Lesotho - Foreign investment





The government actively encourages foreign investment, particularly investment in manufacturing plants and agricultural projects. The Lesotho National Development Corp. promotes industrial estates, with such attractions as a 15-year discretionary tax holiday or accelerated depreciation allowances, plus LNDC capital participation of up to 25%.

Annual foreign direct investment (FDI) inflow into Lesotho was $269 million in 1997, but declined steadily for the rest of the decade, amounting to $119 million in 2000. For the period 1997 to 2000, net FDI equaled over one-fifth (21.8%) of its GDP, the highest such ratio in the world. Most FDI is concentrated in textiles, garments, and light manufacture.

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Relebohile Pearl Lehasa
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Jan 13, 2012 @ 3:03 am
Actually i do not regard this as a comment but a question.Whats are the problems foreign investors experience in Lesotho and what measures are taken to address those problems

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