| Summary: | This article focuses on policies and instruments for attracting foreign direct investments. Currently there is a strong global competition to attract foreign capital due to the important role of foreign direct investments to achieve economic growth. Foreign investments are also important for the develop-ment of any country and it’s functioning on mar-ket principles and in the modernization of national economies, especially those in transition, because they bring advanced technologies and know-how, modern equipment, new standards of quality, by switching to a higher type of growth.The main purpose of this article was to identify the measures taken by the local government to at-tract foreign investment in Cluj County and the pos-sible measure that can be taken in order to attract new foreign investors. The research has established the tools used by the local government in attracting foreign investors and their usefulness, concluding that Cluj is successful in attracting investors, be-cause it has a number of competitive advantages over other locations. Also, the research identifed possible ways in which local government should act in the future in order to attract investors and to main-tain those already present in Cluj County economy.
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