Ministry Working On Investment Policy

This article was last updated on May 25, 2022

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She disclosed that the ministry has a blue print on strategies to ensure friendly investment environment and that the investment lies on the nature of the policy framework.

The ministry was established in February 2012 and is the principal government agency responsible for administering state wide policies on development of private sector and public private partnerships, and creating conducive investment environment.

She said saying the ministry will build up policies to safeguard the citizens as well as the investors in Private Sector Development, Promotion of Private Public partnerships and the establishment of Special Economic Zones for development projects.

The ministry is determined to promote and make the state the most preferred investment destination in the country.

In order to attract investors, the ministry will organize a series of forums which shall bring together a number of key players and influencers including policy makers.

Currently the ministry is working on an Investment Encouragement Bill for 2012-2013 through consultations with the state leadership before it is presented to the Council of Ministers for deliberations and subsequent approval.

The ministry coordinates industrial, commercial and trade matters and liaises with various public and private sector organizations to facilitate the implementation of government policies related to commercial and trade activities, industry, investment and mining.

Eastern Equatoria State is rich in natural resources, with a vast arable land, tourist sites such as Fulla falls and Nimule National Park in Magwi County, Imatong Ranges and Kidepo Game Reserve in Ikwoto County.

There exists wildlife in Badingilo and Boma National Park, gold deposits, limestone, fossil fuel and precious stones in Kapoeta and oil in Block B covering the north western part of the state. 

According to the minister, the key mandate is formulation of policies to develop industries and create employment, improve the competitiveness of domestic economy and promote investment in the state.

The ministry plays a stimulating and facilitating role in building a sustainable and diversified state economy for the benefit of its people.

The goal is to improve the state’s economy through vital investments in potential growth industries but not limited to, agriculture, livestock, energy, mining, healthcare, communications, financial services, industry, wildlife, tourism and education.

The minister revealed that her ministry will establish partnerships to enhance the opportunities and foster innovation in these sectors.