Southern Sudan Investment Climate Reform Program Phse 2

completed

The three-year program supports Government of Southern Sudan in raising employment and incomes through increased private investments in target sectors, greater formalization of the economy, and enhanced enterprise competitiveness. The program helps strengthen at least eight key institutions, including appropriate legal frameworks, by enacting eight laws to reduce by 20 percent the time and cost to deliver services to investors and to effect a 20 percent direct compliance cost savings. Objectives include: 1) at least 15 new high-quality investments in non-oil sectors, focusing on agribusiness, valued at $90 million, and generating at least 300 direct jobs (and 300,000 indirect jobs), at least half of them based outside of Juba; 2) increase in new business registrations to 13,000 from the current 8,000 registered businesses; 3) decentralization of the registry to at least three additional states, including establishment of a One-Stop Shop; and 4) use of alternative dispute resolution in at least 200 businesses disputes.