A series of surveys of private sector views on the business climate conducted by the Commonwealth Business Council (CBC) found that predictability and simplicity of regulation is a priority for investors. Foreign investors especially would rather see a good business environment than elaborate incentives. The report recommends pro-active strategies that engage the government and those actors actually taking investment decisions, and that include concrete recommendations and implementation procedures. This approach can make a real difference in investors� perception and consequently on FDI flows.