Congo - Institutional Support Project to Improve the Business Climate and Diversify the Congolese Economy (PACADEC)


Project Summary

Approval Date 14 Oct 2010
Signature Date 03 Feb 2011
Planned Completion Date 30 Dec 2017
Last Disbursement Planned Date 31 Dec 2017
Sovereign / Non-Sovereign Sovereign
Sector Multi-Sector
DAC Sector Code 15124
Commitment U.A 3,440,000
Status Completion

Project General Description

The Institutional Support Project to Improve the Business Climate and Diversify the Congolese Economy (PACADEC) is an institutional support project aimed at building capacity for improving the business climate. The project falls within the ambit of Government's Economic Diversification Support Programme. It's designed because the under-developed non-oil private sector and its corollary, the insufficient exploitation of the growth potential of the non-oil sector (inadequate economic diversification), constitute a major obstacle to achieving the objectives of Congo's national growth and poverty reduction strategy. By promoting the creation and development of businesses, the project will help to create wealth and employment, and contribute to poverty reduction. The overall project cost, excluding taxes and customs duty, is estimated at UA 6.88 million. The project should be implemented over a five-year period from 2011 to 2015 and comprise three components, manely: (i) Support for the identification and implementation of key reforms to improve the business climate through better public-private sector dialogue; (ii) Support for facilitating the creation and development of private enterprises; and (iii) project management.

Project Objectives

The project goal is to contribute to the diversification of the Congolese economy. The project's objective is to improve the business climate.

Beneficiaries

The project beneficiaries are: the Business Administrative Formalities Centre (CFE) and its five regional offices in Brazzaville, Pointe Noire, Dolisie and Nkayi Ouesso, the seven partner departments (Court Registry, General Directorate of Taxation, General Directorate of Trade, Chamber of Commerce, Department of Labour, National Statistics and Economic Studies Centre, National Social Security Centre), Ministry of Small- and Medium-size Enterprises and Handicraft, Ministry of Industrial Development and Private Sector Promotion, High Council for Public-Private Dialogue, Ministry of Lands and SME Development Agency (ADPME). Other beneficiaries include private sector professional associations, people who want to create and take over businesses, Very Small Enterprise (VSEs), Small- and Medium-size Enterprise (SMEs), government employees and the entire Congolese people.

Participating Organization

Funding
African Development Fund
Extending
Government Of Congo
Implementing
MIN ECONOMIE, DES FINANCES ,BDGT

Information

IATI identifier 46002-P-CG-KF0-001
Last Update 21 Oct 2020

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Contact Details

Name TOKO Pierre
Email p.toko@afdb.org

Geographic Location

Country Congo
Coordinates Location Name
-4.79472 11.8461 Pointe-Noire
1.61361 16.0517 Ouesso
-4.19972 12.6739 Dolisie
-4.16556 13.2928 Kayes
-4.2669 15.2833 Brazzaville