Overview of best prospect sectors, major infrastructure projects, significant government procurements and business opportunities.
Historically, mining, agriculture, forestry, and financial services have attracted significant foreign investment. The National Investment Commission (NIC) has also identified investment opportunities in agro-processing (rubber, rice, cocoa, cassava, oil palm, and aquaculture), renewable energy, infrastructure, information and communications technology (ICT), port management, housing, logistics, manufacturing, tourism, waste management (solid and medical waste), education, and health. The NIC has done little to incentivize investment in these sectors, however. Projects to reconstruct damaged infrastructure, including roads, bridges, seaports, airports, and storage facilities, and projects to increase power generation are significant investment opportunities and align with the government’s development platform, the Pro Poor Agenda for Prosperity and Development (PAPD).