Current modality of investment attraction closing in on its nadir
THERE is something abundantly familiar with expressions that the government has set a target of enlisting 1,500 investment projects worth $15bn/- by December this year. Listening to Minister for Planning and Investment Prof Kitila Mkumbo, the key issue is to improve business environment, with some key steps being infrastructure development in special economic zones. The SEZ initiative dates back to over 20 years ago, and global conditions have shifted from realities of that period. It is unclear if policy has been updated.