Mohammad T. Asfour

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FDI in MENA region prospects, good practices
and messages for Turkey

• Mohammad T. Asfour
• mohammad.asfour_at_alnawader.com

Istanbul 8th November 2005
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Relative Success Stories

• General Authority for Investment Free Zones
  (GAFI) Egypt
• Dubai Development Investment Authority (DDIA) -
  UAE

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The Challenge..

• Global
• Competition partnership
• Comparative benchmarking
• Differentiation
• Branding and image building
• Regional
• Collaboration
• National
• Creating an "Investor-Friendly" environment
• Public Policy Advocacy
• Channels of communication
• Transparency
• Effective implementation/enforcement

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Practice Guidelines

• Government Vision, Leadership, Policies
• Communicating Vision Building Consensus
• Structures IPAs backed by Legislation, Mandate
• IPA Business Partner, Service Culture
• Strategy based on Competitive Position
• Incentives Impact, Cost/Benefit Evaluation
• Effective implementation

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Practice Guidelines

• Human Resources and Skills Development
• Infrastructure Basic and Sectoral
• Removing Administrative Barriers
• Competitive Marketing
• Servicing Investors at All Stages
• Rooting and Linking FDI into the Economy

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Key messages for Turkey

• Do not reinvent the wheel
• Make use of the failure success of more than
  500 IPAs from all over the world
• Customize Add a local flavour
• Bigger isnt always better
• Get the private sector involved
• Focus

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Thank You