CG Rep. Support to Economic Diversification Project

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The objective of the Support to Economic Diversification Project is to promote private sector growth and investment in the non-oil sectors in the Republic of Congo. There are four components to the project, the first component being support to public private dialogue and investment climate reforms investments. This component will provide technical assistance to improve public private dialogue, improve the investment climate and strengthen the institutional framework to support enterprises and investments. The second component is the support to enterprise development and investment promotion. This component is aimed at supporting access to non financial and financial services. The third component is the Support to the reform of the railway company. This component will assist the Government in implementing a strategy to improve the operations and services of the railway company, Chemin de Fer Congo Ocean (CFCO), in a more sustainable manner through the establishment of a public private partnership whose scope will minimally entail a performance based management contract. Finally, the fourth component is the project coordination and implementation.