Stimulating investment for jobs and inclusive growth is a central pillar of the MENA-OECD Investment Programme. Investment increases productive capacity, drives job creation and income growth, triggers technology transfers, assists human capital formation, fosters exports and improves competitiveness.
The need to revive investment in the MENA region
The deteriorated business environment, a consequence of the socio-economic challenges faced by the region since 2010, and the unstable global economy have caused significant decreases in foreign direct investment (FDI) in the MENA region. FDI inflows to the region decreased by 60% between 2010 and 2011, and, despite a rebound in 2012-14, prospects remain uncertain. Intra-regional investment, which can spur growth and reduce the region’s vulnerability to external shocks, is weak. Reviving investment remains a priority for the region in order to achieve positive growth rates and generate much-needed jobs.
How does the MENA-OECD Working Group on Investment contribute?
Developing open and transparent investment policies and effective investment promotion strategies through dialogue, experience-sharing and capacity-building is the aim of the Working Group on Investment Policies and Promotion.
Chaired by Japan and Jordan, the Working Group:
- Analyses FDI trends
- Assesses investment policies, barriers and agreements, with a view to identifying priority reforms
- Analyses ways to strengthen regional integration for investment (in co-operation the League of Arab States)
- Addresses other key issues at participants’ request, such as infrastructure investment, PPPs, investment zones and green investment.
Participants at the MENA-OECD Working Group on Investment Policies and Promotion, February 2010, Amman, Jordan
News and Events
MENA-OECD Working Group on Investment Policies and Promotion: Supporting Investment Policy Reforms in the MENA Region, 11 December 2014, Cairo, Egypt
OECD/Arab League Regional Investment Conference: Fostering Regional Integration on Investment, 9-10 December 2014, Cairo, Egypt
Consultation on the Policy Framework for Investment Update - MENA Region, 16 October 2014, Paris, France
Documents and Publications
For further information, contact Marie-Estelle Rey