Innovations in Foreign Direct Investment Attraction

4. Develop an annual supply chain program and action plan based on understand-

ing the common supply-chain needs of investors in key sectors being targeted and 

opt-in from key inward investors;

5. Identify local suppliers which can be targeted to supply the foreign investors;

6. Identify potential foreign suppliers which could invest in the country to supply 

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the existing investors;

7. Understand the capabilities of local suppliers through consultations and a clear 

framework for evaluating potential suppliers for specific investors and sectors as well 

as targeting foreign suppliers to invest in the country to fill gaps in the supply chains 

where local SMEs do not have the capability;

8. Raise the capability of local SMEs so they meet the standards required by foreign 

investors, which can be done in partnership with other organizations (e.g. an SME 

development agency or export development agency) or by recruiting specialist skills 

into the IPA, as was the case in the North East of England and CzechInvest;