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WHY YOU SHOULD INVEST IN SENEGAL - FOREIGN INVESTMENT IN SENEGAL WEST AFRICA FAST GROWING ECONOMY
#SENEGAL #INVESTAFRICA #WESTAFRICA
1. Welcome to the Big Man Business YouTube channel, folks.
2. In this video, we'll look at some of the reasons why you should invest in Senegal.
3. Recent oil and gas discoveries might propel Senegal's energy sector into uncharted territory, altering the country's economic structure.
4. Senegal has implemented a series of economic reforms as part of the Emerging Senegal Plan, which was announced in 2014 and aims to hasten the country's transition to an emerging economy by 2035.
5. The administration is pursuing a proactive approach to attracting foreign direct investment.
6. Foreign Direct Investment has increased as a result of investments in energy, both traditional oil and gas and renewable energy.
7. Senegal was placed 123rd in the world for ease of doing business in the World Bank's Doing Business report for 2020.
8. Visible improvements in the process of business development and contract enforcement have been made as part of the program to improve the business climate and implement competitive reforms.
9. Foreign investment is welcomed by the government.
10. In most areas, there is no legal discrimination against enterprises run or controlled by foreign investors, and there are no hurdles to foreign investors fully owning a corporation.
11. Competitive production prices, a trained workforce, a strategic geographical location, solid international and regional political ties, and a competitive economy are among Senegal's advantages.
12. Senegal has been pursuing large-scale investment agreements with international partners.
13. Measures taken by the government to encourage foreign direct investment include: Several investment incentives were put in place by the Senegalese government in 2017.
14. Senegal has passed legislation to establish a special economic zone framework.
15. In Senegal, foreigners are allowed to own 100% of a corporation.
16. Please leave your feedback in the box below, and don't forget to subscribe to the Big Man Business YouTube channel.


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