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Congo Government promises to support three industrial giants

The Minister of Industrial Development and Private Sector Promotion, Antoine Nicéphore Fylla Saint-Eudes, signed, on June 21 in Brazzaville, protocols of intent with three industrial companies established in Congo, with a view to supporting them in developing and diversify their activities.

The three companies are Dangoté Cement, LGRP, specializing in the processing of plastic objects, then Ager Aliment, which produces livestock feed. The signing of the protocol of intent between the two parties is the highlight of the second edition of the investors’ breakfast, chaired by the Prime Minister, head of government, Anatole Collinet Makosso, on June 21 in Brazzaville, on the theme  “Together “Let us facilitate the growth and diversification of investments in the industrial sector.”

Speaker, the Minister of Industrial Development, recalled that the Agency for the Promotion of Investments (API) was instructed to go into the field to gather the perception of certain companies on the possibility of diversifying or facilitating the promotion of the development of new activities around their fields of action with the development of productivity in mind.

“At the edge of the opening of borders within the framework of the Zlécaf, there is reason to work more to consolidate the performance of industrial companies which operate on the national territory, so as to prepare them to best integrate the chains of regional value, while optimizing the satisfaction of national needs through competitive quality products,” he declared.

Chairing this meeting with private sector stakeholders, Anatole Collinet Makosso clarified: “We had identified together, during the first edition, a certain number of bottlenecks on which the government had undertaken to work with new impetus. To date, we can note that the lines have moved in the direction of resolving certain problems.”

“In the National Development Plan (PND) 2022-2026, the expected contribution from economic operators is important, particularly in terms of creating decent employment. To this end, tax measures to support the private sector for the hiring of young people are planned,” he assured.

One of the battles initiated very early by the government aimed to improve the business climate and the investment environment, in connection with the PND 2022-2026, the implementation of which remains largely dependent on the performance of the sector. private sector and both national and foreign investors.

Referring to the particularity of the second edition of the entrepreneurs’ breakfast, the general director of the API, Patricia Annick Mongo, indicated: “The particularity of this edition is the signing of the protocols of intent between the government and the three companies. They are committed to creating 486 direct jobs, not including indirect jobs. It’s concrete. From now on, within the framework of these meetings, there will be a frank and direct dialogue between investors and the government.

Remember that the first edition of the “Investors Breakfast” was held in February 2023. Initiated to become the reference meeting between the government and investors, this edition brought together just over a hundred business leaders. business, national and international.