Holding the Presidency of World Association of Investment Promotion Agencies (WAIPA), the Investment Support and Promotion Agency of Turkey (ISPAT) is hosting the 19th annual WAIPA World Investment Conference in Istanbul on May 13-15.
A gathering for the 244 members of the umbrella organization for national and regional investment promotion agencies from 162 different countries, the annual conference also brings together non-governmental organizations, business leaders, investors, researchers and government officials to discuss the latest strategies, policies and trends in global foreign direct investments (FDI).
Delivering the keynote speech, President Ayci stressed the importance of the conference as the most prestigious global FDI event and outlined WAIPA’s new strategy. “ISPAT is proud to be hosting this conference, the leading event on the latest developments in the global FDI arena” Ayci said.
Minister Simsek said that as a structurally sound economy Turkey presented an excellent long-term investment opportunity. “Turkey owes its economic accomplishments during the last decade to a resolutely pursued reform program. These reforms were made possible as a result of political stability”, he remarked.
On the first day of the event, ISPAT has signed Memorandums of Understanding (MoU) with the national investment promotion agencies of South Africa and Azerbaijan to boost business, trade and investment ties between Turkey and the respective countries.
Source: ISPAT
