Investment Promotion Tools and their Contribution in Attracting Foreign Direct Investments

Georgeta Ilie

Knowledge Horizons - Economics, 2015, vol. 7, issue 2, 15-21

Abstract: This paper investigates the role of investment promotion agencies (IPAs) in attracting foreign direct investments (FDIs). FDIs represent one of the vehicles by means of which many countries can develop their economy, because FDIs are being valued as a means of promoting economic diversification, generating jobs, earning export revenue etc. The paper examines how investment promotion tools perform when approached by foreign investors during their short-listing process. There are presented some specific instruments on how well IPAs accomplish this crucial task of information provision. Increasingly, IPAs play a critical role in such strategic promotion of FDI.

Keywords: FDI; investment promotion agency; attractiveness campaign (search for similar items in EconPapers)
JEL-codes: F23 F43 (search for similar items in EconPapers)
Date: 2015
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