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<strong>WAIPA</strong> <strong>Report</strong> of Activities <strong>2011</strong>-2012<br />
through foreign direct investment,<br />
governments are also paying greater<br />
attention to strengthening the<br />
dimension of development comprised<br />
by investment policies. Based on<br />
its many years of experience with<br />
assisting governments in improving<br />
both national and international<br />
investment policies, UNCTAD<br />
has developed an Investment<br />
Policy Framework for Sustainable<br />
Development (IPFSD).<br />
The framework is a “living document”,<br />
and investment stakeholders<br />
are invited to contribute via an<br />
online Investment Policy Hub<br />
(www.investmentpolicyhub.org).<br />
I encourage <strong>WAIPA</strong> members to<br />
participate in this important initiative.<br />
The investment promotion community<br />
and <strong>WAIPA</strong> are crucial partners<br />
in UNCTAD’s work. The World<br />
Investment Forum 2012, held in April<br />
in Qatar, showed once again the need<br />
for a face-to-face forum, which would<br />
allow investment stakeholders to<br />
exchange experiences and to engage<br />
in peer-learning events across<br />
regions. I look forward to continuing<br />
this dialogue in the year to come, and<br />
I am confident that closer cooperation<br />
can benefit us all, by helping to<br />
attract better and more inclusive and<br />
sustainable investments.<br />
With the increasingly relevant role played<br />
by private investments in economic<br />
growth and development, including FDI,<br />
governments are paying greater attention to<br />
strengthening the development dimension<br />
of investment policies. <br />
Supachai Panitchpakdi
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