Every time both sides met, it was almost always to air frustrations and many times, to declare war. Things are different now. Both parties are more willing to work together than previously. From an investment promotion perspective, it is refreshing to see this relationship becoming stronger .

This in line with one of the key functions of the VFIPA -to play the role of a mediator between the government and private sector in terms of promoting and facilitating foreign direct investment into the
country. In demonstrating VFIPA’s commitment and support of this new dawn of relationship, VFIPA’s CEO, Mr Aru has been making very strong calls. This relationship began when the
government called for a review of the Foreign Investment Act (CAP 248).

This saw the formation of a public private partnership (PPP) between VFIPA, MTTCNVB and VCCI that undertook the review of (CAP 248).