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Mali - Project to Support the Competitiveness of the Malian Economy (PACEM)

Sector: Raw Materials • Location: Mali

Source: African Development Bank (AfDB)

Project

The Project to Support the Competitiveness of the Malian Economy (PACEM) is intended to help stimulate strong, inclusive, sustainable and job creating growth through the establishment of conditions for improving the competitiveness of the Malian economy and private sector development. More specifically, it aims to support the facilitation of private investment, the establishment of a publicprivate

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The project “Mali - Project to Support the Competitiveness of the Malian Economy (PACEM)” is an infrastructure initiative in the Raw Materials sector, located in Mali. Taiyo aggregates data on it from African Development Bank (AfDB).

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Description

Description

The Project to Support the Competitiveness of the Malian Economy (PACEM) is intended to help stimulate strong, inclusive, sustainable and job creating growth through the establishment of conditions for improving the competitiveness of the Malian economy and private sector development. More specifically, it aims to support the facilitation of private investment, the establishment of a publicprivate partnership framework and to strengthen the cattle/meat subsector’s processing and export capacity. PACEM is fully aligned on the priorities of the 2016–2018 Strategic Framework for Economic Recovery and Sustainable Development (CREDD) adopted in April 2016. It will strengthen the institutions, procedures and skills of public and private actors. The Project will be implemented over a period of four (4) years and focuses on two (2) operational components: (i) Support for private investment facilitation; (ii) SME-SMI support for access to export opportunities. The estimated cost, net of taxes and customs duties, is UA 11 million.

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High

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