- Source: Investment promotion agency
An investment promotion agency (IPA) is most often a government agency (or occasionally a non-profit organization functioning similar to a chamber of commerce or business consulting corporation) whose mission is to attract investment to a country, state, region or city. They do this through the use of marketing activities by creating awareness about a location as an attractive destination for investment. Generally, IPAs have four core functions: image building of FDI hosting country, investment generation, project management and aftercare services. While IPAs play an important role in attracting investment to developed countries some IPAs have additional advocacy function.
The IPA does this by introducing investors with local suppliers (raw materials or other inputs); providing useful statistical data and business information such as macroeconomic indicators (GNP, GDP, HDI, inflation etc.), labor productivity, average wages, attractive sectors of domestic economy; practical support like securing permits or completing other administrative obligations; and by managing any investment incentives that the city, state or country may offer to foreign investors (companies or individuals).
See also
Foreign direct investment
World Association of Investment Promotion Agencies
References
Further reading
Jensen, Nathan M.; Malesky, Edmund J. (2018). Incentives to Pander: How Politicians Use Corporate Welfare for Political Gain. Cambridge University Press. doi:10.1017/9781108292337. ISBN 978-1-108-41890-4.
Kata Kunci Pencarian:
- Ana Vilma de Escobar
- Daftar negara yang menuturkan bahasa Inggris sebagai bahasa resmi
- Akureyri
- Ekonomi Hungaria
- Grup Bank Dunia
- Selandia Baru
- Ekonomi Serbia
- Bisnis internasional
- Keith B. Alexander
- Gamawan Fauzi
- Investment promotion agency
- China Investment Promotion Agency
- World Association of Investment Promotion Agencies
- Cyprus Investment Promotion Agency
- KOTRA
- Nigerian Investment Promotion Commission
- Foreign Investment Promotion Board
- Special Investment Facilitation Council
- Vanuatu Foreign Investment Promotion Agency
- Bangladesh Investment Development Authority
