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Thirty companies approved by the National Investment Committee(NIC)

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Thirty companies approved by the National Investment Committee(NIC)
8. 14. 2017  |  Economy

The National Investment Committee held its second annual meeting on August 10, 2017. Out of thirty two applications considered at the meeting, the Committee approved thirty companies only and  turned down two applications.

Twenty eight new applications and four non approved previous ones were considered at the meeting. Among the thirty companies which had been approved by the Committee, only one company was approved  subject to the time it will meet the last condition. Roughly speaking, the companies are planning  to invest an amount of 14, 931 billion  CFA Francs, which will result in the creation of 4,171 direct jobs.

" The thirty companies which have been approved by the National Investment Committee will take advantage of the framework agreement and of some advantages offered by the state to companies for their development",  said the Principal Private Secretary of the Minister of Economy, Development and Promotion of the Private Sector, Jean-Raymond Dirat, who chaired the proceedings. Those thirty companies intend to invest in various sectors : agribusiness, agriculture and husbandry, construction and public works,  sanitation, electricity, logistics, cement processing plant and pharmacy.

Cette deuxième session de la CNI, au titre de l’année 2017, fait suite à la première tenue du 5 au 6 avril dernier. Au cours de celle-ci, quarante dossiers ont été examinés, dont trente-un avaient recueilli l’avis favorable et quatorze autres ont été ajournés.

This was the second meeting  held by the NIC for the year 2017, following the one which took place from 5-7 April, 2017. At that meeting, forty applications were considered. Thirty one had been approved while the consideration of fourteen ones had been scheduled for the next meeting.

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