South Sudan Urged To Establish Investment Frameworks

US’ Special Envoy for Sudan and South Sudan, Donald Booth during the Investment Conference on Wednesday [Gurtong| Waakhe Simon Wudu]

US Special Envoy for Sudan and South Sudan, Donald Booth said that a transparent and accountable environment would attract several investors, saying investors fear risking investing in a loosely governed economy.

Booth underscored South Sudan government’s holistic approach – launching an investment conference on Wednesday – in a move to wipe out critical challenges faced in the country when it comes to investment. 

He spelt out policies such as; the Land Act, Trade License Bill, Micro Finance Bill, South Sudan Revenue Authority Bill, Commerce, Industry and Investment Trade Mark Bill as key tools that the government should put in place to boost investment in the fledgling nation.

The Head of the United Nations Mission in South Sudan (UNMISS), Hilde Johnson stressed the close observation of the laws once in place, saying they need to be abided by and also implemented.

She said a corrupt free country can attract several investors.

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