIPA Annual Report 2009 79

WAIPA Annual Report 2009

Kulim Technology Park Corp.

Berhad

Suite 3.01 - 3.02, 3rd Floor KHTP

Business Centre, Kulim Hi-Tech Park,

09000 Kulim Kedah Darul Aman

Tel: (6)04 403 2420

Fax: (6)04 403 1973

promotion@khtp.com.my

marketing@khtp.com.my

www.khtp.com.my

Corridor Development Corporation

BHD

Level 13, Wisma Sin Heap Lee (SHL)

no 346, Jalan Tun Razak 50400

Kuala Lumpur

Tel. 603-21635736 / 603-21635737

Fax 603-21635739

cdcbhd‗msia@yahoo.com

www.cdc-msia.com.my

Melaka State Investment Centre

Berhad (MSIC)

Invest Melaka Level 3, MITC Tower

Melaka International Trade Center

75450 Ayer Keroh - Melaka

Tel: +6062312226

Fax: +6062312227

admin@msic.com.my

www.msic.com.my

Maldives

Invest Maldives

Ministry of Economic Development -

1rst Floor Boduthakurufaanu Magu

Office: (+960) 3333 192

Fax: (+960) 3323756

info@investmaldives.org

www.investmaldives.org

Mali

Agence pour la Promotion des

Investissements au Mali

(API-MALI)

Ex Immeuble Air Afrique - Quartier du

Fleuve BP:1980 - Bamako

Tel: +223 20 22 95 25 / 26

Fax: + 223 20 22 95 27

info@cnpi-mali.org

www.apimali.gov.ml

Malta

Malta Enterprise Corporation

Industrial Estate San Gwann SGN 09

PO Box 08 Malta

Tel: +356 2542 0000

Fax: +356 2542 3407

info@maltaenterprise.com

www.maltaenterprise.com

Mauritania

Commissariat à la Promotion des

Investissements

Commissariat à la Promotion des

Investissements B.P 238.

Nktt-Mauritanie

Tél : 00 222 525 07 55

Fax : 00 222 525 43 56

cpi@investissement.gov.mr

www.investinmauritania.gov.mr

Mauritius

Board of Investment of Mauritius

Level 10, One Cathedral Square

Building, 16 Jules Koenig Street

Port Louis

Tel : +230 203 3800

Fax : +230 208 2924

contact@investmauritius.com

www.boimauritius.com

Mexico

Industrial Development Commission

of Mexicali

Mexico: Reforma N°1087

Mexicali, Baja California,

CP 21 100, USA: PMB 6343233

Paulin Ave. Calexico CA. 92231-2446

Tel: +52 (686) 552 66 10

Fax: +52 (686) 552 57 30

cmpaso@mipamw.org

www.mexicaliindustrial.com

ProMexico

Camino a Santa Teresa No. 1679, Col.

Jardines del Pedregal, Del. Álvaro

Obregón, CP 01900, México D.F

European Office:

Regional Division Europe 2 in Frankfurt

Wilhelm-Leuschner Str. 23

60329 Frankfurt, Germany

1/ Tel: 0052 55 5447 7000

Fax: (+49) 69 97269811

www.promexico.gob.mx

Secretaría de Promoción Económica

del Estado de Jalisco - SEPROE

Calle López Cotilla # 1505

Col. Americana Guadalajara Jalisco

Tel: + 52 (33) 3030 2000

+52 (33) 3678 2000 ext 55038

damaso.barragan@jalisco.gob.mx

http://seproe.jalisco.gob.mx/

Fomento Economico Sureste de

Coahuila A.c. (FESEC)

(Associated Member)

Highway Saltillo - Monterrey # 7290.

Col. Los Rodríguez.

