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Increasing Agricultural Productivity:

Encouraging Foreign Direct Investments in the COMCEC Region

59

Table 22: COMCEC Member State Rankings in 2013 World Bank Doing Business Indicators

Lowest Tier

Country/Rank

Middle Tier

Country/Rank

Upper Tier

Country/Rank

Indonesia

128

Azerbaijan

67

Malaysia

12

Nigeria

131

Kyrgyzstan

70

Saudi Arabia

22

Bangladesh

132

Turkey

71

UAE

26

Palestine

135

Brunei

79

Qatar

40

Sierra Leone

140

Kuwait

82

Bahrain

42

Tajikistan

141

Albania

85

Kazakhstan

49

Sudan

143

Maldives

95

Oman

50

Syria

144

Morocco

97

Tunisia

50

Iran

145

Jordan

106

Mozambique

146

Pakistan

107

Gambia

147

Egypt

109

Mali

151

Guyana

113

Algeria

152

Lebanon

115

Burkina Faso

153

Yemen

118

Uzbekistan

154

Uganda

120

Togo

156

Comoros

158

*Somalia: not ranked

Cameroon

162

* Libya: not ranked

Suriname

165

* Turkmenistan: not ranked

Senegal

166

Mauritania

167

Afghanistan

168

Gabon

170

Djibouti

171

Iraq

171

Benin

175

Niger

176

Côte d’Ivoire

177

Guinea

178

Guinea-

Bissau

179

Chad

184

Source:

World Bank

Doing Business

2013

As Table 22 shows, more than half of the COMCEC Member Countries are in the bottom tier of

the World Bank

Doing Business

rankings. While these are certainly not a perfect indicator, they

are a reasonable proxy for problems with the business environment for attracting FDI in

agriculture, as in any other sector. Bureaucratic procedures and delays, together with policy

uncertainty and administrative inconsistency, make it difficult for investors to undertake their

investments in an effective and efficient way. Though no country is immune to corruption,

uncertainty and inconsistency often provide additional opportunities for officials to exact bribes.

There is a fairly close, if not perfect, correlation between a country’s score in the Doing Business

rankings and its score in the Transparency international Corruption Perception index.