Invest Gambia
About
STAKEHOLDER!
Developing
Economic
Prosperity
INVEST GAMBIA
2005 - TO DATE
Our Mission...
Ignite Innovation, Enterprise and Creativity; Accelerate The Evolution of Sustainable Communities; Drive Economic Growth and Productivity across The Gambia.
Our Vision...
The Gambia will be recognised as a World-Class nation in which to Invest, Work, Learn, Visit, Live and be Successful in Creating Wealth to benefit all of her People and Stakeholders.
Our Role...
Establish in 2005, Invest Gambia is a leader for developing economic prosperity. The institution has a open door policy in working with a range of Public Sector Partners; Voluntary and Community organisations and the Private Sector, to develop strategies and support projects that will help deliver the Vision 2020 and help transform The Gambia's Economy.
Our main objectives are defined as follows:
-
To further economic development and regeneration of The Gambia.
-
To promote business efficiency, investment and competitiveness.
-
To promote employment opportunities in the Gambia; enhance development and application of skills relevant to employment
-
To champion practical initiatives that will bring about Trade and Industrial revolution in The Gambia; Invest Gambia will deliver this by strengthening the Gambia's Export/Re-export Trade competitiveness.
-
To be a Major Stakeholder in the deliverance of the Gambia's Vision 2020; thereby contributing to sustainable Socio-Economic development of the Gambia.
Thus, ensuring that the Gambia becomes a premier choice destination for Foreign Direct Investment (FDI) in Africa.
The Gambia's Investment Climate...
The Gambia is an investment haven. This potential and promise is predicated upon sound and consistent macroeconomic polices, constitutional guarantees against expropriation of investment and for protection of investment
The Gambia has an investment policy, which is premised on six important pillars/premises. These pillars essentially include:
-
Liberal, free market economic environment together with appropriate political and social policy and programme framework;
-
adherence to the principles of democratic governance, constitutional guarantee of rights to freedom and liberty, welfare, property ownership and protection. In this regard, the country is constitutionally obliged to encourage, promote and protect beneficial investment as the enabler of socioeconomic change and progress.
-
full integration into the wider global economy through her membership of and adherence to charters and principles of Economic Community of West African States (ECOWAS), African Union, World Trade Organisation, Multilateral Investment Guarantee Agency (MIGA), African Development Bank, The World Bank Group, ACP-EU Convention, Islamic Development Bank and a host of bilateral trade agreements among others. These testify to the national resolve at participation and integration in the global economy.
-
Articulation of policies and strategies to make The Gambia a trade and investment gateway to the Western Africa sub-regional and the larger African regional market. The uniqueness of the country's location on the Atlantic coast of West Africa, proximity to European and North American markets, a highly efficient port system, state-of-the-art telecommunication infrastructure, high water table and ideal climate for horticulture, unrivalled rich climate and sea resource for tourism and sea resource exploitation amongst a host of other qualities, have placed the Gambia at a comparatively advantageous position to become the sub-regional hegemony in trade and services;
-
Conducive legal and institutional framework with labour laws that support and encourage collective bargaining in line with the stipulation of the Labour Act;
A national resolve and commitment to transform The Gambia into a middle income country by the year 2020.
© 2005 - 2014 by Invest Gambia.
