EPI has been working to support relevant GoN agencies in improving the investment climate of the country, particularly through providing technical assistance towards improving legislative provisions in three key areas: promotional of industrial enterprises, corporate governance and foreign investment. We also facilitate dialogue with the private sector to address its concerns. This is expected to promote trust among stakeholders from government and the private sector.
The Industrial Enterprises Act 2016 introduced provisions to simplify business entry procedures, including formalization of digital signature, online communication, and more favourable processes for environmental clearance.
The amendment to Companies Act in 2017 addressed constraints related to registration, operations, growth and exit of companies.