Dünya - Turkey will be the second-in-command of the World Association of Investment Promotion Agencies (WAIPA) between the years 2013 and 2015. Investment Support and Promotion Agency of Turkey (ISPAT) has been elected to the post of Vice Presidency of the umbrella organization of 164 investment promotion agencies from 122 countries at the XVIII WAIPA World Investment Conference 2013 held in Geneva, Switzerland.
ISPAT gathered the clear majority, 65 percent, of the votes in the General Assembly of WAIPA to replace Spain, while Hong Kong took over the leadership role of WAIPA from Brazil for the next term.
"Our election to the Vice Presidency of WAIPA coincides with ISPAT's increased efforts to promote Turkey's investment environment and to develop sector-, country- and even product-based strategies to attract international investors. Complemented by Turkey's rise as an economic and political powerhouse in the global arena, this success will strengthen our resolve to better present our country to international investors.”, ISPAT President Ilker Ayci said upon accepting the post.
WAIPA is a non-governmental organization founded in 1995, which acts as a forum for cooperation and exchange of best practices for the promotion and development of investments.