Market Challenges
Learn about barriers to market entry and local requirements, i.e., things to be aware of when entering the market for this country.
Last published date: 2022-09-11
- Regulatory and legislative unpredictability
- Inefficient bureaucracy and a slow-moving court system
- Corruption and the influence of entrenched interests in some sectors of the economy
- Long and arduous process of acquiring construction permits
- Complex, and often opaque, tendering process
- Aging population with low purchasing power