Investors Roadmap
Project / Program Summary

I. Basic data

Sector(s): Private Sector Development
Title: Investors Roadmap
Donor country / organization: USAID
Other donors / organizations involved:
Beneficiary countries / regions: The COMESA Region (Eastern and Southern African Countries)
Implementing agencies in beneficiary countries / regions: Government of COMESA member States
Duration: 2 years
Starting Date: June 1998
Project / Program budget:
Finance / Type of cooperation: grant

II. Project / program description

  1. Objectives
    The objectives of this exercise are to:
    • clearly identify in a detailed fashion the impediments to regional trade and investment;
    • delineate the step-by-step requirements an entrepreneur must make to become legally operational in one country and trade with another in the region;
    • to prepare a document to be used as a tool to immediately encourage governments to reconsider current practices and shift to a more service-oriented mentality;
    • make the agencies that deal with entrepreneurs and traders more efficient, flexible, and responsive so as to strengthen economic reforms; and
    • to promote regional integration by improving investment opportunities and market access in the COMESA region.
  2. Activities / contents
    Catalogue in each member State the process investors need to go through to set up an enterprise in a member State and then trade with other COMESA States.
    On the basis of the national road maps prepare a Regional Investor Roadmap.
  3. Expected outcomes / impacts
    The primary outcome to be achieved is to increase the levels of trade and investment.
    Secondary outcomes are:
    • the process of investing in a member State is made easier and less time consuming;
    • the investment process is made more transparent;
    • volumes and values of trade increase;
    • investment laws and regulations are streamlined and harmonised with other COMESA member States; and
    • barriers to trade are reduced.
  4. Features in line with the Agenda for Action
    In line with the Agenda for Action as part of the Private Sector Development, this project will promote and facilitate foreign direct investment and trade. It will promote regional integration by removing obstacles to cross-border trade and investment.

III. Contact point:

Division of Investment Programming and Private Sector Development in the Secretariat of the Common Market for Eastern and Southern Africa (COMESA)

(End)


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