C.P. 25200. Saltillo, Coahuila

Tel: (844) 896-10-15 / 16 / 17

Fax: (844) 896-10-18

info@fesec.com.mx

www.fesec.com.mx

Moldova (Republic of)

Moldovan Export Promotion

Organization (MEPO)

65, Alexe Mateevici street, Chişinău

Republic of Moldova

Tel: +373 22 27 36 54

Fax: +373 22 22 43 10

office@miepo.md

www.miepo.md

Mongolia

Foreign Investment and Foreign

Trade Agency (FIFTA)

Government building Sambuu Street 11,

Ulaanbaatar 211238

Tel: (+976-11)-326040 / 320871

Fax: (+976-11)-324076

fifta@investmongolia.com

www.investmongolia.com

Montenegro

Montenegrin Investment Promotion

Agency (MIPA)

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

Agency for Promotion Economic

and Social Development of the

Moroccan Oriental Region

Agence de l’Oriental 12, Rue Mekki

Bitaouri - Souissi Rabat - Maroc

Tél.: +212(0)37 633 580

Fax : +212(0)37 753 020

info@oriental.ma

www.oriental.ma

Ministère de l’Economie et des

Finances

Bd. Med V. Quartier Administratif

Rabat - Chellah

Tel : 037.67.75.01 ou 08

Fax : 037.67.75.27 et 28

internet@finances.gov.ma

www.finances.gov.ma

Regional Centre for Investment in

Greater Casablanca

60, Avenue Hassan II - 20000 -

Casablanca

Tel : +212 (0) 37 67 34 20 / 3506

infos@casainvest.ma

www.casainvest.ma

Namibia

Namibia Investment Centre (NIC)

P/Bag 13340 Windhoek, NAMIBIA

Tel: +264 61 2837335

Fax: +264 61 220278

www.grnnet.gov.na

Nepal

Government of Nepal,

Department of Industries

Tripureshowor, Kathmandu Nepal

Tel: 977-1-4261101

Fax: 977-1-4261112

Netherlands

Netherlands Foreign Investment

Agency

NFIA Headquarters

Bezuidenhoutseweg 16a

P.O. Box20101 2594 AV The Hague

Tel: +31 70 379 8818

Fax: +31 70 379 6322

info@nfia.nl

www.nfia.nl

Southern African - Netherlands

Chamber of Commerce

SANEC Johannesburg 1st Floor, The

Bridle Building 38 Wierda Road West

Wierda Valley Sandton, 2196

SANEC The Netherlands Juliana van

Stolberglaan 148 2595 CL The Hague

The Netherlands

Tel: +27 (0) 11 263 5800

Fax: +27 (0) 11 263 5811

info@sanec.co.za

www.sanec.org

www.sanec.co.za

West-Holland Foreign Investment

Agency (WFIA)

Koninginnegracht 8

2514 AA The Hague

Tel: +31703115555

info@wfia.nl

www.wfia.nl

New Zealand

New Zealand Trade and Enterprise

PO Box 8680 Symonds Street

Auckland

Tel: +64 9 354 9038/47

Fax: +64 9 354 9208

invregcontacts@nzte.govt.nz

www.nzte.govt.nz

Nicaragua

ProNicaragua

Km. 4 ½ carretera a Masaya,

Del Restaurante Tip Top los Robles,

1 c al oeste

Tel: + (505) 270 - 6400

Fax: + (505) 278 - 7332.

info@pronicaragua.org.ni

www.pronicaragua.org

Niger

Centre de Promotion des

Investissements (CPI)

Chambre de Commerce d’Agriculture,

d’Industrie et d’Atisanat du Niger.

Place de la Concertation, BP 209

Niamey

Tél. : +227 20 73 25 73

Fax : +227 20 73 46 68

contact@investir-au-niger.org

dmcpiniger@yahoo.fr

www.investir-au-niger.org

Nigeria

Nigerian Investment Promotion

Commission (NIPC)

Plot 1181 Aguiyi Ironsi Street

Maitama District P.M.B. 381 Garki Abuja

Tel:+234-9-290 48 82 / 4706 / 5829

Fax:+234-9-4134112

osicinfodesk@nipc.gov.ng,

infodesk@nipc.gov.ng,

nipc@nipc.gov.ng

Cross River State Investment

Promotion Bureau

5th Floor, Okoi Arikpo House,

Calabar Road Calabar Cross River State

Tel: (243) 802 223 9903

(234) 805 053 1331

www.crossriverstate.gov.ng

Nigeria

Resman Associates LTD

(Associated Member)

24, Oyekan Road, Apapa.

P.O Box 4174 Apapa Lagos

Tel:+234 (0)-1-5452833

Fax:+234 (0)-1-5452833

resmanasso@resmanassociates.com

info@resmanassociates.com

http://resmanassociates.com

Oman

Omani Centre for Investment

Promotion & Export Development

(OCIPED)

P.O.Box 25 Al Wadi Al Kabir- P.C.117

Sultanate of Oman

Tél: (968) 24 81 23 44

Fax: (968) 24 81 08 90

Invest@ociped.com

info@ociped.com

www.ociped.com

WAIPA Annual Report 2009 83

WAIPA Annual Report 2009

Pakistan

Board of Investment (BOI)

Ataturk Avenue, Sector G.5/1,

Islamabad.

Tel: +92-51-9235716

Fax: 92-51-9218325

secretary@pakboi.gov.pk

www.pakboi.gov.pk

Palestine

National Authority

Palestinian Investment Promotion

Agency (PIPA)

P.O. Box 1984, Ramallah

Tel: 00970 2 2988791 or 2

Fax: 00970 2 2988793

info@pipa.gov.ps

www.pipa.gov.ps

Papua New Guinea

Investment Promotion Authority

(IPA)

HQ: PO Box 5053

BOROKO National Capital District

Port Moresby

Regional Office: 3rd Floor Vele

Rumana PO Box 1074 LAE Morobe

Province

Tel: (675) 321 7311

biepd@ipa.gov.pg

daroap@ipa.gov.pg

www.ipa.gov.pg

Paraguay

REDIEX Red de Inversiones y

Exportaciones

Av. Mariscal López 3333 c/ Dr. Weiss

Villa Morra Asunción

Tel:595 21 6163028

Tel:595 21 6163264

info@rediex.gov.py

www.rediex.gov.py

Peru

ProInversión

Sede Principal

Paseo de la República 3361 - Piso 9

San Isidro Lima

Tel:(51-1) 612-1200

Fax:(51-1) 221-2941

contact@proinversion.gob.pe

www.proinversion.gob.pe

Poland

Polish Information and Foreign

Investment Agency (PAIiIZ)

Bagatela Street 12

00-858 Warsaw

Tel: +48 (0) 22 334 9871

Fax: +48 (0) 22 334 98 89

invest@paiz.gov.pl

post@paiz.gov.pl

www.paiz.gov.pl

Portugal

Invest in Azores Agency (APIA)

Avenida Príncipe do Mónaco, 6,

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

Agency

AICEP Global Portugal

Av. 5 de Outubro, 101,

1050-051 Lisboa

Tel: +351 217 909274

Fax: +351 217 96 53 65

aicep@portugalglobal.pt

manuela.ferreira@portugalglobal.pt

www.portugalglobal.pt

Qatar (State of)

Qatar Investment Promotion

Department

Investment Promotion Department,

Ministry of Business & Trade,

P.O.BOX: 22699, Doha

Tel: + 974 (4945522)

Fax: + 974 (4933054)

ipd@mec.gov.qa

www.investinqatar.com.qa

Romania

Romanian Center for Trade and

Investment

Apolodor Str. nr. 17 Sector 5

050741 Bucharest

Tel: +40 21 318 50 50

Fax: +40 21 311 14 91

office@traderom.ro

www.traderom.ro

Russian Federation

North-West Development and

Investment Promotion Agency

Dzhambula per. 12-A

191180 St. Petersburg

Tel:+7 (812) 622-14-87

Fax:+7 (812) 622-18-25

info@investa.spb.ru

www.investa.spb.ru

National Agency for Direct

Investment (NADI)

Staraya Place Moscow

103070 Russia

Tel: +7 495 606 05 04

Fax: +7 495 606 70 31

napi@napi.ru

www.napi.ru

Rwanda

Rwanda Investment and Export

Promoting Agency

Kimihurura, Avenue du lac Muhazi 1

Kabindi Building P.O. Box 6239 Kigali

Tel: (+250) 510248

Fax: (+250) 510249

info@rwandainvest.com

www.rwandainvest.com

Saint Kitts and Nevis

Nevis Investment Promotion Agency

(NIPA)

