Key Competitive Attractions
Sierra Leone has a population of just over 6 million. The country is endowed with significant mineral deposits: diamonds, rutile and bauxite. It is also a key exporter of coffee, cocoa, kola nut, palm oil, gold and iron.
Primary sectors in terms of foreign directive investment include mining, telecommunications, agri-business and tourism. There are also investment opportunities in soaps, biofuels, furniture and canned fish. Investors can expect favourable tax rates in key sectors.
Major foreign companies with current operations in Sierra Leone include Access Bank (Financial Services), African Minerals (Mining), Africell (Telecommunications), BMI Airline (Transportation), Comium (Telecommunications), DHL (Logistics) EcoBank Ltd. (Financial Services), Heineken (Beverages), Koidu Holdings (Mining), Maersk Line (Freight Services), Leocem (Cement), London Mining (Mining), Regimanuel-Grey (Construction), Sierra Rutile Ltd (Mining), SN Brussels Airlines (Transportation), Standard Chartered Bank (Financial Services), Tigo (Telecommunications), United Bank for Africa Group (Financial Services), Zain (Telecommunication) and Zenith Bank (Financial Services).
Sierra Leone has preferential trade agreements with the United States and the EU.
Assistance and Support For New Business Investors
The Sierra Leone Investment and Export Promotion Agency is responsible for assisting and informing investors and exporters about investment and export opportunities. Advice is offered on a free and confidential basis. Services include facilitation of the registration process, introduction to potential partners, sector information and guidance on incentives.
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