The WAIPA World Investment Conference (WIC) 2015 calls for new strategies to channel FDI into growth-enhancing and employment-generating activities worldwide.
Milan, June 14, 2015 – In the context of increased investor confidence, the XXth annual World Investment Conference(WIC) took place at the Palazzo Lombardia alongside Expo Milan. The flagship event of the World Association of Investment Promotion Agencies (WAIPA) was held for three days (June 14-16). It brought together over a hundred leading Investment Promotion Agencies (IPAs) from all around the world, heads of financial institutions, some leading political figures, private sector leaders, prominent economists and researchers.
The agenda focused on issues of importance to investment promotion agencies (IPAs):the role of FDI in stimulating aggregate demand and countering the slump in global economic growth; the effects of multilateral ınvestment agreements in global FDI inflows; some best practices in FDI promotion to enhance the quality of human capital and physical infrastructure and how FDI could be channeled into agriculture to feed the planet—also the theme of the Milan Expo. The conference also focused on supporting inclusive and sustainable industrialization, all of which would generate employment worldwide and contribute to global peace and stability.
Foreign direct investment, better known as FDI, is bound to become of one of the most important drivers to boost future productivity, global growth and also Italy's growth.
