About LNDC
Mission
We contribute to the generation of wealth and employment
opportunities for the nation by promoting sustainable investments and the
establishment of commercially viable medium to large-scale enterprises. This is
achieved through the provision of excellent investor friendly services offered
at competitive rates.
Purpose
The Lesotho National Development
Corporation (LNDC) is the main parastatal of the
Government of Lesotho charged with the implementation of the country’s industrial development policies.
“The mandate of the Corporation
is to initiate, promote and facilitate the development of manufacturing and
processing industries, mining and commerce in a manner calculated to raise the
level of income and employment in Lesotho.”
The Corporation was established
by an Act of Parliament known as Act No. 20 of 1967. It was amended as Order
No. 13 of 1990 and again as Amendment Act No. 7 of 2000 which became effective
on 25th October, 2000.
The role of the Corporation is
to promote Lesotho as an attractive investment location for both foreign and
indigenous investors.
LNDC is wholly owned by the
Government of Lesotho and falls
under the Ministry of Trade and Industry, Cooperatives and Marketing which is
responsible for providing overall policy direction on industrialisation.
LNDC ANNUAL REPORTS
