Adopts Investment Code
12 Nov 2013
The Code intends to ensure greater flexibility and openness with regard to market access through the reduction of activities subject to prior administrative authorization. It embodies the principle of freedom of investment, gives guarantees to investors, provides for dispute resolution and introduces new provisions on land ownership. The Authority will have decentralized offices enjoying a decision-making power in order to ensure greater transparency in the implementation of provisions of the code at the regional levels. It envisages regional development, integrated employment, strengthening activities with high value added, knowledge-based economy and export and, based on the principles of governance, transparency, sustainable development and improving competitiveness. The Code was adopted by the Council of Ministers and submitted to the National Assembly.
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Type:
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Entry and establishment (Access to land, Approval and admission)
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Treatment and operation (Dispute settlement, Operational conditions)
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Promotion and facilitation (Investment facilitation )
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Industry:
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Sources:
