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The Development Strategies and International Trade Ministry submitted a Cabinet paper, which was approved, to establish a Single Window Investment Facilitation Taskforce to assist investors to fast-track their investments.
This is the latest in a slew of efforts by the Government to reduce red tape and fast-track investment. The taskforce is expected to assist investors to get as many as 14 approvals from different government organisations, departments and institutions to enable investors to begin work as soon as possible. It is aimed at increasing exports and attracting investment.