UNCTAD-WAIPA EXCHANGE PLATFORM [VIRTUAL]

17 Oct 2021
12:00-13:30
VIRTUAL

UNCTAD-WAIPA EXCHANGE PLATFORM [VIRTUAL]

Gearing up the digitalization of investment promotion: strategies, good practices and lessons learnt

This virtual event occurs in Geneva Time (CET, GMT+2). Abu Dhabi, UAE time is 2:00 hours ahead of Geneva, Switzerland.

Investment promotion agencies (IPAs), economic development boards (EDBs) and special economic zones (SEZs) have been confronted with major operational challenges due to the disruptions caused by the COVID-19 pandemic. Some did well, others faced serious challenges, much dependent on the extent and level of digitization. UNCTAD research found that by June 2020, 35% of IPAs had little or no mention of COVID-19 restrictions or indications on how services continued.

Over a year into the pandemic, resilience has ruled and most organizations in charge of investment promotion are back to business in the “new normal”. Nevertheless, despite the digital divide, development agencies need to grasp the advantages of the new industrial revolution to become more efficient and impactful.

This session will deal with the changes and consequent improvements that digitalization in investment promotion and facilitation can bring about. From enhanced used of social media, numerical platforms and online one-stop-shops to virtual reality site visits and artificial intelligence, the new industrial revolution can be the opportunity for the industry to thrive.

Issues to be addressed:

  • The speed and nature of the digitalization of investment promotion organizations.
  • UNCTAD business facilitation platform: e-regulations and e-registration.

Event Manager: Ms. Natalia Guerra

Contact email: Natalia.Guerra@unctad.org