1. Professor Prosper Ngowi; pngowi2002@yahoo.com +255 754 653 740
     
BUSINESS ENVIRONMENT AND INVESTMENT CLIMATE FOR COMPETITIVENESS
REPOA RESEARCH WORKSHOP 2018, 5TH APRIL
Professor Prosper Ngowi; 1

2. Introduction & context
Friendly, attractive and conducive business environment and investment climate
For attracting investments and business: Eg. ISI, EOI
For retaining investments and business
They determine, influence and move and shake what happens and what does not happen in the world of business and investment

3. Components of Business Environment and Investment Climate
Policy, legal and regulatory frameworks: To give investors/captains and titans of the industry the confidence needed to commit their capital: Colossal, long-term, borrowed: Predictability
Starting a business
Labour mrk regulations – work permits; too much protection of workers/strong trade unionism
Infrastructure – Hard/traditional/orthodox and soft = Quantity and quality: Roads, ports, airports, railways

4. Components … Utilities: power, water: Quality, cost, reliability
Fiscal matters: Number and rates, refunds, easy of payment, incentives, predictability
Skills and talents in the labour force – including soft skills – trust, team work, creativity, innovation, confidence, communication skills etc
Access to finance – long term/structured finance; n

5. Components… Construction permits; regulations; business premises;
Cross border trade – tariff and NTBs,
Enforcing contracts;
WB Doing Business Reports; TPSF (Business Leaders Perception on Doing Business in Tanzania; OECED Africa Report
NB – Business and investment climate at LGA level, for all private sector – local/foreign; formal/informal and all sizes – MSM and Large enterprises

6. The End Thank