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Message from The Honurable MInister of Trade and Industry. Dr. Richard Konteh |
 Welcome to the Ministry of Trade and Industry’s website. This portal provides a window into the world of the MTI as it carries out its activities in the areas of trade, investment, private sector development and industry. It also serves as a means of interaction between the Ministry and our network of partners at home and abroad. I hope you will find useful information on our current programmes, our policy initiatives, and our future direction. The MTI is determined to continue to be a dynamic conduit for the empowerment of Sierra Leone’s The MTI is determined to continue to be a dynamic conduit for the empowerment of Sierra Leone’s private sector as it becomes more responsive to the demands and opportunities presented by the globalising world, and as it takes its place in the shaping of Sierra Leone’s economy. We look forward to constant success in this important task in partnership with our allies.
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Important Reforms in the Business Environment for Sierra Leone |
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The MTI is taking the final steps in the reform process that will significantly reduce the cost of doing business in Sierra Leone. Sierra Leone now has a new Companies Act making Sierra Leone one of the easiest places to do businesses in Africa. Sierra Leone also just passed the Bankruptcy act amongst numerous other major reforms to aid the private sector
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Disclosure of Environmental and Social Impact of Rural Private Sector Development Project |
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At a workshop on 24th January 2007, stakeholders from across the nation were informed about the environmental and social impact of a project to increase rural incomes and develop ago-industry in rural areas of Sierra Leone. The conduct of the environmental and social impact assessment is an important milestone in the preparation of the Rural Private Sector Development (RPSD) project for implementation. |
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President Koroma Runs His Country like a Business |
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 Dr. Ernest Bai Koroma, the fourth President of Sierra Leone, is leading his country forward through his ambitious Agenda for Change programme. Widely revered for his dedication, fight against corruption, and efforts to better the lives of Sierra Leoneans while also stimulating his country’s economic growth, the president is fulfilling the campaign promises he made before assuming office in 2007.
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Agenda for Change Spurring on Economic and Human Development Support for the private sector |
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 To spur on development of the private sector, the government has begun the National Private Sector Development Programme, which includes continuing to privatize key enterprises. “We have passed a New Mining Act, creating a stable investor friendly environment, attracting hundreds of millions of dollars in investment and creating thousands of jobs. “President Koroma points out.
Sierra Leone has attracted private investment from all over the world, particularly Europe, China, and Nigeria, and Lebanese entrepreneurs are making a key contribution to private sector development as well.
The Koroma government has also enacted some of the most robust anti-corruption legislation in Africa. “We have increased allocations to all local government councils, irrespective of which party controls them. The councils are now designing, implementing and completing projects that are transforming local communities all over the country,” the President explains. |
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