Roles of FIPB
1. Make Investment Process Simpler: The main role of FIPB is to make the investment process easier for foreign investors, as the committee makes every effort to approve requests for foreign investment.
2. Reviewing FDI Policies and Proposals: To increase system and policy transparency, the board also evaluates the FDI policies that can be used for communication with other organisations such as administrative agencies, legal counsel, and others. The board also ignores the accepted proposals after the initiative has received government approval.
3. Facilitates Communication: It allows for easy communication between the government, non-government organisations, and other commercial parties in the country, which increases the flow of FDI into the country as a whole.
4. Promotes Growth and Development: The board also contacts a variety of businesses to identify those areas that need FDI for growth and development.