Ministry of Trade regenerates economy


MASERU – LESOTHO will host a two-day International Investment Conference from June 30 to July 1.

According to a statement issued by the Ministry of Trade and Industry, the conference will be another component of Lesotho’s efforts to regenerate the economy that has sank into a deep recession as a result of COVID-19 pandemic.
It notes that due to the COVID-19 health restrictions, the event will be held virtually.

It adds that participants will among others be drawn from local and international investors, public sector officials and representatives of international agencies.
The statement shows that the clearly defined agenda of the conference is to promote and put into the market more than 21 viable investment projects that are part of the recently completed Investment Compendium.
It further states that the participants will be expected to explore other investment opportunities including possible joint ventures between Basotho and International Investors.
It points out that preparations for the conference are underway with various stakeholders actively participating in preparatory events.
It adds that some of the events held so far include two high-level public private dialogues held by the Prime Minister’s Delivery Unit (PMDU) from April 1 -8.

Lesotho is repositioned as a preferred destination for foreign direct investment.

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