|Approval Date||16 Dec 2021|
|Signature Date||17 Feb 2022|
|Planned Completion Date||30 Jun 2023|
|Sovereign / Non-Sovereign||Sovereign|
|DAC Sector Code||15124|
The Support Project for Investment Promotion and Development of Private-Public Partnerships (PAPIDPPP) is an institutional support and capacity building operation aimed at supporting the Government's efforts to build a diversified and competitive economy, supported by a dynamic private sector. It consists of a grant of UA 1 000 000 to the Republic of Togo under the Transition Support Facility (TSF). The PAPIDPPP has three (3) components: (i) Support for the strengthening of the institutional framework for the development and monitoring of private-public partnerships (PPP); (ii) Support for the mobilisation of financial and human resources for the implementation of the roadmap and (iii) Project management. These components as well as the activities to be undertaken within the framework of the project were discussed with the Ministry of Investment Promotion. Through this operation, the Bank intends to consolidate its previous interventions, particularly in the area of governance, which were aimed at improving the efficiency of the structures involved in the promotion of private investments. The overall cost of the project, excluding taxes and customs duties, is estimated at UA 1,111,000, equivalent to CFAF 859.61 million. The implementation period is eighteen (18) months.
The overall objective of the project is to support the Government's efforts to increase the contribution of the private sector in the mobilisation of resources necessary for the efficient implementation of the Road Map. More specifically, the project aims to support the establishment of an adequate institutional framework for: (i) the development of private-public partnerships (PPP) in the framework of the implementation of structuring projects; (ii) the reinforcement of skills through the implementation of a targeted training programme and the realisation of analytical works (sectoral studies) focused on the promotion of knowledge; (iii) improving the country's attractiveness to investors by improving the business climate and setting up a permanent, inclusive and representative framework for state-private sector dialogue; (iv) raising awareness of the strategic objectives of the roadmap in order to strengthen the commitment of stakeholders (state, civil society, private sector, TFPs) and thus contribute to the mobilisation of private investment.
The direct beneficiaries of the project are the Ministry of Investment Promotion and the structures in charge of promoting the private sector, in particular those involved in the promotion of private-public partnerships (PPP), in particular the Agency for the Promotion of Investments and the Free Zone (API-ZF), and the business climate unit at the Presidency. The institutional capacities of the beneficiary structures will be strengthened, in particular through training and support by making high-level expertise available, and the preparation of studies and analytical work that contribute to the development of knowledge on the Togolese private sector and the promotion and structuring of PPP projects. The project will thus contribute to the improvement of the living conditions of the Togolese population by participating in the establishment of an institutional environment favourable to the acceleration of the implementation of the new roadmap "Togo 2025".
Fragile States Facility
MINISTERE DE L'ECONOMIE ET DES FINANCES GOUVERNEMENT DU TOGO
|Last Update||28 Nov 2022|