Development & Marketing Department

P O Box 882 Rams Complex

Stoney Grove Nevis

Tel: 1 (869) 469-0038

Fax: 1 (869) 469-0039

info@nevisfinance.com

www.nevisfinance.com

WAIPA Annual Report 2009 85

WAIPA Annual Report 2009

Saint Lucia

National Development Corporation

P.O. Box 495 Castries St. Lucia,

West Indies

Tel: (758) 452-3614

Fax: (758) 452-1841

devcorp@candw.lc

www.stluciandc.com

Saint Vincent and

the Grenadines

Invest SVG

2nd Floor Administrative Building

PO Box 2442 Kingstown

Tel: 784-457-2159

Fax: 784-457-2943

info@investsvg.com

www.investsvg.com

Samoa

Ministry of Commerce,

Industry & Labour

Ministry of Commerce, Industry and

Labour PO Box 862 Apia

Tel: +685 20441 / 442

Fax: +685 20443

mpal@mcil.gov.ws

www.mcil.gov.ws

Saudi Arabia

Saudi Arabia General Investment

Authority (SAGIA)

Imam Saud Bin Abdul Aziz Road

(University Road) 11432 Riyadh

Tel: (966 -2) 653 9510

www.sagia.gov.sa

Royal Commission for Jubail

and Yanbu

Jubail Industrial Area- 31961 Jubail

(P.O.Box 5964 Riyadh 11432)

Tel: +966 1 4746724

Fax: +966 1 4793471

www.rcjy.gov.sa

Islamic Development Bank Groups’

Investment Promotion Technical

Assistance Programme (ITAP)

(Associated Member)

Investment Promotion Technical

Assistance 21454 Jeddah

Tel: +9662-646-7573

iciec@isdb.org

www.isdb.org

Senegal

Investment Promotion and Major

Works Agency (APIX)

52 - 54 Rue Mohamed V - BP 430 CP

18524 Dakar

Tel: (221) 33 849 05 55

Fax: (221) 33 823 94 89

contact@apix.sn

dgi@apix.sn

www.apix.sn

IPAWAS Association of Investment

Promotion Agencies of West African

States (Associated Member)

1) Nigerian Investment Promotion

Commission (NIPC)

Plot 1181, Aguiyi Ironsi Street,

Maitama District, P. M. B. 381, Garki,

Abuja, Nigeria

2) Association des agences de

promotion des investissements de

l’Afrique de l’Ouest Stepping up to the

next level !

35 Avenue Malick Sy BP 3309 RP

Dakar Sénégal

3) Gambia Investment Promotion and

Free Zones Agency GIPFZA HOUSE

48 Kairaba Avenue, Serre Kunda,

KMC, Gambia

Tel: 234-9-4132731

Fax: 234-9-4138034

www.gipfza.gm

Serbia

Serbia Investment and Export

Promotion Agency (SIEPA)

Vlajkoviceva 3/V, 11000 Belgrade

Tel: +381 11 3398 550

Fax: +381 11 3398 814

office@siepa.gov.rs

www.siepa.sr.gov.yu

Vojvodina Investment Promotion (VIP)

Zmaj Jovina 4/1,

21000 Novi Sad

Tel: +381 21 472 32 40 / 41 / 45

Fax: +381 21 4721921

office@vip.org.yu

www.vip.org.yu

Seychelles

Seychelles International Business

Authority (SIBA)

PO Box 991 Victoria, Mahe

1/ Tel: +248 380811

Fax: +248 380888

siba@seychelles.net

www.siba.net

Seychelles Investment Bureau (SIB)

P.O Box 1167 Caravelle House

Victoria Mahé

Tel: +248 295500

Fax: +248 225125

sib@seychelles.sc

www.sib.gov.sc

Sierra Leone

Sierra Leone Investment & Export

Promotion Agency, SLIEPA

3rd Floor Standard Chartered Bank SL.

