1887

Making the most of an open foreign investment regime

The objectives of investment policy and investment facilitation efforts should be to: • Preserve a favourable investment regime by introducing periodic regulatory assessments to ensure that regulations continue to meet their intended purposes. • Improve foreign direct investment (FDI) statistics and ensure that information is available to support policy formulation and appraisal. • Review existing investment incentives in the light of current policy priorities and the potential for introducing new instruments to promote greater linkages of FDI with the broader economy. • Streamline and clarify the roles, structure and interrelations among the various agencies involved in investment promotion and facilitation to establish their responsibilities in carrying out the functions of image building, investment targeting, linkage promotion and policy advocacy.

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