Key Competitive Attractions
Business sectors in Lesotho include textiles, plastics, leather and footwear, food and electronic appliances.
Approximately 90 million knitted garments and 26 million pairs of jeans are produced annually in Lesotho, mainly destined for the US market. Garments from knitted fabric are produced by 33 factories, which collectively employ about 22,000 workers.
In addition, Lesotho has four companies in electrical accessories and electrical assembly. Sandstone deposits are found all over the country. Despite this, large scale quarrying is yet to be developed.
The Basotho Fruit and Vegetable Cannery specialises in asparagus, peaches and apricots, and juices and vegetable salad during the off-season. Opportunities also exist in the processing of organic foods and in water bottling.
Lesotho is the only country in the world with no territory below 1,400 metres above sea level. Health spas and wellness resorts are areas with great potential for tourism.
Assistance and Support For New Business Investors
The National Development Corporation offers a number of services to foreign investors including investment facilitation services, appraisal of investment projects and potential financial assistance.
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