Lesotho: Investment Climate Statement 2015

The GOL maintains a strong commitment to private investment and is generally open to FDI, with the exception of limited restrictions on foreign ownership of small businesses. The GOL welcomes foreign investments that: - Create jobs and open new markets and industries in accordance with the national objective of diversifying Lesotho's industrial base;- Improve skills and productivity of the workforce and nurture local business suppliers and partners;- Support knowledge and technology transfer and diffusion;- Improve the quality and accessibility of infrastructure.Foreign investors enjoy the same rights and protections as Basotho investors. The government is aware of the challenges it faces as a small, landlocked, and least developed country in facilitating investment and is committed to improving the climate for investment.