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Madagascar seeks to improve its attractiveness to foreign investors

Published on December 08, 2015

Specific policies, targeted sectoral strategies and effective institutions to implement them are instrumental to meeting Madagascar’s development objectives, according to the Investment Policy Review (IPR) of the country which was discussed at an intergovernmental meeting at the United Nations in Geneva on December 3.

The event brought together high-level representatives from the Government of Madagascar, the international community and local and foreign investors.

“Madagascar has promising opportunities for foreign direct investment (FDI), but to transform this potential we need investors and infrastructure. The positive results of FDI are far from automatic, especially with regards to achieving sustainable development goals and improving quality of life,” said Madagascar’s Minister of Industry and Private Sector Development Narison Rafidimanana, who led his country's delegation to Geneva. Read more. Source | World Trade Organization