26th World Investment Conference Opening Ceremony

Opening Remarks | #WIC22


Mr. Mathias Cormann, Secretary General, OECD

 “We realise an urgent need to improve the resilience of our supply chains. At the same time, we must also continue to focus on green and digital transformation.”: Mr. Mathias Cormann, Secretary General, OECD


Some other excerpts from the talk:

  1. Foreign firms are likely to offer 50% more opportunities than domestic firms, 60% more likely to invest in research and development, and three times as likely to incorporate climate change issues.
  2. I strongly encourage IPAs to consider OECD instruments and standards when designing investment promotion strategies.