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
industrialization.
Opportunities exist in
the production of a wide
range of finished goods
from manufactured parts
or subassemblies...[Read
More]
Project
Profiles
While Lesotho is
very strong in
the clothing,
textile and
footwear sector,
there are also
investment
opportunities in
the following
emerging
sectors...
“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.”
