Investment Facilitation
Manages and Monitors processes that contribute towards an efficient, predictable and investment-friendly business climate to improve economic growth and living standards
Type
Domain
Competency Area
Trade and Investment Facilitation
Levels
Understands investment facilitation approaches
Understands policies, acts and regulations, including tax incentives and labor/skills policy, on domestic and foreign investment
Maintains an up-to-date database of the various industry representative bodies and major players in the market
Recognizes the bottlenecks, inefficiencies and uncertainties in investment facilitation systems in consultation with key stakeholders
Documents systems and processes for investment facilitation
Investigates administrative procedures to select important ones for general as well sectorally salient strategic investors
Assists in structuring approaches for gathering and disseminating clear up-to-date information with existing and potential investors to sport trends early and begin action
Develops systems for following-up on concerns raised by investors and tracking redressal
Synthesizes factors commonly cited as sources of delays or added costs (such as work permits, access to public utilities at affordable rate, dispute resolution systems) based on structured surveys, discussion forums etc.
Formulates information channel and procedure simplification
Streamlines administrative procedures involved in the establishment phase of investment (such as licensing and qualifications, formalities and documentation requirements etc.)
Establishes single window to constitute well-planned and regular outreach with present and potential investors
Proposes strategies to enable easy access to information on legal and regulatory matters, financing options, location choice or recruitment/training
Coordinates dialogue and consultation with key stakeholders on proposed regulatory changes
Incorporates steps at enhancing regulatory transparency and predictability to inspire confidence among investors (such as prior notifications, publications)
Encourages smooth intermediation through information exchange and standards setting
Prioritizes various forums to ensure coverage of investor's views across regions, industry types, and scale of operations
Monitors and Analyzes regulatory regimes to spot market conditions, changing technology, foreign exchange markets
Encourages smooth and seamless coordination between the government agencies and investors to feed investor views back into framing adaptive regulatory responses
Promotes international cooperation to address the unique needs of emerging economies (such as technical assistance, capacity building)