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Competitiveness and Integrated Growth Opportunity Project (CIGOP)

Sector: Raw Materials • Location: Benin

Source: World Bank Group

Project
Closed

The objectives of the Competitiveness and Integrated Growth Opportunity Project in Benin are: to support enterprise and entrepreneurship developments through improved business development infrastructure, an improved trade expansion platform, and catalytic interventions for direct investment promotion and the development of new products and new markets. Achieving this objective will help increase B

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The project “Competitiveness and Integrated Growth Opportunity Project (CIGOP)” is an infrastructure initiative in the Raw Materials sector, located in Benin. Taiyo aggregates data on it from World Bank Group.

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Description

Description

The objectives of the Competitiveness and Integrated Growth Opportunity Project in Benin are: to support enterprise and entrepreneurship developments through improved business development infrastructure, an improved trade expansion platform, and catalytic interventions for direct investment promotion and the development of new products and new markets. Achieving this objective will help increase Benin's sustainable and inclusive participation in globalization, increases the country's attractiveness to foreign direct investment and global outsourcing, and contributes to reducing poverty. There are three components to the project. The first component is the improved business development infrastructure (BDI) through reform of structures will equip the country with an integrated business development infrastructure to support result-oriented policy dialogue and the delivery o f customized investment and export promotion products and services to private sector. The second component is the products and markets development is based on (i) the set-up of a Project Development Fund (PDF); and (ii) the completion of a Minimum Integrated Trade Expansion Platform (MITEP), the two instruments being designed to help the country create more appetite for private investment through project developments and the development of new products and new markets. The third component is the project implementation, monitoring and evaluation will be mainstreamed in government delivery systems and structures so as to support public sector sustainable capacity development and donor harmonization.

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Source reliability

High

Data quality score

100%

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