Since the launch of its activities in March 2010, a number of investors have been facilitated to access the IPA services and incentives, pursuant to the Investment Code. So far, IPA has registered 5000 companies, among which 436 have applied for incentives in line with the investment Code.
About 68 % out of the 436 have obtained the certificate of eligibility to the incentives and 32 % of the companies which had applied did not qualify for the grant of the incentives. Reasons for not qualifying include: Some investors withdrew their application files, others could not implement their investment projects, other files were still under process.
Table 1: Number of companies registered and projected jobs |
||||
|
2013 |
2014 |
||
|
Registered companies |
Projected jobs |
Registered companies |
Projected jobs |
January |
164 |
2302 |
251 |
3217 |
February |
158 |
2023 |
162 |
1677 |
March |
181 |
2201 |
154 |
1260 |
April |
206 |
960 |
182 |
1844 |
May |
155 |
2572 |
169 |
1070 |
June |
180 |
1653 |
191 |
2367 |
July |
185 |
1607 |
199 |
1760 |
August |
140 |
1245 |
187 |
1934 |
September |
162 |
1047 |
182 |
2200 |
October |
177 |
1067 |
182 |
9641 |
November |
153 |
1299 |
169 |
2019 |
December |
169 |
1763 |
156 |
1737 |
Total |
2030 |
19739 |
2184 |
30726 |
Source: IPA’s one-stop shop for company registration database |
Table 2: Number of companies registered and projected jobs |
||||||||||
|
Single member company |
Company of people with Limited liability |
Limited liability Companies |
Cooperatives |
Joint Enterprises |
Branches |
||||
|
2013 |
2014 |
2013 |
2014 |
2013 |
2014 |
2013 |
2014 |
2014 |
2014 |
January |
78 |
122 |
68 |
70 |
11 |
24 |
7 |
35 |
|
|
February |
75 |
71 |
63 |
59 |
16 |
13 |
4 |
19 |
|
|
March |
86 |
74 |
76 |
55 |
13 |
9 |
6 |
16 |
|
|
April |
93 |
93 |
91 |
58 |
15 |
12 |
7 |
19 |
|
|
May |
67 |
75 |
61 |
66 |
13 |
12 |
14 |
16 |
|
|
June |
76 |
84 |
68 |
77 |
27 |
11 |
9 |
19 |
|
|
July |
85 |
102 |
71 |
66 |
23 |
15 |
6 |
16 |
|
|
August |
70 |
86 |
47 |
64 |
14 |
19 |
9 |
18 |
|
|
September |
76 |
96 |
60 |
56 |
22 |
15 |
4 |
14 |
1 |
|
October |
79 |
86 |
71 |
65 |
8 |
13 |
19 |
17 |
1 |
|
November |
80 |
77 |
56 |
51 |
11 |
12 |
6 |
29 |
|
|
December |
74 |
71 |
59 |
54 |
13 |
12 |
23 |
16 |
0 |
3 |
Total |
939 |
1037 |
791 |
741 |
186 |
167 |
114 |
234 |
2 |
3 |
Source: IPA’s one-stop shop for company registration database |
Table 3: Projected jobs in new companies classified by their legal nature |
||||||||||
Single member company |
Company of people with Limited liability |
Limited liability Companies |
Cooperatives |
Joint Enterprises |
Branches |
|||||
|
2013 |
2014 |
2013 |
2014 |
2013 |
2014 |
2013 |
2014 |
2014 |
2014 |
January |
1050 |
594 |
646 |
631 |
54 |
238 |
552 |
1754 |
|
|
February |
314 |
646 |
515 |
226 |
914 |
436 |
280 |
369 |
|
|
March |
696 |
268 |
1263 |
459 |
38 |
239 |
204 |
294 |
|
|
April |
347 |
374 |
483 |
815 |
78 |
291 |
52 |
364 |
|
|
May |
263 |
273 |
1579 |
464 |
85 |
147 |
645 |
186 |
|
|
June |
708 |
452 |
622 |
468 |
181 |
1229 |
142 |
218 |
|
|
July |
371 |
817 |
691 |
500 |
530 |
216 |
15 |
227 |
|
|
