Meeting of the Working Group on Investment Policies and Promotion

 

Following the events in the region early 2011 and the after effects of the global economic crisis, FDI inflows to the MENA region declined by more than 60% between 2010 to 2011, albeit with important differences among countries. How can the region retain and attract investments with high growth and job creation potential? The MENA-OECD Working Group on Investment Policies and Promotion works to support MENA economies in finding solutions to address these pressing issues.

In March 2013 the Working Group held its first meeting since the events in the region early 2011. The meeting brought together more than 50 representatives from 13 MENA, 17 OECD governments, international organisations and private sector associations to discuss how to mitigate the risks and seek new opportunities for investment. Built around four sessions, the following issues were addressed: 

  • Reviving investment in the region by addressing current opportunities and risks;
  • Using innovative tools for risk mitigation and investment attraction;
  • Fostering regional initiatives to improve the investment environment;
  • Encouraging responsible business conduct                            


Key documents

Agenda: English/ French/ Arabic

Conclusions                                                                             
Reference materials for investment promotion                                                                                                                   

Presentations

Session 1 – Reviving investment in the region by addressing current opportunities and risks

Introduction: Trends, challenges and prospects of foreign investment in the region, Ms. Marie-Estelle Rey, Senior Policy Analyst, MENA-OECD Investment Programme

FDI statistics in the MENA region, Ms. Ayse Bertrand, Lead Statistician, OECD Working Group on International Investment Statistics, Investment Division

Presentations by MENA economies

Jordan’s experience in the process of the adherence to the OECD Declaration on International Investment and Multinational Enterprises, H.E. Mr. Awni Al-Rushoud, Acting Chief Executive Officer, Jordan Investment Board, Jordan

Current situation and ongoing initiatives in the Egyptian economy, Mr. Mohamed Amr Eleish, Undersecretary, Policy Advocacy Sector, General Authority for Investment and Free zones, Egypt

Morocco, Ms. Jihane Markouch, Policy Officer to the General Manager, Agence marocaine de développement des investissements (AMDI), Morocco

Saudi Arabia, Mr. Omar A. Bahlaiwa, Secretary General, Committee for International Trade (CIT), Saudi Council of Chambers, Saudi Arabia

Presentation by partners

ANIMA Investment Network, Ms. Zoé Luçon, Project Manager

 

Session 2 – Using innovative tools for risk mitigation and investment attraction

Risk mitigation tools for enhancing private infrastructure investment in the MENA region, Mr. Alexander Böhmer, Head of the MENA-OECD Investment Programme

Presentation of guarantee instruments by IFIs and investment/export credit agencies

Risk Sharing/Mitigation Instruments, Ms. Irina Kravchenko, Senior Banker, European Bank of Reconstruction and Development (EBRD)

Maintaining FDI Flows in a Risk-Averse World, Mr. Olivier J. L. Lambert, Manager, Regional Office Europe, Middle East and Africa, Multilateral Investment Guarantee Agency (MIGA), World Bank Group

Promoting investment in the MENA region through the use of risk mitigation tools, Mr. Benoît Mauduit, Country Manager Iraq-Lebanon, French Development Agency (AFD)

The MENA-OECD Guarantee Database, Mr. Carl Dawson, ISMED Support Programme Coordinator; and Mr. Andrew Fitzpatrick, ISMED Policy Analyst, MENA-OECD Investment Programme

Role of investment promotion agencies in the MENA economies: innovative tools for targeting investors. Special attention will be given to sectoral and locational approaches to investment promotion and to business linkages

Investment mapping and SME attraction in Jordan, Mr. Bashar Al-Zu'bi, Senior Advisor to the CEO, Jordan Investment Board, Jordan

Communication and investor’s after-care in Morocco, Ms. Jihane Markouch, Policy Officer to the General Manager, Agence marocaine de développement des investissements (AMDI), Morocco

Investment promotion and location decisions, Mr. Sean Duggan, Ilsa Consulting, London

 

Special event: “Renewable energies in the Middle East and North Africa: Policies to support private investment” – Official launch of the OECD publication

Presentation of key findings and recommendations of the report, Ms. Ania Thiemann, Project Manager, MENA-OECD Investment Programme

 

Session 3 – Fostering regional initiatives to improve the investment environment

Progress report of the Cairo Investment Action Plan and assessment of national investment policies, Ms. Marie-Estelle Rey, Senior Policy Analyst, MENA-OECD Investment Programme

Regional initiatives to revive and strengthen legal investment frameworks, Ms. Marie-Estelle Rey, Senior Policy Analyst, MENA-OECD Investment Programme

 

Session 4 – Responsible Business Conduct in the MENA region

Presentation of the Moroccan National Contact Point (NCP), Ms. Mariam Boualila, National Contact Point – Morocco