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Burkina Faso Seeking Singapore Investments

Burkina Faso Seeking Singapore Investments

From Today

The government of Burkina Faso is committed to ensuring an open and stable business environment for foreign companies, said President Blaise Compaore, as the West African country now looks to Singapore for both investment and experience to drive its development.

Speaking at the inaugural Burkina Faso-Singapore Business Forum yesterday, Mr Compaore, who is on a four-day visit, gave assurances that foreigners had nothing to worry about when investing in the country.

 “Burkina Faso has created a number of legal frameworks in order to promote and protect foreign investments coming to our country. The labour code is also attractive and will protect people working there,” he told reporters.

“It is also easy for investors to repatriate the income that they gain in Burkina Faso. We also have a very good currency, which is connected to the euro, so convertibility is not an issue … All these aspects mean Burkina Faso is a very attractive option for investments.”

 

Written by WONG WEI HAN/Read more at Today