Thursday, 12 April 2012

gulfnews : Lack of harmony impacts investment flow

Effective investment policies represent one of the most important pillars of development for any country. These policies and their implementation reflect significantly on the growth rates and lead to an improvement in living standards and the creation of jobs.
While the approach to investment in the Gulf has varied from one country to another, the increased coordination between the Gulf Cooperation Council (GCC) countries since the launch of the common market in 2008 have brought these policies closer.
At present, despite differences in implementation, speed of reform and infrastructure, these policies are similar throughout the GCC. But some elements need to be reconsidered to make the most of the private sector and bring in more foreign direct investment (FDI).

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