(EGM) Foreign Direct Investment in Southeast Asia - Unido
(EGM) Foreign Direct Investment in Southeast Asia - Unido
(EGM) Foreign Direct Investment in Southeast Asia - Unido
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Appendix II: Open<strong>in</strong>g Statement by the Secretary-General of Thai Board of<br />
<strong>Investment</strong><br />
Mr. Satit Sirirangkamanont<br />
Dist<strong>in</strong>guished guests, ladies and gentlemen: it is my great honour to open and welcome you to<br />
the united nations <strong>in</strong>dustrial development organization expert group meet<strong>in</strong>g on foreign direct<br />
<strong>in</strong>vestment <strong>in</strong> <strong>Southeast</strong> <strong>Asia</strong>. This conference, jo<strong>in</strong>tly implemented by UNIDO and the<br />
Thailand board of <strong>in</strong>vestment, will exam<strong>in</strong>e the experiences and future policy implications for<br />
attract<strong>in</strong>g FDI among develop<strong>in</strong>g countries.<br />
We are all aware that foreign direct <strong>in</strong>vestment is one of the most crucial drivers of <strong>in</strong>dustrial<br />
development, competitive <strong>in</strong>dustrial performance, and the capacity to trade among develop<strong>in</strong>g<br />
countries. <strong>in</strong> this challeng<strong>in</strong>g era of globalization, the nations of <strong>Southeast</strong> <strong>Asia</strong> have been<br />
particularly effective <strong>in</strong> compet<strong>in</strong>g for and attract<strong>in</strong>g FDI. The successful <strong>Asia</strong>n development<br />
experience, and the central part played by FDI <strong>in</strong>-flows and their l<strong>in</strong>kages to domestic<br />
<strong>in</strong>vestment, holds significant lessons for other develop<strong>in</strong>g regions. The <strong>Asia</strong>n experience will<br />
cont<strong>in</strong>ue to develop policy coherence that is well-attuned to prevail<strong>in</strong>g economic conditions and<br />
articulated by policy-makers accord<strong>in</strong>g to local, regional, and global <strong>in</strong>vestment dynamics.<br />
Therefore, the assumed outcomes of this <strong>EGM</strong> are as follows:<br />
First, to meet the needs of develop<strong>in</strong>g countries for improvement of national policy, strategies<br />
and regulatory frameworks for <strong>in</strong>dustrial development promotion.<br />
Second, to build <strong>in</strong>stitutional capacities <strong>in</strong> develop<strong>in</strong>g countries with respect to mak<strong>in</strong>g available<br />
strategies for <strong>in</strong>tegrat<strong>in</strong>g their <strong>in</strong>dustrial sectors, through FDI, with global production networks.<br />
and, third, this <strong>EGM</strong> will create a global public good <strong>in</strong> the form of publication of its<br />
deliberations, conclusions and policy messages.<br />
While exam<strong>in</strong><strong>in</strong>g such specific themes as<br />
“<strong>Foreign</strong> direct <strong>in</strong>vestment & mult<strong>in</strong>ational enterprises <strong>in</strong> <strong>Southeast</strong> <strong>Asia</strong>”<br />
“Intra-regional FDI, regional trade, and <strong>in</strong>vestment”<br />
and,<br />
“Capital markets and FDI <strong>in</strong> <strong>Southeast</strong> <strong>Asia</strong>”.<br />
This <strong>EGM</strong> will most importantly provide a free-rang<strong>in</strong>g, specialized dialogue among experts and<br />
policy-makers on FDI-related matters and their effects on <strong>in</strong>dustrial development strategies.<br />
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