On 10-11 June 2009, Vilnius will host THE WORLD FORUM for Direct Investment 2009. The forum, the first of its kind and scale in Lithuania, is hosted by Lithuanian Development Agency (LDA) in association with Red Hot Locations, a company engaged in producing foreign direct investment events.

"Red Hot Locations had negotiated the possibility of hosting this event with several countries. Lithuania has been chosen as a country representing the 'New Europe', region and this region's potential for growth.  Vilnius, Euopean Capital of Culture 2009, is a perfect place for such a forum, which is designated to promote foreign direct investment in a specific geographical region and specific economic sectors as well as improve the country's international image," Laura Guobuzaite, Acting Director General, Lithuanian Development Agency, has said.

The forum will be attended by some 200 top-level experts working in the area of foreign investment,  heads of international companies, members of chambers and associations of commerce of foreign cities, regions and countries, representatives of real estate development companies, law and consulting firms. Foreign direct investment decision-makers from all over the world are scheduled to discuss factors determining investors' choice as well as competition among countries to attract skilled and inventive labour.

The event will be held in Lithuania within the framework of Investment Promotion Programme 2008-2013 approved by the Government of the Republic of Lithuania. In recent years, such forums were held in Amsterdam, Brussels, Bologna and Valencia. This year, it was hosted by London.

More information on the event is available at: http:www.redhotlocations.com/wfdi_2009.cfm