In the focus of the 2020 ranking was the ability and readiness of the IPAs during the COVID19 pandemic to maintain relations with investors using the digital channels.
Over the course of the past quarter, the role of investment promotion agencies has never been more important. Being able to stabilise existing investment, while still taking proactive measures to drive new investors to their jurisdictions has remained a key priority for those locations that are committed to dynamism and a diversified economy.Peter Ryan, principal at Ryan Strategic Advisory, told Emerging Europe.
Those that did this well were cities, provinces and countries that embraced digital channels to communicate seamlessly with those firms already on the ground, while luring new ones with a well-rounded value proposition. The fact that those countries rated in this year’s top five IPA listings were able to achieve such rankings speaks to the motivation and ingenuity of the teams within each of those national organisations,”
The full Investment Promotion Report 2020 will be available in early July.