2023-07-08 04:49:25
Diamniadio, Jul 7 (APS) – Prime Minister Amadou Ba hailed, on Friday, the success of the first edition of the Invest-in Senegal forum during which “important agreements were reached”.
“I would also like to point out that important agreements were concluded during this Invest in Senegal forum, in particular the joint investment agreement for the development of the special economic zone of Diass, between APIX-SA, ARISE, NRC and AFC for $265 million [Près de 160 milliards FCFA] in favor of the rapid development of 220 hectares on part of the SEZ [zone économique spéciale] of Diass”, he rejoiced at the end of this open forum Thursday in Diamniadio.
The Prime Minister stresses that this agreement will facilitate the establishment of world-class industrial and service companies, creators of “thousands of direct jobs”.
He specifies that it is in addition to that relating to 31 billion CFA francs, already mobilized by the State from the West African Development Bank (BOAD). This budget will enable the establishment of connectivity infrastructure, development over 100 hectares, administrative buildings and related services.
Amadou Ba also announced the contract with the Senegalese companies SERTEM and Diass Industries in charge of carrying out the work which will be launched on the sidelines of the reception of the terminus of the Regional Express Train (TER) station at Blaise Diagne International Airport.
“In total, with the signing of these agreements, 315 million euros are mobilized, 80% of which in the form of direct investments that do not generate public debt”, he noted.
Amadou Ba also magnified the launch of a 5 billion dollar territorial development fund, under the aegis of the United Nations Group on Sustainable Development and the appetite for investment of 2 billion pounds per year by UK Export in order to support the installation of British companies in Senegal.
He also indicated that several letters of intent for private investment have been signed, particularly for oil and gas exploitation, urban sanitation, special economic zones.
Amadou Ba also underlined that following these presentations and on the sidelines of the various scheduled sessions, more than 800 contacts were established, and nearly 30 projects offering “real potential” for the economic and social development of Senegal light, which projects cover 12 sectors, including energy, agriculture, industry, digital, green economy, etc.
He magnified the presence of more than 3,200 participants from more than 60 different countries, promising that “Senegal is and will remain an Open to Business country”.
“The collective ambition that drives us is to exploit the country’s political stability, its good level of human capital, its natural resource endowments and its enviable geographical position between Europe, America and Asia to make Senegal, in the near future, an essential gateway,” he said to investors.
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