|Approval Date||12 Jul 2018|
|Signature Date||14 Sep 2018|
|Planned Completion Date||31 Dec 2022|
|Sovereign / Non-Sovereign||Sovereign|
|DAC Sector Code||15124|
The Project to Support the Competitiveness of the Malian Economy (PACEM) is intended to help stimulate strong, inclusive, sustainable and job creating growth through the establishment of conditions for improving the competitiveness of the Malian economy and private sector development. More specifically, it aims to support the facilitation of private investment, the establishment of a publicprivate partnership framework and to strengthen the cattle/meat subsector’s processing and export capacity. PACEM is fully aligned on the priorities of the 2016–2018 Strategic Framework for Economic Recovery and Sustainable Development (CREDD) adopted in April 2016. It will strengthen the institutions, procedures and skills of public and private actors. The Project will be implemented over a period of four (4) years and focuses on two (2) operational components: (i) Support for private investment facilitation; (ii) SME-SMI support for access to export opportunities. The estimated cost, net of taxes and customs duties, is UA 11 million.
The overall project goal is to contribute to stimulating strong, inclusive, sustainable and job-creating economic growth through the establishment of conditions for improving the competitiveness of the Malian economy and private sector development. The project’s specific objectives are to: (i) improve the business climate; (ii) strengthen the Public-Private Partnership (PPP) framework; (iii) improve the investment framework in relation to access to land; (iv) strengthen support structures for exporting SME-SMIs; and (v) strengthen the export capacity of cattle/meat subsector SME-SMIs.
The main beneficiaries of PACEM are: (i) livestock sector and cattle/meat subsector enterprises (small and medium-sized) which will benefit from a more favourable institutional framework for investment and financial support to improve their competitiveness; (ii) the Malian State as a whole, through institutional capacity building for structures in charge of private investment promotion and the public-private partnership framework; (iii) non-State actors, civil society and the private sector will also be the indirect beneficiaries of PACEM; and (iv) all Malian people, who will be the indirect final beneficiaries of the positive effects of increasing the level of private investment in terms of job creation and improved living conditions.
African Development Fund
MINISTERE DE L'ECONOMIE ET DES FINANCES
|Last Update||11 Jul 2020|
|Name||LAKOUE DERANT Regis|