LNDC
Lesotho National Development Corporation (LNDC)
The Lesotho National Development Corporation, established under the LNDC Act of 1967, is the Government's agency for investment promotion and industrial development, with a vision to facilitate Lesotho's economic growth through private sector development. It promotes agriculture and agro-processing, manufacturing, renewable energy, technology and innovation, mining and tourism. Investors can obtain investment facilitation and aftercare, appraisal of projects through a Project Preparation Facility, factory shells and serviced industrial and commercial property in Maseru and other districts, and commercial and development finance. LNDC is implementing its Letsema Strategy 2026 to 2031, which aims to facilitate 50,000 new jobs and establish five new industrial sectors. Business registration, licences and work and residence permits are handled through the Government's One-Stop Business Facilitation Centre.
What investors can get
- Investment facilitation and aftercare
- Project packaging and appraisal (Project Preparation Facility)
- Factory shells, industrial estates and commercial property
- Commercial and development finance
- Support with permits, site selection and access to finance
Sources: LNDC, Who we are (opens in a new tab)LNDC, Investment Support (opens in a new tab)LNDC, Property (opens in a new tab)LNDC, Financing (opens in a new tab)LNDC, Doing business in Lesotho (opens in a new tab)LNDC, LNDC launches transformative Letsema Strategy (opens in a new tab)FAOLEX, LNDC Strategic Plan (opens in a new tab)