Trade and Investment Opportunities
Like other economies of the world, Lesotho pursues trade and investment (Domestic and Foreign) opportunities to contribute towards economic growth and address socio-economic challenges facing the country. The country has adopted a five-year National Strategic Development Plan II as a growth strategy to guide the programming and implementation of interventions for sustainable economic growth. The theme of the NSDP II is:
“Employment and Inclusive Growth: In Pursuit of Economic and Institutional Transformation for Private Sector-led Jobs and Inclusive Growth”.
The growth strategy is anchored around four productive sectors with the greatest potential to create jobs and achieve sustainable inclusive growth namely:
The NSDP II pillars include:
Lesotho National Development Corporation (LNDC) is the first point of contact for investment and trade enquiries as well as Lesotho’s leading investment and trade promotion agency mandated to:
“initiate, promote and facilitate the development of manufacturing and processing industries, mining and commerce in a manner calculated to raise the level of income and employment in Lesotho.”
The trade and investment climate in Lesotho is supported by a comprehensive legal and regulatory system, stable macroeconomic environment, highly literate and trainable labour force and competitive production costs in terms of labour and raw materials sourced from the neighbouring South Africa and other locations across the world under favourable trade preference conditions. Central to the investment climate regime is the incentives package offered to investors that include those shown below:
Please contact the LNDC if interested in considering Lesotho as an investment and trade location.
LNDC Contact Information: