FDI is playing a vital role in the development of the economic condition of Guinea Bissau

Foreign Direct Investment (FDI) plays a major role in the development of the economic condition in most of the developing countries across the globe. It complements the level of domestic investment in any economy and paves way for economic efficiency gains by means of sharing new technology, management knowledge and understanding business cultures all over. Carlo Scevola, who is the advisor to the Prime Minister of Guinea Bissau on investments and EU relation helps by bringing in FDI from private investors from various countries.

FDI is required by the underdeveloped countries because they need huge amount of investment to start industries right from scratch. The FDI comes with added benefits from the developed economies in terms of technology transfer, transfer of business acumen and connecting with the foreign countries to expand their business abroad. However, it is not easy for any underdeveloped company to receive business investment from private parties. The investment and business promotion agency of the government needs to develop good relation with investors abroad and lure them into investing by offering them better investment opportunities which can result in better growth in comparison to other investment opportunities.

Carlo Scevola is the most suitable man for this job. His company is well known for providing strategic guidance to their clients on several financial related issues. His business acumen as an economic advisor can help Guinea Bissau to attract FDI in suitable business industries. Carlo Scevola also helps the government investment agency to draw out an economic development program which suits the company’s best interest. The economic development work of Guinea-Bissau will benefit from the experience and knowledge of Carlo Scevola who is famous for being an economic strategist of international acclaim.