Multinational - SADC Trade and Transit Facilitation Project

The proposed operation is aligned with the SADC Vision 2050, which seeks to consolidate the Community by leveraging areas of excellence and implementing priorities, to achieve sustainable and inclusive socio-economic development underpinned by good governance and durable peace and security in the region. The project is also aligned to the SADC Regional Indicative Strategic Development Plan 2020-2030, which outlines the proposed development trajectory for the region up to 2030. From the Bank’s point of view, the proposed project is aligned to the Ten-Year Strategy 2013-2022 in particular by contributing to three of its five operational priorities namely; Infrastructure Development; Regional Integration and Private Sector Development as well as priority 1: infrastructure connectivity and priority 2: market integration and industrialization of the Southern Africa Regional integration paper (2020-2026).