LTD 9-11 Lightfoot Boston Street

Tel: 220788/226075

info@sliepa.org

www.sliepa.org

Ministry of Trade, Industry and

State Enterprises

18/20 Walpole Street PMB 6 Freetown

Tel: +232 - (0)22 - 229 760

Fax: +232 - (0)22 - 229 097

www.sledic-sl.org

Slovakia

Slovak Investment and Trade

Development Agency (SARIO)

Martinčekova 17 - 821 01 Bratislava

Tel: +421 2 58 260 100 / 101

Fax: +421 2 58 260 109

fdi@sario.sk

www.sario.sk

Slovenia

Public Agency of the Republic

of Slovenia for Entrepreneurship

and Foreign Investments (JAPTI)

Vetorskova 60 SI-1000 Ljubljana

Tel: +386 (0) 1 5309 817

Fax: +386 (0) 1 5309 850

fdi@japti.si

www.investslovenia.org

WAIPA Annual Report 2009 87

WAIPA Annual Report 2009

Solomon Islands

Ministry of Commerce and Tourism

Ministry of Commerce,

Industries,Labour & Immigration

P O Box G26 Honiara

Tel: (+677) 22856

Fax: (+677) 25084

investmentdd@commerce.gov.sb

www.commerce.gov.sb

South Africa

City of Johannesburg

Thuso House Customer Service Centre

66 Jorissen Street Braamfontein 2000

Tel: +2711 358 3392

Fax: +2711 381 9207

joburgconnect@joburg.org.za

www.joburg.org.za

Durban Investment

Promotion Agency

26th Floor, Old Mutual Centre

303, West Street Durban 4000

Tel: +27 31 336 2540

Fax: + 27 31 336 2511

info@dipa.co.za

www.dipa.co.za

Gauteng Economic Development

Agency (GEDA)

56 Main Street, Johannesburg

(physical address) P.O. Box 61840

Marshalltown 2107 (Enquiries &

Correspondence)

Tel : +27 11 833 8750

Fax : +27 11 833 8930

info@geda.co.za

blakem@geda.co.za

www.geda.co.za

Invest North West

Physical Address: 1st Floor, Old Mutual

Building 171 Beyers Naudé Drive

Rustenburg, 0299 Postal Address:

PO Box 6352 Rustenburg, 0300

Tel: +27 (0) 14 594 2570

Fax: +27 (0) 14 594 2575/6

inw@inw.org.za

www.inw.org.za

Mpumalanga Economic Growth

Agency (MEGA)

33 Van Rensburg Street Nelspruit

Mpumalanga 1200

Tel:0027 13-752 2440

Fax: 0027 13-755 1756

www.mega.gov.za

Trade and Investment KwaZulu-

Natal (TIKZN)

Trade and Investment KZN

P O Box 4245 Durban 4000

Tel: + 27 (0)31 368 9600 / 7050

Fax : +27 (0) 31 368 5772

info@tikzn.co.za

www.tikzn.co.za

Trade and Investment Limpopo (TIL)

Postal address PO Box 3490

POLOKWANE 0700

Tel: +27 15 295 5171

Fax: +27 15 295 5179

agrinette@til.co.za

www.til.co.za

Trade and Investment South Africa

(TISA)

1/ Postal Address: Private Bag X84,

Pretoria, 0001

2/ South African Embassy Alpenstrasse

29 - 3006 Bern

3/ Ambassade d’Afrique du Sud

59, quai d’Orsay 75343 Paris Cedex 07

Tel: +27 (12) 394 9500

Fax: +27 (12) 394 9501

contactus@thedti.gov.za

www.thedti.gov.za

African Access International

(Associated Member)

African Access Park, 210 Epsom Ave,

Northriding Johannesburg 2169

Tel: 002711 699 2000

Fax: 002711 699 2024

ansier@aaccess.co.za

info@aaccess.co.za

www.access-int.com

www.africanaccessholdings.com

Spain

Internacionalization Service -

Madrid Investors Support

“Madrid EMPRENDE”

Madrid Emprende - Economic

Development Agency C/Gran Via, 24 -

1ª Planta 28013 Madrid

Tel: (34 91) 4804772

Fax: (34 91) 4802440

invest@munimadrid.es

www.madridemprende.com

www.investingmadrid.es

www.madridinvestorsupport.com

Invest in Spain

C/Orense, 58 - 3rd floor

Madrid- 28020

Tel. 0034915035810

Fax: +34 915 035 803

www.investinspain.org

Agency of Innovation and

Development of Andalucia Agency

(IDEA)

