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:
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