Kayumars Khaydaraliyev’s Post

THE SPECIAL ENVOY FOR TRADE AND INVESTMENT, MR. ALPHA K.M. LAVALIE, ATTENDS THE 28TH WORLD INVESTMENT CONFERENCE IN RIYADH, SAUDI ARABIA By Ambassador James Baimba Riyadh, Saudi Arabia – The Special Envoy for Trade and Investment, Mr. Alpha K.M. Lavalie, along with his team, represented Sierra Leone at the 28th World Investment Conference (WIC), hosted in Riyadh, Saudi Arabia. The conference brought together global leaders, policymakers, and business executives to discuss critical trends and opportunities in trade and investment, with a focus on sustainable growth and technological innovation. Day One Highlights The conference began with an impactful opening ceremony presided over by H.E. Khalid A. Al-Falih, Minister of Investment, Kingdom of Saudi Arabia; Nivruti Rai, Managing Director and CEO of Invest India and President of WAIPA; and Dr. James Zhan, Chair of the WAIPA Executive Board. Key discussions on the first day revolved around the following points: Saudi Vision 2030: Progressing towards green energy and technological advancements. Islamic Development Bank's Impact: Supporting development through loans to countries like Turkey and Indonesia. Global Maritime Leadership: Greece holds 23% of the world's maritime fleets, with efforts towards a "Green Greece." Globalization and Growth: Emphasizing trade and investment as drivers of economic growth and addressing inequality in policymaking. Foreign Direct Investment (FDI): Low-income countries represent one-third of global FDI inflows. Digitization and AI: Preparing policies to address AI's impact on labor markets and future work dynamics. Small Businesses and Enterprises: Recognized as the future of economic resilience. Sustainable Development: Discussions on leveraging funds for climate-focused initiatives and promoting circular, green, and blue economies. Renewable Energy Transition: Advancements in solar, wind energy, and electric vehicles as part of the green energy agenda. Orange Economy: Focus on industries like AI, fashion, tourism, and food, set to drive 80% of global GDP by 2025. Special Envoy’s Engagements Mr. Lavalie engaged in several productive meetings aimed at fostering trade and investment opportunities for Sierra Leone: 1. Meeting with Mr. Hussain Ahmed: Discussed expanding his existing business operations from Guinea to Sierra Leone. 2. Engagement with Mr. Sultan Al Mansour: Explored a proposal for establishing an electric motorbike business in Sierra Leone. Mr. Lavalie welcomed this environmentally friendly initiative and requested a detailed business proposal to move the collaboration forward. Commitment to Sierra Leone's Growth During the conference, Mr. Lavalie emphasized that Sierra Leone is open for business and committed to creating a conducive environment for investors. "Our office is dedicated to facilitating trade and investment opportunities for partners exploring Sierra Leone's abundant potential," he assured.

📣 Calling all social economy SMEs and intermediary organizations in energy-intensive sectors! 📣 SEE BRIDGE, coordinated by IMMIB - Istanbul Minerals and Metals Exporters Association and funded by the EU's Single Market Program, aims to empower social economy SMEs and entrepreneurs to innovate and scale up their green efforts in alignment with the EU Green Deal. 🌱💡 How? Through international and sectoral cooperation, online surveys, and tailored consulting programs, we're identifying the exact needs of SE SMEs and intermediaries. ➡️ If you're an SE SME in an energy-intensive industry, fill out our survey here: https://lnkd.in/dDvfBEeA ➡️ If you're an intermediary organization in the same sector, share your insights here: https://lnkd.in/dp7VFRaU Your input will directly shape our capacity-building efforts and pave the way for a more sustainable future. 🌟 Hurry! Your responses are invaluable and will be accepted until the end of the week. Let's work together towards a climate-neutral economy! 🌐💚 #SEEbridge #EUGreenDeal #Sustainability #ClimateAction #SocialEconomy #GreenTransformation