C/ Torneo, 26 41002 Sevilla

Tel:+34 955 030 702

informacion@agenciaidea.es

sevilla@agenciaidea.es

egallego@agenciaidea.es

www.agenciaidea.es

Invest in Catalonia

Passeig de Gràcia, 129

08008 Barcelona

Alcalá, 44 - 4ª Planta

28014 MADRID

Tel: (+34) 93 4767287

Fax: (+34) 93 4767303

catalonia@cidem.gencat.net

madrid@cidem.gencat.net

www.catalonia.com

Service Center for the

internationalisation of the Catalan

Companies ACC1Ó CIDEM-COPCA

Passeig de Gràcia 94 08008 Barcelona

Tel: 93.476.72.00

Fax: 34-93-553.89.39

info@copca.com

www.copca.com

www.acc10.cat

PromoMadrid

Desarrollo Internacional de Madrid,

S.A. Suero de Quiñones, 34

28002 Madrid

Tel.: +34 91 745 2099

Fax: +34 91 564 4007

info@promomadrid.com

www.promomadrid.com

WAIPA Annual Report 2009 89

WAIPA Annual Report 2009

Bestin CLM, Investment Agency for

Castilla - La Mancha

C/ Valdemarias, S/N Centro de

Empresas n°1 45007 Toledo

1/ Tel: 00 34 925 33 41 41

Fax: 00 34 925 33 37 19

www.investincastillalamancha.com

Sri Lanka

Board of Investment of Sri Lanka (BOI)

Level 24, West Tower, World Trade

Center, Echelon Square, Colombo 01

Tel: (+94 11) 2434403-5,

Fax: (+94 11) 2447994-5

infoboi@boi.lk

www.boi.lk

Sudan

Sudanese Investment Authority

Ministry of Investment West Hilton

Khartoum

Tel:(249-11) 717198

investment@sudanmail.net

www.sudaninvest.org

Swaziland

Swaziland Investment Promotion

Authority (SIPA)

7th Floor Mbandzeni Building

Libandla Street P. O. Box 4194

Mbabane H100

Tel: (+268) 404 0472/3/4

Fax. (+268) 404 3374

info@sipa.org.sz

www.sipa.org.sz

www.gov.sz

Sweden

Invest in Sweden Agency (ISA)

P O Box 90 SE-101 21 Stockholm

Tel: +468 40 27 810

Fax:+468 40 27 878

isa@isa.se

www.isa.se

Stockholm Business Region

Stockholm Business Region AB

Drottningg 33 10325 Stockholm

Tel:+ 46- 8-508 280 00

Fax: +46-8-508 280 90

invest@sbr.stockholm.se

www.stockholmbusinessregion.se

Business Region Göteborg (BRG)

Business Region Goeteborg AB Box

111 19 404 23 Goeteborg

Visiting adress:

Norra Hamngatan 14

1/ Tel:+46 3161 24 10

2/ Tel: +46 3161 2408

www.businessregiongoeteborg.se

Switzerland

Osec

Stampfenbachstrasse 85

Postfach 2407 CH-8021 Zurich

Corso Elvezia 16, P.O. Box 5399,

CH-6901 Lugano

Tel. +41 44 365 51 51

Fax +41 44 365 52 21

contact@osec.ch

www.osec.ch

Tadjikistan

Agency for Promotion of Foreign

Investments (APFI)

Tel: +(992-372) 23 37 54

Tanzania

(United Republic of)

Tanzania Investment Centre (TIC)

Shaaban Robert Street P.O. Box 938

Dar es Salaam

Tel: (+255)-22-2116328 - 32

Fax: (+255)-22-2118253

information@tic.co.tz

www.tic.co.tz

Zanzibar Investment Promotion

Authority

Zanzibar Investment Promotion

Authority (ZIPA) P.O.BOX 2286

Zanzibar

Tel: +255 24 2233026/2237353

Fax: +255 24 2232737

zipa@zanzinet.com

www.investzanzibar.org

Tonga

Ministry of Labour, Commerce and

Industry

PO Box 110 Free Wesleyan Church

Building, Fasi moe Afi, Nuku’alofa,

Tongatapu, Tonga

Tel: +676 27 302

Fax: +676 23 887

moanat@mlci.gov.to

http://www.mlci.gov.to

Trinidad and

Tobago

Eteck Investment Promotion

Head Office (Trinidad) The Atrium, Don

Miguel Road Extension, El Socorro

San Juan Trinidad and Tobago

Unit 2, Sangster’s Hill Mall,

Scaborough (Tobago)

