Reviving Private Investment in the Deauville Partnership Countries

 

Investment Policies for Job Creation


Cairo, Egypt, 7-8 May 2012

 

 

The high level conference on “Reviving Private Investment in the Deauville Partnership Countries: Investment Policies for Job Creation” took place on 7-8 May 2012 at the Marriott Hotel, Cairo, Egypt.

 

Held under the auspices of the Ministry of Foreign Affairs of the Arab Republic of Egypt and jointly organised by the OECD, the Secretariat of the Union for the Mediterranean (UfMS) and the United Nations Development Programme (UNDP), the conference built upon the G8 Deauville Partnership Finance Ministers’ Meeting Communiqué (Marseille, 10 September 2011) and the Statement by the Deauville Partnership with Arab Countries in Transition on Open International Investment (Dead Sea, Jordan, 11-12 April 2012).

The conference identified the actions to be taken on the regional and on the country-specific level by the five Deauville Partnerships countries (Egypt, Jordan, Libya, Morocco and Tunisia) and their international partners to revive urgently needed investment to stimulate job creation. It discussed the challenges currently faced by investors, and the means to enhance openness, predictability and transparency of the investment climate in order to attract more investment.

The conference brought together government representatives from the Deauville Partnership countries, the G8 countries, the OECD and the Union for the Mediterranean (UfM), experts from the UNDP, as well as representatives of international financial institutions (IFIs) and the private sector, and comprised:

• A public-private dialogue on investment climate which provided an opportunity to identify current investment climate challenges in the Deauville Partnership countries, and to elaborate detailed recommendations and a business statement;

• A technical workshop on how to improve the job creation potential and inclusiveness of investment including FDI, through enabling SMEs to flourish and expand their activities;

• A high-level meeting to agree upon a “Joint Action Plan on Reviving Private Investment in the Deauville Partnership countries: Investment Policies for Job Creation”, outlining key principles and policy measures to attract private investment to the Deauville Partnership countries; and

• A roundtable discussion which allowed representatives of the Deauville Partnership countries, international financial institutions, G8 and GCC countries to discuss the provision of guarantees and loans to investors in the Arab economies, and opportunities for investment projects.

Presentations

 

7 May 2012

 

Public-private dialogue on investment climate

 

Ms. Ania Thiemann, Senior Economist, MENA-OECD Investment Programme, OECD

The macro-economic outlook: structural challenges for the Deauville Partnership countries

Improving the job creation potential and inclusiveness of investment including FDI, through enabling SMEs to flourish and expand their activities

 

Mr. Raffaele Boldracchi, Senior Operations Officer, Donors Relations, International Finance Corporation (IFC)

Improving job creation potential through skills and SME development

Mr. Sibry Tapsoba, Resident Representative, African Development Bank (AfDB) – Egypt  Field Office

Improving job creation in the Deauville Partner Countries through SMEs

8 May 2012


High level meeting on policy measures and instruments to improve the investment climate in the Deauville Partnership countries

 

Ms. Marie-Estelle Rey, Policy Analyst, Investment Division, OECD

High-level meeting on policy measures and instruments to improve the investment climate

 

Sami Bousselmi, Deputy Director, Studies and International Co-operation Directorate, Foreign Investment Promotion Agency (FIPA)

New Tunisia: New opportunities

 

Mr. Bashar Al-Zu'bi, Senior Advisor to the CEO, Jordan Investment Board

Invest in Jordan: Country presentation

 

Mr. Andrew Stone, Senior Private Sector Development Specialist, Finance & Private Sector Group, The World Bank

Policy measures and instruments to improve the investment climate in the Deauville Partnership Countries

 

Mr. Sibry Tapsoba, Resident Representative, African Development Bank (AfDB) – Egypt  Field Office

Conclusions of the panel session: Improving job creation potential and inclusiveness of investment including FDI

 

Roundtable discussion on investment facilitation instruments for Deauville Partnership countries

 

Mr. Alexander Böhmer, Head, MENA-OECD Investment Programme, OECD
Investment risk mitigation instruments for Deauville Partnership Countries

Mr. Sibry Tapsoba, Resident Representative, African Development Bank (AfDB) – Egypt  Field Office

Roundtable Discussion on Investment Facilitation Instruments for Deauville Partnership Countries


Mr. Jens Mackensen, Director, KfW Office Cairo

Investing in Employment and Entrepreneurship