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Lesotho: Investment Climate Statement 2015
Paperback
Business GeneralSocial Movements
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ISBN10: 1532801963
ISBN13: 9781532801969
Publisher: Createspace
Published: Apr 18 2016
Pages: 24
Weight: 0.18
Height: 0.05 Width: 8.50 Depth: 11.02
Language: English
ISBN13: 9781532801969
Publisher: Createspace
Published: Apr 18 2016
Pages: 24
Weight: 0.18
Height: 0.05 Width: 8.50 Depth: 11.02
Language: English
The GOL maintains a strong commitment to private investment and is generally open to FDI, with the exception of limited restrictions on foreign ownership of small businesses. The GOL welcomes foreign investments that: - Create jobs and open new markets and industries in accordance with the national objective of diversifying Lesotho's industrial base;- Improve skills and productivity of the workforce and nurture local business suppliers and partners;- Support knowledge and technology transfer and diffusion;- Improve the quality and accessibility of infrastructure.Foreign investors enjoy the same rights and protections as Basotho investors. The government is aware of the challenges it faces as a small, landlocked, and least developed country in facilitating investment and is committed to improving the climate for investment.
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