The World Association of Investment Promotion Agencies (WAIPA) was created in 1995. It was established as an Association under Swiss law. It has been registered in Geneva, as a non-governmental organization. From its very inception, WAIPA has represented an ever growing number of Member agencies. Through its wide range of activities, WAIPA provides the opportunity for investment promotion agencies (IPAs) to network and exchange best practices in investment promotion. WAIPA has always dedicated, and continues to dedicate, time and effort towards building the human resources capacity of its Member agencies. Membership is open to any agency, government body or entity whose prime function is “to promote any country, political sub-division of a country or other uncontested territory, as a destination for, or as source of investments”.

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Deepak BaglaPresident

As the world emerges from the pandemic, collaboration and innovation takes the centre stage to the path of economic recovery. The critical role of Foreign Direct Investment (FDI) in aiding economic recovery is well acknowledged.

Our vision is to make WAIPA a central platform for its members to meet the challenges of the 21st century and to make them future ready.

WAIPA is well positioned to meet the aspirations of its member countries and their citizens by – creating a collaborative environment to share knowledge and best practices, fostering trust to promote innovation and nurturing partnerships to explore new horizons towards a collective sustainable, and equitable future!


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312, 2021

WAIPA network grows with new memberships

The World Association of Investment Promotion Agencies (WAIPA) as the umbrella organization that supports member Investment Promotion Agencies (IPAs) warmly welcomes four new IPAs to our investment promotion network. Invest Araucania, Chile, Agence Nationale [...]

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Foreign Investment: How to Make it Work for Developing Countries

Policy reforms need to address low financial returns which hamper the contribution of FDI to sustainable development. 

To many observers, multinational corporations seem to have considerable clout. Sophisticated global value chains criss-cross the planet and have an impact on numerous sectors of economic activity, the environment and labour markets. Consequently, governments and civil society have called on international business to make a more meaningful contribution to the advancement of sustainable development and the fight against climate change.

Some of these calls are motivated by concerns about business conduct, […]

June 22nd, 2021|

Top Five Ways Covid-19 Influences the Work of Investment Promotion Agencies

IPAs have their work cut out for them as they grapple with huge upheavals in the investment landscape. Bostjan Skalar, CEO of the World Association of Investment Promotion Agencies, pinpoints five disruptors they face.

Investment promotion agencies (IPAs) are the organisations charged with attracting and facilitating inward investment and therefore play an essential role in international economic development and growth. The past year has not been an easy one for IPAs, and they must adapt to a market in great flux and carve out an entirely new paradigm for successful investment […]

February 19th, 2021|

A Focus on Foreign Investment Can Drive our Recovery from COVID-19

  • Investment promotion agencies (IPAs) around the world are demonstrating their criticality as we begin the recovery from COVID-19.
  • There is still plenty of interest in FDI worldwide.
  • By focusing on engagement with partners, IPAs can help their economies emerge stronger from the crisis.

The COVID-19 crisis has brought to light the critical role of investment promotion agencies (IPAs), who have had to demonstrate agility and reactiveness in supporting the needs of investors.

This is supported by UNCTAD data, which reports that 77% […]

December 21st, 2020|
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