|Approval Date||23 Nov 2017|
|Signature Date||01 Mar 2018|
|Planned Completion Date||31 Mar 2021|
|Last Disbursement Planned Date||31 Mar 2021|
|Sovereign / Non-Sovereign||Sovereign|
|DAC Sector Code||43010|
This project concerns the support to the Investment Promotion Agency (PAAPI). It was designed by the Government of the Union of Comoros with financial support from the African Development Bank Group (ADB) of 1.10 million Units of Account (UA). The project comprises the following components: (i) Opportunities and Promotion of Private Investment, (ii) Investment Facilitation, Investor Services and Investor Monitoring, and (iii) Data and Knowledge Management.
The PAAPI aims to strengthen the institutional capacity of the National Agency for Investment Promotion (ANPI), as well as the individual capacity of key personnel to promote and facilitate investment through training and especially on-the-job training and training skill developpement. The specific objectives of this project are closely aligned with ANPI's mandate to support this agency and the country's Strategy for Accelerated Growth and Sustainable Development (SCA2D, 2015-2019), whose main objective is to achieve more diversified economic growth creating jobs: (i) prioritizing and developing the sectors with the best prospects for attracting FDI (with a focus on reducing import dependence and increasing value-added); (ii) profiling these sectors, preparing appropriate marketing materials and identifying / reaching potential investors; and (iii) improving ANPI's ability to facilitate investment and provide quality services to investors.
The main beneficiary of the project is the Investment Promotion Agency (PAAPI).
Fragile States Facility
Agence Nationale pour la Promotion des Investissements (ANPI)
|Last Update||31 Oct 2019|