World Association of Investment Promotion Agencies

WAIPA World Investment Conference (WIC) PRESS RELEASE

Istanbul, May 15, 2014

The WAIPA World Investment Conference (WIC) 2014 has successfully ended with a decision to move headquarters to Istanbul.

With much zeal and fervour, 86 Investment Promotion Agencies (IPAs) attended WAIPA’s main 3-day annual event in Istanbul, Turkey at the Four Seasons Bosphorus Hotel.

In its 19th edition, now under the presidency of Invest in Turkey (ISPAT), WAIPA WIC14 Istanbul drew an audience of approximately 200 international delegates, eager to learn of WAIPA 2015 Strategy, the center-piece of which being the relocation of the organization’s headquarters from Geneva to a more cost effective location.

Out of a General Assembly of 86 IPA Members present, 82 voted (almost unanimously) to move the offices to Istanbul, the city known for its connectivity and one that is emerging as one of the leading financial centres for the world.