President Kiir Promises Favourable Environment For Investment In South Sudan
South Sudan President Salva Kiir on Wednesday announced that his government
is ready to work out a favourable environment for investors aimed at
boosting the private sector.
 05 December 2013

*By Waakhe Simon Wudu*

*JUBA, 5 December 2013 [Gurtong] - *Kiir was addressing hundreds of both
domestic and foreign investors during a two day South Sudan Investment
Conference (SSIC) that kicked off from yesterday in Juba.

“South Sudan is ready and open to business,” Kiir told the investors.

Kiir assured the investors of bettering the security sector which has for
years remained one of the threatening challenges in the private sector
affecting investment.

He also promised to put in place legal frame works that ensure transparent
and accountable environment for business transaction.

“The government is aware that for both domestic and foreign investment to
succeed the policy frameworks perfecting various sector of the economy must
be established and effectively implemented,” Kiir said.

He said his government is putting in place necessary policies, laws and
regulations in order to create and encourage environment for both domestic
and foreign investment.

The South Sudan investment conference was attended by more than 400
investors.

Aggrey Tisa, the Finance Minister said it is aimed at creating a
sustainable economy in the fledgling nation.   (CLICK HERE TO READ FULL
SPEECH BY PRESIDENT
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