New agency and recent report aim to put Sweden on investors priority list

PRESS INFORMATION
1996-06-28
New agency and recent
report aim to put Sweden
on investors priority list

With a solid industrial tradition, an efficient infrastructure, low payroll costs and low corporate tax rate, and its position as a springboard not only to Europe but to the emerging economies of the Baltic countries and Russia, Sweden will now substantially increase its efforts to attract foreign investments.

Aiming to faciliate foreign direct investment and enhance foreign business activities, Invest in Sweden Agency, ISA, has been established by the Government. In the just published "Invest in Sweden Report 1996", a 46-page updated multilingual review aimed at potential investors, Sweden is presented in detail and the services offered by ISA. Strategic alliances, joint ventures and financial ownership commitments will also be promoted.
In his Agency introduction, Prime Minister Mr. Göran Persson says the Government will not only encourage foreign investments but "is also committed to improving further the investment climate and business conditions in Sweden".
The two main tasks for ISA will be to provide selective information and advice about Sweden as a location for investments. This will be done with a substantial and regularly updated databank, an interesting web-site (http:/www.isa.se), specific brochures and an inquiries service, handled by qualified staff in Stockholm, New York and Tokyo.
Furthermore, ISA identifies and initiates projects by targeting specific sectors. "ISA´s project activities aim at marketing the unique attractive features of key Swedish areas and competencies", says Kai Hammerich, Director-General. By exposing the "assets" existing in Sweden´s industrial and service sectors, ISA aims a attracting foreign investment and creating business opportunities.

The report can be ordered - free of charge- in one of six languages from
ISA,
S-103 38 Stockholm,
Sweden













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