The ETO-RIIPS System

WHAT IS RIIPS?

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RIIPS IN BRIEF

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Regional servicing members and associate members of ESCAP in Asia and the Pacific


Investment focusing on investment aspects


Information providing company-, country- and industry-specific investment information


Promotion facilitating a wide range of investment promotion activities, such as match-making, investment fora and missions, and training


Service linking up enterprises, business organizations, national investment boards, chambers of commerce and industry and other investment-related institutions

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RIIPS BACKGROUND

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RIIPS was initiated by the ESCAP members and associate members and was endorsed through the various resolutions at the annual meetings of the Commission. The establishment of a regional investment information and promotion service was included in the Acti on Programme for Regional Economic Cooperation in Trade and Investment in 1993.


From its onset, RIIPS was designed so as to cooperate closely with other organizations and emerging initiatives in the same field.


Apart from the ETO-RIIPS cooperation, the other main cooperating partner is the Chamber of Commerce and Industry of Western Australia (CCIWA). CCIWA, within the framework of the Confederation of Asian and Pacific Chambers of Commerce and Industry (CACCI), has initiated Trade Match.


Trade Match contains company data on CD-ROM of 18 CACCI members (Australia, Bangladesh, Brunei Darussalam, Hong Kong, India, Indonesia, Japan, Malaysia, New Zealand, Pakistan, Papua New Guinea, the Philippines, Republic of Korea, Singapore, Sri Lanka, Tai wan Province of China, Thailand and Viet Nam) which is to be regularly updated by the respective chambers of commerce and industry.


Under an arrangement with CCIWA, company-, country- and industry-specific investment information of both, CACCI and non-CACCI members will be included into the Trade Match CD-ROM.

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RIIPS SERVICES

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Investment information services

company-specific information

basic information on potential business partners for initiating contact, such as name, address, telephone, fax and telex numbers, contact persons, line of business, major products and services etc.

country-specific information

detailed information on foreign investment laws and regulations, investment incentives, investment application and approval procedures, and services of national investment promotion agencies in each country

industry-specific information

information on specific industry sectors in which each country wishes to promote foreign investments, including characteristics of such sectors, responsible industry organizations etc.

Investment match-making services

ranging from a preliminary identification of potential investment partners and the establishment of initial contacts between them, to the matching of specific investment projects

Investment promotion services

assisting SMEs by organizing investment seminars, missions and advisory services to increase their investment knowhow, as well as promoting specific investment opportunities for them

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RIIPS STRUCTURE

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In order to enhance the effectiveness of RIIPS, a network of national focal points will be developed. Any of the national institutions in the members and associate members of ESCAP, such as boards of investment, chambers of commerce and industry, manufacturers associations and other business organizations, can become focal points.


For RIIPS to function properly, the full committment of the national focal points is essential. National focal points will be responsible for networking within their own country as well as among RIIPS participating countries, and will undertake, among oth ers, the following tasks:

• Prepare and make available company-, country-, and industry-specific information on their respective country, with a focus on already existing and publicly available information
  

• Transfer such data to ESCAP in a standardized format and provide regular up-dates
  

• Disseminate information and distribute the Trade Match CD-ROM to subscribers
  

THE ETO-RIIPS FACILITY

The ETO-RIIPS system provides the following features to subscribers:

• the transfer of investment opportunities between subscribers using a front-end telecommunication application software that provides the user with an integrated solution;

• interrelation of advanced telecommunication technology with multimedia presentations in order to incorporate voice, photos, videos into the text of the ETO-RIIPS Investment Coding Form;

• the automatic matching of investment offers/requests. Companies interested in investing in a project abroad/proposing an investment project have to fill in the ETO-RIIPS Investment Coding Form, specifying the countries, the economic sector and the siz e of investment offered/requested.

  If an appropriate match is found within the network, the on-line subsriber will receive an immediate response to his requests.

• a facility to track the number of sucessful matches and their business transactions originating from ETO-RIIPS. This facility also includes a statistical summary for monitoring the matches.

For further information on ETO-RIIPS please contact:

ELECTRONIC TRADING OPPORTUNITIES
Email: cmoreira@eto.geis.com

RIIPS please contact:
INTERNATIONAL TRADE & ECONOMIC COOPERATION DIVISION UN-ESCAP
Rajdamnern Avenue
Bangkok 10200, Thailand
Tel: (662) 288 -1234,1449 and 1410
Fax: (662) 288 - 1026 and 1027
Internet: RIIPS.unescap@un.org