FAO.org

Territorial approaches to foster agro-industrial investment at local, country and regional levels are becoming increasingly relevant as policy-makers acknowledge the influence of place-specific factors – the endowment of natural and other productive resources together with social, institutional and knowledge capital. As a consequence, a number of instruments to attract agro-industrial investments into specific locations are becoming mainstream, namely agrobased corridors, clusters and special economic zones, as well as agro-industrial parks and incubators.

This sourcebook appraises these instruments and considers their nature and objectives, their potential benefits and challenges and the approaches used to implement them. It also examines the practices that have led to both successful and unsuccessful outcomes. The publication provides a comprehensive review of the potential of these tools to enhance value addition, deliver jobs, increase exports and provide markets for new and existing producers in the targeted territories. It notes, however, that implementation of these tools poses a number of challenges. For example, planners and practitioners sometimes use them interchangeably, thus ignoring the specificities of the investments, policies and processes required, and their expected outcomes. The sourcebook concludes that these tools have potential for catalytic impact, but planners need to make sound choices that respect demonstrated principles and follow good practices for effective design and implementation.