Tel: 001(868) 675-1989

Fax: 001(868) 675-9125

info@eteck.co.tt

www.eteck.co.tt

Tunisia

Foreign Direct Investment

Promotion Agency (FIPA)

Rue Slaheddine El Ammami, Centre

Urbain Nord 1004 Tunis

Tel. : (216) 71 752 540

Fax : (216) 71 231 400/ 231818

boc.fipa@mdci.gov.tn

www.investintunisia.tn

Turkey

Investment Support and Promotion

Agency

Republic of Turkey Prime Ministry

Headquarters, Kavaklidere Mahallesi

Akay Caddesi No: 5 Çankaya 06640

Ankara

Tel: (+90 312) 413 89 00

Fax: (+90 312) 413 89 01

info@invest.gov.tr

www.invest.gov.tr

WAIPA Annual Report 2009 91

WAIPA Annual Report 2009

Izmir Development Agency

Şehit Fethi Bey Caddesi No:49/1 Birlik

Plaza Kat:3 35210 Gumruk IZMIR

Tel : +90 232 489 81 81

Fax : +90 232 489 85 05

info@izka.org.tr

www.izka.org.tr

Çukurova Development Agency

Çinarli Mah. Ataturk Cad. N°1 Sabanci

Iş Merkezi Kat 7 01060 Seyhan

ADANA

Tel: +90 322 363 00 40

Fax: +90 322 363 00 41

info@cka.org.tr

www.cka.org.tr

Turks and

Caicos Islands

Turks and Caicos Islands

Investment Agency (TCInvest)

TCInvest PO Box 105 Hon. Headley

Durham Building Church Folly

Grand Turk

Tel: 1 (649) 946-2058/2852

Fax: 1 (649) 946-1464

tcinvestpls@tciway.tc

www.tcinvest.tc

Uganda

Uganda Investment Authority (UIA)

Plot 22B Lumumba Avenue, TWED

Plaza P.O. Box 7418 Kampala

Tel: 256-414-301000

Fax: 256-414-342903

info@ugandainvest.com

www.ugandainvest.com

Ukraine

Ukrainian Center for Foreign

Investments Promotion

(InvestUkraine)

36 Rayevskoho St., 5th Floor,

Office 614 Kyiv 01042

Tel: +380 44 537 7313

Fax: + 380 44 537 7311

info@investukraine.org

www.investukraine.org

United Arab

Emirates

Dubai Airport Free Zone Authority

(DAFZA)

P.O.Box 491-Dubai U.A.E

Tel: +9714-2995555

Fax: +9714-2995500

ict@dafza.gov.ae

invest@dafza.gov.ae

www.dafza.gov.ae

Ras Al Khaimah Free Trade Zone

Authority

P.O. Box: 10055, Ras Al Khaimah, UAE

Tel: +971 7 2077117

Fax: + 971 7 2077120

inquiry@rakftz.com

receptionrbc@rakftz.com

www.rakftz.com

Department of Economic Development,

Foreign Investment Office

P.O. Box 13223 Dubai

Tel: +971 4 2229922

Fax: +971 4 2020999

www.dubaided.gov.ae

Department of Economic

Development - Abu Dhabi

DED building, 2nd Floor,

International Economic Relations

Sector Department of Economic

Development Opposite Abu Dhabi

Municipality P.O. Box: 12, Al Salam

Street, Abu Dhabi

1/ Tel: +971 2 4031 443 / 221

www.dpeportal.adeconomy.ae

United Kingdom

UK Trade & Investment

66-74 Victoria Street, London

SW1E 6SW

Tel: +44 (0)20 7215 8000

Fax: +44(0)141 228 3660

enquiries@ukti.gsi.gov.uk

www.uktradeinvest.gov.uk

Manchester Investment

Development Agency Service

(MIDAS)