𝗧𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺𝗶𝗻𝗴 𝗧𝗿𝗮𝗱𝗲 𝗶𝗻 𝗣𝗡𝗚: 𝗔 𝗩𝗶𝘀𝗶𝗼𝗻 𝗳𝗼𝗿 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗹𝗲 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁 I recently attended the Masters Pinnacle 2024 at the UPNG, a remarkable business summit organized by the School of Business and Public Policy. The event, themed “Transforming Trade in PNG: A Vision for Sustainable Development,” brought together postgraduate students, faculty, industry professionals, and policymakers to engage in insightful discussions on PNG's future in trade and investment. A highlight of the summit was the keynote address by Hon. Richard Maru, Minister for International Trade & Investment, who presented an inspiring roadmap for sustainable economic growth. Here are the core insights that resonated deeply: 1️⃣ Economic Diversification & Self-Sufficiency: Emphasizing the need to expand non-extractive industries like agriculture, fisheries, and tourism, Maru highlighted how diversifying beyond mining & energy can build a resilient economy. By cultivating local industries, PNG can reduce dependency on imports and improve trade balance, creating more value domestically. 2️⃣ Empowering Special Economic Zones (SEZs): SEZs were showcased as catalysts for regional development, industrial growth, and job creation. Maru’s vision includes SEZs as hubs for manufacturing, processing, and technology, transforming areas across the nation into economic powerhouses that attract foreign investment and bolster local capacity. 3️⃣ Strategic Investments & Infrastructure Development: Addressing critical infrastructure gaps; power, roads, and communication, was presented as essential to unlocking PNG’s potential. Maru underscored that creating investor-friendly conditions involves infrastructure alongside law and order improvements, incentivizing sustainable investments in industries vital for economic transformation. 4️⃣ Innovation in Policy & Governance: Highlighting transparent resource laws, fair trade agreements, and streamlined regulations, Maru outlined how government reforms could facilitate better business partnerships and ensure local communities reap the benefits of PNG's rich resources. This is a call for visionary leadership to drive reforms that benefit both investors and citizens alike. 5️⃣ Value-Addition & Downstream Processing: Transforming raw exports through local processing is key to increasing export revenue, fostering employment, and minimizing vulnerability to global price fluctuations. By creating finished products for global markets, PNG can gain economic stability and forge its identity as a competitive player in international trade. 🔑 𝙏𝙖𝙠𝙚𝙖𝙬𝙖𝙮: Hon. Maru’s presentation was not only a roadmap but a powerful call to action for a sustainable, inclusive, and prosperous PNG. I’m inspired by this vision and look forward to witnessing - and contributing to - the transformation of PNG’s trade and investment landscape. #SustainableDevelopment #TradeTransformation #EconomicGrowth #PapuaNewGuinea #SEZ

To transition the global economy from fossil-fuel driven to net-zero emissions, Special Economic Zones (SEZs) have been earmarked as the proving ground for the adoption of new equipment, machinery, and technologies, ranging from energy-efficient solutions to bio-energy and carbon capture/utilization/storage solutions. As estimates indicate that this will come at a cost of about USD50 trillion in incremental investments by 2050, where do the investment opportunities lie?

🌍 The Power of Social Economy SMEs in the Green Transition 🌍 The Single Market Programme (SMP) Calls are live, offering a fantastic opportunity for social economy SMEs to shine. Last year, we had many discussions about what truly defines a social economy SME, and it's interesting how this concept varies across different EU countries. 🌍 Despite the different interpretations, we managed to be pioneers, starting with energy-intensive industries and helping them shift their focus. Instead of purely concentrating on marketing and selling, we encouraged these industries to think about their environmental impact and adopt greener practices. 🌱 This journey led to the success of the SEE BRIDGE, which was one of only six projects selected across Europe under the SMP calls—and the only one from Türkiye. We’re proud to support industries that are now more aware of how their production affects the environment and are taking steps to be part of the solution. For those applying to this year’s call as a consortium, here are a few tips: - Ensure your consortium has the full capacity to meet all requirements. The call is detailed, so make sure you’re prepared for each aspect. - Align your objectives closely with the program’s goals and specific topics to enhance your chances of success. - Be careful with reference documents and work through them thoroughly. Make a clear connection between the references and your project objectives. - The budget of the call can sometimes create issues. Please check all documents from the submission section carefully. - Lastly, ensure the minimum number of participants is achievable with your consortium’s capabilities. If you're a social economy SME or cluster, don’t miss this chance to make an impact. Let’s continue driving change together! 🚀 What part of the proposal is the most difficult to write? And where do you start writing from? #socialeconomysmes #greensmes #smp#cosme #sustainability IMMIB - Istanbul Minerals and Metals Exporters Association IMMIB EU Projects Department COSME TÜRKİYE

