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Cameroon: Investment Climate Statement 2015

Cameroon: Investment Climate Statement 2015

Paperback

Business GeneralSocial Movements

ISBN10: 1532751966
ISBN13: 9781532751967
Publisher: Createspace
Published: Apr 15 2016
Pages: 30
Weight: 0.21
Height: 0.06 Width: 8.50 Depth: 11.02
Language: English
The GRC wants to attract foreign direct investments. The Prime Minister of Cameroon repeated this commitment in 2014 during his budget speech. Figures from the United Nations Conference on Trade and Development (UNCTAD) show that in 2013, Cameroon received FDI inflows of USD 572 million, which represents a net increase of 8 percent from the previous year. Cumulatively, since 2010, FDI represents 22 percent of the national gross domestic product (GDP); however, compared other countries within the region, Cameroon remains a modest FDI destination in Sub-Saharan Africa. Cameroon does not have policies that deliberately discriminate against foreign investors by prohibiting, limiting, or conditioning foreign investment in a sector of the economy.

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