REPUBLIC OF CÔTE DIVOIRE October 30 th, 2013 CEPICI – London
Speaker: Mr ESSIS Esmel Emmanuel General Director of CEPICI
Contents Investment opportunities Business Climate Investment Policy Introduction Conclusion
Introduction / Vision Emerging Country by 2020 Double digit and sustainable economic growth National Development Plan : 2012 – 2015, Cost : $22 Billions Private sector investment (60%): Cost: $ 13 billions Public sector investment (40%): Cost: $ 9 billions Attractiveness of the Country Business Environment improvement Incentives for investment Private sector as a pillar of this growth
First world Cocoa producer ( t) harvest th World Coffee Producer ( t) harvest nd World cashew Producer ( t harvest 2012) palm oil producer ( t in 2012) First African Tuna Port First African rubber Producer ( t) in 2012 Investment opportunities
Investment opportunities and business climate in Côte dIvoire A RICH AND VARIED MINING POTENTIAL GOLDOIL - GAS IRON ORE DIAMOND COPPER URANIUM
CREATION OF THE COMMERCIAL COURT FIGHTING CORRUPTION AND THE RACKET REFORMS ON DOING BUSINESS INDICATORS Business Climate improvement Business climate
Doing business 2014 Business climate
Investment Policy Starting Business Service 24 Heures CREATION OF ONE STOP SHOP OF CEPICI (4 operational services) Investment Code Service Industrial Lands Service Public Formalities service
New Investment Code Investment Policy
SYNOPTIQUE DES AVANTAGES OFFERTS PAR LE NOUVEAU CODE DES INVESTISSEMENTS AUTHORIZATION SCHEME FOR INVESTMENT ZONE A (District of Abidjan) ZONE B (Most inhabitants) ZONE C (under inhabitants) BENEFICE GUARANTED INVESTMENT STEP ( Start-up or development business) Reduction from 40% to 50% in the amont of costoms duty payable on équipement and materials and on the first batch of spare parts Total exemption from VAT Duration Two (2) years with one year extension if 66% of the Investment amont has started BENEFICE GUARANTIES IN INVESTMENT OPERATIONAL STEP (Start-up) Duration 5 years8 years15 years Exemption from TAX on Industrial and commercial profit (1 st year) - before last year - last year 100% 50% 25% 100% 50% 25% 100% 50% 25% Exemption from business licence and permits TAX (1 st year) - before last year - last year 100% 50% 25% 100% 50% 25% 100% 50% 25% Reduction in the amont of the contribution paid by employer 50%75%90% Exemption from TAX on property income for housing made available to staff 0% 100% Exemption from TAX on the hereditament 100% >2 Millions USD 100%
Invest in Côte dIvoire Site web du Forum:
Côte d'Ivoire remains a country with a high potential and investment opportunities, an important social and economic infrastructure, a business climate in constant improvement We invite you to seek CEPICI for your investment projects in Côte d'Ivoire. We look forward to seeing you at INTERNATIONAL INVESTMENT FORUM "ICI2014 Site Web : Conclusion
Thank You!