📋 Tender Overview
Within the framework of their joint capacity development program in the field of investment promotion the Islamic Center for the Development of Trade ICDT and the Islamic Development Bank IsDB organized a Workshop on Digitalization of Services for Investment Promotion in OIC Member Countries.This workshop was organized for the benefit of 32 senior officials of Investment Promotion Agencies IPAs in 29 IsDB Member Countries. It addressed the technical aspects of enhancing services digitalization in Investment Promotion Agencies IPAs of OIC Member Countries through sharing knowledge country experiences and best practices.The workshop which was held from 19-20 December 2022 provided the opportunity for the participants to learn about the benefits of adopting digital technologies and the critical success factors for digital transformation in investment promotion. The workshop discussed digital transformation opportunities and challenges for foreign direct investment FDI and exchanged perspectives on the active leading role of international development institutions such as the United Nations Conference on Trade and Development UNCTAD The Statistical Economic and Social Research and Training Centre for Islamic Countries SESRIC Islamic Corporation for the Insurance of Investment and Export Credit ICIEC the Standing Committee for Economic and Commercial Cooperation COMCEC Coordination Office and the Islamic Chamber of Commerce Industry and Agriculture ICCIA.During the first day of the workshop Mr. Omar HMARRASS Head of the Department of Relations the World Trade Organization WTO at the Ministry of Industry and Trade Morocco delivered an opening speech along with Mrs. Latifa Elbouabdellaoui Director General of ICDT Ms. Afrah Khalifa Project Coordinator and representative of the Cooperation and Capacity Development CCD Department at IsDB Mr. Mohamad El Sayed Manager of the Information Technology Division the representative of Executive Officer CEO at ICIEC and Mr. Ismail Ersahin Executive Director a.i. of World Association of Investment Promotion Agencies WAIPA.In her opening speech Ms. Afrah emphasized IsDBs commitment to continue to work with its partners to support its member countries MCs through various IsDB programs including the Investment Promotion Technical Assistant Program ITAP.The workshop also provided an opportunity to review and discuss the first ICDT-IsDB joint annual report on Investment Climate and Opportunities in OIC Countries 2022. The report presented valuable FDI-related statistics and insights on OIC economies to help assess the investment climate analyze the main investment trends identify issues and shape future policies.At the conclusion of the workshop the participants recommended an action plan with several activities to facilitate the implementation of a digital transformation roadmap aiming at enhancing private sector Investment development.
