The Investment Promotion Programme- spend to March 2019

Funded through the cross-government Prosperity Fund, the Investment Promotion Programme (IPP) is DIT’s first ODA funded programme. IPP will support key developing countries to attract foreign direct investment, which will build stable economies and reduce their reliance on aid. Targeted interventions will lead to an improvement in the quality of services delivered by foreign investment promotion organisations, their promotion campaigns and the investment projects they support. Supporting investment promotion can fast track economic transformation, helping to pave the way towards prosperity. Increasing the attractiveness and capability of developing countries for Foreign Direct Investment (FDI) can help create jobs, boost skills and productivity in the local economy of the focal countries. The object of the programme is to further sustainable development in the relevant countries leading to poverty reduction, higher living standards and addressing gender inequality.