Innovations in Foreign Direct Investment Attraction

Guidelines for IPAs from LAC

The following action plan is recommended for developing a supply chain program:

1. Identify the most important sector(s) in the country so the supply chain pro-

gram can be developed on a sector basis for investors. Sectors should be identified 

based on the size and potential for local sourcing – either with local SMEs and/or 

attracting foreign suppliers in. It is recommended to start the program as a pilot 

project with one sector;

2. Identify a long-list of existing investors with potential to build a local supply 

chain;

3. Understand the supply needs of existing investing through conducting detailed 

consultations with existing investors to understand their company, operations, sup-

ply chain policy, current local sourcing, potential for local sourcing and/or attracting 

foreign suppliers, and issues they currently have with localizing the supply chain;