Ministry not aggressive in attracting FDI-PAC

Friday, June 06, 2014

While Botswana is ranked the number one investor friendly country in the world, the Public Accounts Committee (PAC) is not convinced the Ministry of Trade and Industry is aggressive enough to attract Foreign Direct Investment (FDI).

Assessing the Ministry of Trade and Industry (MTI) on Wednesday, MP for Kgatleng East Isaac Mabiletsa said, “We can see the efforts but what proof can you show that this is the result of your efforts in bringing FDI into the country”.

MP for Selebi Phikwe West, Gilson Saleshando said although the ministry is trying to bring foreign investors, the country does not have the right assets for competition.

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Ministry not aggressive in attracting FDI-PAC

While Botswana is ranked the number one investor friendly country in the world, the Public Accounts Committee (PAC) is not convinced the Ministry of Trade and Industry is aggressive enough to attract Foreign Direct Investment (FDI).