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.