MIDAS House Trafford Wharf Road

Trafford Park Manchester M17 1EX

Tel: +44 [0] 161 877 3000

Fax: +44 [0] 161 848 8638

info@midas.org.uk

www.investinmanchester.com

United States

of America

Invest in America

International Trade Administration

U.S. Department of Commerce

1401 Constitution Ave NW

Washington, DC 20230

Tel: 202-482-1889

Fax: 202-482-3643

info@investamerica.gov

www.investamerica.gov

Development Counsellors

International (DCI)

(Associated Member)

DCI Headquarters 215 Park Avenue

South 10th Floor New York, NY 10003

Tel: 212.725.0707

Fax: 212.725.2254

www.aboutdci.com

Uruguay

URUGUAY XXI

Instituto de Promoción de

Inversiones y Exportaciones

Rincon 518/521, Planta Baja,

Montevideo

Tel: 5982 9153838

Fax: 5982 9163059

info@uruguayxxi.gub.uy

www.uruguayxxi.gub.uy

Uzbekistan

Foreign Investment Agency

(UZINFOCOM)

28b A.Navoi str, Tashkent, 100011

Uzbekistan

Tel: +998 (71) 238-4148

Fax: +998 (71) 238-4248

info@uzinfocom.uz

govuz@uzinfocom.uz

www.gov.uz

Uzinfoinvest Agency

1, Taras Shevchenko str.

Tashkent

Tel: +(998-71) 2385 272

Fax: +(998-71) 238 92 00

uzinfoinvest@mfer.uz,

www.mfer.uz

WAIPA Annual Report 2009 93

WAIPA Annual Report 2009

Vanuatu

Vanuatu Investment Promotion

Authority (VIPA)

Private Mailbag 1911 - Laguna Building

Port Vila PMB 9011 Vanuatu

Tel: +678 24096

Fax: +678 25216

investment@vanuatu.com.vu

www.investinvanuatu.com

Venezuela

Consejo Nacional de Promoción de

Inversiones (CONAPRI)

Calle Guaicaipuro, Torre Forum,

ground floor, office LC-A. El Rosal,

Caracas 1060.

Tel: +58 212 951 6507

Fax: +58 212 953 3915

www.conapri.org

Vietnam

Vietnam Investment Promoting

Technics and Construction Joint

Stock Company (Techconvina)

(Associated Member)

A106, Xuan Dinh, Tu Liem District,

Ha Noi

Tel: +(84-4) 3750 0999

Fax: +(84-4) 3750 1001

techconvina@techconvina.com

www.techconvina.com

Yemen

(Republic of)

General Investment Authority (GIA)

26 Al-Kods St. Southern Al-Safia,

Sana’a P.O.Box: 19022

Tel: 00967 1 262962/3

Fax: 00967 1 262964

invest@giay.org

www.investinyemen.gov.org

Zambia

Zambia Development Agency

Privatisation House Nasser Road

P.O Box 34580 Lusaka

Tel: + 260 (0) 211 255 240

Fax: + 260 (0) 211 252 150

invest@zamnet.zm

www.zda.org.zm

Zimbabwe

Zimbabwe Investment Authority

ZimTrade Head Office: 904 Premium

Close Mount Pleasant Business Park

P.O.Box 2738 , Harare

ZimTrade Regional Office: 48 Josiah

Tongogara Street P.O.Box 3090 ,

Bulawayo

Tel: 263-4 780 140-5

Fax: 263-4 369244/45

info@zia.co.zw

info@byo.zimtrade.co.zw

www.zimtrade.co.zw

WAIPA Annual Report 2009 95

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WAIPA Annual Report 2009

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;

WAIPA Annual Report 2009 99

WAIPA Annual Report 2009

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 subregional

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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WAIPA Annual Report 2009

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 online

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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WAIPA Annual Report 2009

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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WAIPA Annual Report 2009

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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WAIPA Annual Report 2009

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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WAIPA Annual Report 2009

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.

WAIPA Annual Report 2009 113

WAIPA Annual Report 2009

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.

WAIPA Annual Report 2009 115

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9, Chemin de Balexert, 1219 Châtelaine

Geneva - Switzerland

Phone: + 41 22 7972664

E-mail: info@waipa.org

Site: www.waipa.org

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