Economic
Economic growth rate, except the Niger GDP decreased 0.8% in 2004; the GDP for 2003, 2005, and 2006 increase 3.3%, 7.2% and 4.8 respectively. The real GDP per head increased from 157.6$ in 2003 to 177.4$ in 2006 in. According to the data from CIA, the GDP of purchasing power parity is 93.4, 103.7, 102.8, 110.5 billion dollars respectively from 2007 to 2010. The real growth rate of GDP, is 3.2%, 9.3%,-1.2%, 7.5%; and the GDP per head keep 700$ four years.
Economic growth rate, except the Niger GDP decreased 0.8% in 2004; the GDP for 2003, 2005, and 2006 increase 3.3%, 7.2% and 4.8 respectively. The real GDP per head increased from 157.6$ in 2003 to 177.4$ in 2006 in. According to the data from CIA, the GDP of purchasing power parity is 93.4, 103.7, 102.8, 110.5 billion dollars respectively from 2007 to 2010. The real growth rate of GDP, is 3.2%, 9.3%,-1.2%, 7.5%; and the GDP per head keep 700$ four years.
Legal
• To encourage foreign
companies to invest in Niger, cannot invest for timber production and the Niger government at least have 20 percent share of the company.
• Preferential policy
Niger government has established preferential policy to encourage foreign investment in Niger, such as free from business tax, added value tax and income tax up to 10 years.
• Industry encourage policy
Government encourage foreign investment invest Mining, Agriculture, Industry and infrastructure construction. In addition, according to the amount of investment give free tax to the foreign investment. Government can offer a discount or free 100% VAT and without fiscal subsidies in some special investment, such as electricity generation, low-cost housing project.
Government
• Government actively seeks foreign private investment and considers it is the key to restore economic growth and development. With the assistance of the United Nations Development Programme (UNDP), it has undertaken a concerted effort to revitalize the private sector.
• The government of Niger had established solar energy department at 1965. They devoted many resource in solar research and development to improve the electricity shortage. All in all, they improve the local people’s living environment.
Illumination time
• Niger located in middle west of Africa and its landlocked state in southern margin of Sahara Desert. It is one of the hottest countries in the world and it has sufficient sunlight. The average sunshine is between 7 and 10 hours per day throughout the year.
• To encourage foreign
companies to invest in Niger, cannot invest for timber production and the Niger government at least have 20 percent share of the company.
• Preferential policy
Niger government has established preferential policy to encourage foreign investment in Niger, such as free from business tax, added value tax and income tax up to 10 years.
• Industry encourage policy
Government encourage foreign investment invest Mining, Agriculture, Industry and infrastructure construction. In addition, according to the amount of investment give free tax to the foreign investment. Government can offer a discount or free 100% VAT and without fiscal subsidies in some special investment, such as electricity generation, low-cost housing project.
Government
• Government actively seeks foreign private investment and considers it is the key to restore economic growth and development. With the assistance of the United Nations Development Programme (UNDP), it has undertaken a concerted effort to revitalize the private sector.
• The government of Niger had established solar energy department at 1965. They devoted many resource in solar research and development to improve the electricity shortage. All in all, they improve the local people’s living environment.
Illumination time
• Niger located in middle west of Africa and its landlocked state in southern margin of Sahara Desert. It is one of the hottest countries in the world and it has sufficient sunlight. The average sunshine is between 7 and 10 hours per day throughout the year.