evidence: Since the mid-1990s, FDI has become the main source of external financing in developing countries and is now more than twice as high as official development assistance (Farla, de Crombrugghe and Verspagen, 2016). In the scientific literature, studies tend to show a positive correlation between FDI inflows and economic growth. In addition, it appears that FDI flows in developing countries are likely to stimulate domestic investment, create job opportunities, integrate local firms into global markets, increase wages, productivity and exports, and result in a transfer of technology, knowledge and management skills (see, for example, de Mello, 1997; Hirshhorn, 2015; Farla, de Crombrugghe and Verspagen, 2016; Rostami, Kalbfleisch and Xu, 2016; Pineli, Narula and Belderbos, 2019). However, mixed empirical results suggest that the benefits generated by FDI inflows depend on a number of factors, including the level of human capital and development of the financial system in the recipient country. That said, developing a strategy that fosters private investment in developing countries is an integral part of the international agenda to achieve the Sustainable Development Goals (SDGs).