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On 20th February, the Minister for Foreign Trade and Development Cooperation presented the interim evaluation of Invest International, conducted by Dialogic in collaboration with Prof. Dr. Peter Roosenboom and Prof. Mr. Jacobine van den Brink, to the Dutch House of Representatives and Senate, accompanied by a policy response.
Invest International in brief:
On 14th July 2021, the Authorization Act for the establishment of Invest International came into effect. Invest International has a dual objective: providing support for (1) internationally focused activities of businesses and international projects contributing to the Dutch economy by enhancing international competitiveness and profitability, and (2) international projects that address global challenges such as sustainable economic development. This entails a dual objective of contributing to the Dutch economy and offering solutions to global issues.
From August to December 2023, Dialogic examined how Invest International implemented the tasks outlined in the Authorization Act, the results achieved by Invest International, and the added value of Invest International. This interim evaluation aimed to provide an in-depth analysis of Invest International. Dialogic employed various research methods, including a dossier study to understand the structure and operations of Invest International, a quantitative analysis of Invest International data to evaluate its financial flows, and an extensive interview round involving individuals from the government, private sector, and Invest International itself.
Overall, we conclude that Invest International is an agile organisation that executes its tasks energetically and proactively. By doing so, it fulfils the objectives outlined in the Authorization Act for establishing Invest International. In a short period, Invest International has established itself as a professional organisation with a strong dedication to further improvement, which is a remarkable achievement considering the complex nature of Invest International.
We have identified five recommendations to enhance the efficiency and effectiveness of Invest International:
- Clearance should be provided promptly on whether Invest International can expand its core capital.
- Collaboration between the Ministry of Foreign Affairs and Invest International can be improved in various areas.
- In risk assessments, Invest International should give greater consideration to the perspective of the Ministry of Foreign Affairs, in addition to that of an investor.
- If Invest International aims for growth, it should continue focusing on external profiling.
- Invest International, the Ministry of Foreign Affairs, and the Ministry of Finance should collaboratively develop instruments in the medium term to further enhance synergy cautiously.