August |
537 |
549 |
550 |
578 |
116 |
177 |
42 |
630 |
|
|
September |
347 |
864 |
406 |
1029 |
221 |
175 |
73 |
125 |
7 |
|
October |
629 |
8002 |
323 |
418 |
23 |
212 |
92 |
509 |
500 |
|
November |
434 |
730 |
541 |
605 |
209 |
284 |
115 |
400 |
|
|
December |
303 |
475 |
490 |
772 |
136 |
311 |
834 |
170 |
0 |
9 |
Total |
5999 |
14044 |
8109 |
6965 |
2585 |
3955 |
3046 |
5246 |
507 |
9 |
Source: Database of the Single Window for the Creation of Societies in the API |
Table 4: Private investment trend |
|||
Year |
Projects granted incentives |
Nominal value of the estimated investment in BIF |
Projected jobs |
2010 |
81 |
211 476 044 450 |
4053 |
2011 |
73 |
250 697 974 733 |
3720 |
2012 |
51 |
196 169 682 980 |
2164 |
2013 |
61 |
262 430 292 699 |
3634 |
2014 |
29 |
263 997 793 290 |
1763 |
TOTAL |
295 |
1 184 771 788 152 |
15334 |
Source: API Database |
|
Number of projects |
Projected investments in BIF |
||||
Period |
BURUNDI |
EAC without Burundi |
Outside EAC |
BURUNDI |
EAC without Burundi |
Outside EAC |
2010 |
58 |
6 |
17 |
112 267 434 565 |
45 457 168 233 |
53 751 441 652 |
2011 |
55 |
4 |
13 |
73 198 572 692 |
24 057 943 090 |
153 441 458 951 |
2012 |
29 |
7 |
15 |
75 749 097 254 |
6 019 710 088 |
109 400 875 638 |
2013 |
42 |
9 |
10 |
166 663 567 239 |
38 381 868 094 |
57 184 857 366 |
2014 |
19 |
2 |
8 |
23 103 461 585 |
3 341 369 600 |
237 552 962 105 |
Total |
203 |
28 |
63 |
450 982 133 335 |
117 258 059 105 |
611 331 595 712 |
Source: API Database |
Table 6: Sectorial distribution of the projects to which incentives have been granted |
||||||||||
|
Number of projects |
Projected investments in BIF |
||||||||
Sectors |
2010 |
2011 |
2012 |
2013 |
2014 |
2010 |
2011 |
2012 |
2013 |
2014 |
Agro-Business |
6 |
9 |
2 |
2 |
9 |
39 446 919 362 |
23 698 670 374 |
25 837 624 779 |
4 936 501 500 |
14 025 562 769 |
General trade |
1 |
1 |
1 |
5 |
3 |
3 006 698 190 |
3 874 380 000 |
1 088 495 000 |
23 844 224 830 |
6 958 468 000 |
Construction building |
5 |
5 |
1 |
3 |
3 |
8 137 395 047 |
4 755 447 761 |
1 332 739 973 |
40 950 747 893 |
16 441 486 793 |
Finances |
1 |
0 |
0 |
4 |
0 |
2 125 470 055 |
0 |
0 |
39 633 234 742 |
0 |
Industry |
19 |
11 |
19 |
22 |
5 |
52 557 911 807 |
101 738 967 828 |
22 405 554 189 |
99 486 274 211 |
4 767 024 986 |
Mines |
1 |
2 |
0 |
2 |
1 |
997 319 781 |
2 917 826 175 |
0 |
16 527 812 500 |
1 435 880 000 |
NICT |
4 |
4 |
3 |
0 |
1 |
39 626 392 865 |
13 158 607 874 |
89 301 623 207 |
0 |
209 250 000 000 |
Providers |
8 |
0 |
0 |
1 |
0 |
5 839 536 828 |
0 |
0 |
706 747 000 |
0 |
Miscellaneous services |
3 |
6 |
4 |
11 |
0 |
2 657 300 000 |
20 393 724 742 |
10 143 624 385 |
14 296 347 015 |
0 |
Tourism |
33 |
32 |
18 |
9 |
3 |
53 818 347 171 |
73 286 815 456 |
29 863 145 581 |
14 622 934 212 |
2 178 726 070 |
Education |
0 |
1 |
0 |
0 |
1 |
0 |
794 208 900 |
0 |
0 |
1 367 767 400 |
Health |
0 |
1 |
2 |
2 |
0 |
0 |
5 552 799 623 |
4 613 095 866 |
7 425 468 796 |
0 |
Truck transport |
0 |
1 |
0 |
0 |
3 |
0 |
526 526 000 |
0 |
0 |
7 572 778 000 |
Air transport |
0 |
0 |
1 |
0 |
0 |
0 |
0 |
6 583 780 000 |
0 |
0 |
Source: API Database |