#ECONOMY 📍Portugal's Minister of Economy, Pedro Reis, stated that the country is becoming a "safe haven for investments" amidst geopolitical and economic instability. Speaking at the Financial Times conference in Lisbon, he emphasized that in the current environment of volatility and new trade patterns, Portugal offers a favorable ecosystem for private investments and innovation. 💡 A particular focus was placed on the high share of renewable energy, accounting for over 60% of total electricity production, and the relatively low electricity prices. According to AICEP, these factors position Portugal as a competitive destination for sustainable investments and technology. Additionally, Portugal ranks among the top 30 countries globally in investment attractiveness, according to the Global Competitiveness Index. 🔑 Key investment sectors: renewable energy, innovation, and sustainable development. https://lnkd.in/dFG4sn-m

**Sustainable Finance in Central Asia: The Silent Revolution Everyone's Ignoring! 🔥** It's tragic, but true: The world doesn't seem to care about the potential of sustainable finance in Central Asia. They're too busy recycling clichés to notice the REAL change happening under their noses. 🤯 Central Asia is emerging as a financial powerhouse, paving the way with sustainable economic practices. Yet, while nations are waking up to green finance and aligning with the Sustainable Development Goals (SDGs), many still dismiss this region as merely a strategic land bridge. 🚀 But here's the eye-opener: integrating sustainable finance into Central Asia isn't just an environmental move; it's a game-changer for economic growth and stability! 🌱🏦 **Why should YOU care?** 1. **Investment Opportunities**: The green transition is paving the way for innovative businesses to thrive, thanks to increased investments in renewable energy and infrastructure. 🌍 2. **Political Stability**: Countries investing in sustainability often experience improved governance and stability, creating a safer environment for all types of ventures. ✌️ 3. **Financial Resilience**: Sustainable financial practices ensure long-term economic health, mitigating risks associated with climate change and ensuring prosperity for future generations. 📈 4. **Tech Integration**: With platforms like Finotor, businesses in Central Asia can seamlessly integrate sustainable practices into their financial operations, enhancing efficiency and transparency. 💻 This silent revolution isn't just for the eco-conscious; it's a must-watch for anyone looking to be at the forefront of global finance transformation. Central Asia is leading the way—will you join them or stay stuck in the past? Let's discuss: How do you see sustainable finance reshaping the future of global economies? 🌐👇 Franck BRUNET ---------------------- Liked this post? Want to see more? Ring it on my profil 🔔 Connect with me 🔝 Follow me: #franckbrunet #finotor

Hello all, the World Investment Report 2024 has being released. Global foreign direct investment (FDI) fell by 2% to $1.3 trillion in 2023 amid an economic slowdown and rising geopolitical tensions, according to the World Investment Report 2024. But the report highlights that the decline exceeds 10% when excluding the large swings in investment flows in a few European conduit economies. The downturn in project finance affected sustainable development, with new funding for Sustainable Development Goals (SDGs) sectors dropping over 10%, particularly in agrifood and water. This hampers efforts to achieve the 2030 Agenda and calls for urgent policy action to revamp sustainable development finance. The report emphasizes that business facilitation and digital government solutions can address low investment by creating a transparent and streamlined environment. It highlights significant growth in online services and information portals, saying such tools also support broader digital government development, benefiting developing nations in particular. I've shared chapter three of the report, it's a good read. full report here https://lnkd.in/dH_Ksc3B

Interesting article that explains why Australia’s long term economic growth forecast could be undermined by companies falling behind their global peers in critical technology investment. Labor shortages, energy transition and de-globalisation are some of the factors that should however act as strong enough incentives for companies to increase invest in plants, equipment and technology over the coming years.

Sustainable development in the Asia-Pacific involves challenges distinct to the region and our colleagues at Griffith Asia Institute have released a comprehensive report providing new insights and actionable pathways for economic prosperity. The Griffith Asia Pacific Strategic Outlook 2024 (GAPSO) report analyses challenges and presents opportunities for economic potential in the region which is projected to contribute to 60 per cent of global GDP growth in 2024. Read more here 👉 https://ow.ly/izLj50QYnnr