The last decade has witnessed a specialization of FDI and its increased facilitation of economic diversification. To stay competitive in the global FDI Arena Investment Promotion Agencies (IPA’s), Economic Development Organizations (EDO’s) and Free Zones need to optimize their operations and shape their policies and investment laws to attract more qualitative FDI. ICA offers IPA’s, EDO’s and Free Zones a framework through the following four phases for qualitative FDI Attraction: