From our Special Envoy to Kintélé, Dominique Mabika
In Congo opened this Monday, May 30, the first edition of an International Forum on public-private partnership in Kintélé, a town located 25 kilometers from Brazzaville. This meeting aims mainly to strengthen domestic and foreign private investment in the country, particularly in the various projects identified by the government within the framework of the National Development Plan (PND) 2022-2026.
Organized under the auspices of the Ministry of International Cooperation and Promotion of Public-Private Partnership, this forum mainly targets six sectors listed in the PND. These are agriculture in the broad sense, industrial development, special economic zones, tourism, digital economy and real estate development.
According to Anatole Collinet Makosso, Prime Minister of the Republic of Congo who is speaking at a vision conference, “the private sector is an essential link as a producer of wealth and a financial player to fill the financial gap of the national development plan 2022-2026”. , a program with an overall cost of 8,987 billion FCFA, or more than 14 million dollars, and the State reserves around 22 to 25% of the share for the intervention of the national private sector.
For Denis Christel Sassou Nguesso, Minister of International Cooperation and Promotion of Public-Private Partnership, “this great and ambitious decision was taken for several reasons, mainly because the Public-Private Partnership is an innovative mode of financing which represents an alternative to public debt. It promotes not only the creation of wealth and direct and indirect jobs, but also the acquisition of the expertise necessary for our development and it constitutes an accelerator of economic diversification which, let us not forget, is one of the major objectives of our government,” he said in his opening remarks.
To enrich the reflection on public-private partnerships between the public sector and private sector players, several panels will follow one another until 31 May. Kintélé is the latest edition of the roadshow entitled “Congo, land of opportunities”, which started in Dubai, passing through London and Casablanca.