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Investment opportunities and business climate in Côte d’Ivoire REPUBLIC OF CÔTE D’IVOIRE October 30 th , 2013 CEPICI – London

REPUBLIC OF CÔTE DIVOIRE October 30 th, 2013 CEPICI – London

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Page 1: REPUBLIC OF CÔTE DIVOIRE October 30 th, 2013 CEPICI – London

Investment opportunities and business climate

in Côte d’Ivoire

REPUBLIC OF CÔTE D’IVOIRE

October 30th, 2013CEPICI – London

Page 2: REPUBLIC OF CÔTE DIVOIRE October 30 th, 2013 CEPICI – London

Investment Opportunities and Business Climate in

Côte d’Ivoire

Speaker: Mr ESSIS Esmel Emmanuel

General Director of CEPICI

Page 3: REPUBLIC OF CÔTE DIVOIRE October 30 th, 2013 CEPICI – London

Contents

Investment opportunities

Business Climate

Investment Policy

1

2

3

Introduction

Conclusion

Page 4: REPUBLIC OF CÔTE DIVOIRE October 30 th, 2013 CEPICI – London

Introduction / Vision

• Emerging Country by 2020• Double digit and

sustainable economic growth• National Development Plan :

2012 – 2015, Cost : $22 Billions

• Private sector investment (60%): Cost: $ 13 billions

• Public sector investment (40%):

Cost: $ 9 billions

• Attractiveness of the Country• Business Environment

improvement• Incentives for investment

• Private sector as a pillar of this growth

Page 5: REPUBLIC OF CÔTE DIVOIRE October 30 th, 2013 CEPICI – London

INVESTMENT OPPORTUNITIES

Page 6: REPUBLIC OF CÔTE DIVOIRE October 30 th, 2013 CEPICI – London

First world Cocoa producer

(1 429 244 t) harvest

2011-2012

6thWorld Coffee

Producer

(92 256 t) harvest

2011-2012

2nd World cashew Producer

(430 000 t harvest 2012)

palm oil producer

(390 000 t in 2012)

First African Tuna Port

First African rubber Producer

(255 000 t) in 2012

Investment opportunities

AGRICULTURE SECTOR

Page 7: REPUBLIC OF CÔTE DIVOIRE October 30 th, 2013 CEPICI – London

Inve

stm

ent

op

po

rtu

nit

ies

an

d b

usi

nes

s c

lim

ate

in C

ôte

d

’Ivo

ire

A RICH AND VARIED

MINING POTENTIAL

GOLD

OIL - GAS

IRON ORE

DIAMOND

COPPER

URANIUM

Page 8: REPUBLIC OF CÔTE DIVOIRE October 30 th, 2013 CEPICI – London

BUSINESS CLIMATE

Page 9: REPUBLIC OF CÔTE DIVOIRE October 30 th, 2013 CEPICI – London

CREATION OF THE

COMMERCIAL

COURT

FIGHTING

CORRUPTION AND

THE RACKET

REFORMS ON

DOING BUSINESS

INDICATORS

Business Climate improvement

Business climate

Page 10: REPUBLIC OF CÔTE DIVOIRE October 30 th, 2013 CEPICI – London

STRONG ENGAGEMENT TO IMPROVE BUSINESS

CLIAMTE IN CÔTE D’IVOIRE

1- Best reformer

2- 10 Points improvement

Doing business 2014

Business climate

Page 11: REPUBLIC OF CÔTE DIVOIRE October 30 th, 2013 CEPICI – London

INVESTMENT POLICY

Page 12: REPUBLIC OF CÔTE DIVOIRE October 30 th, 2013 CEPICI – London

Investment Policy

Starting Business Service

24 Heures

CREATION OF ONE STOP SHOP OF CEPICI (4 operational services)

Investment Code

Service

Industrial Lands

ServicePublic

Formalities service

Page 13: REPUBLIC OF CÔTE DIVOIRE October 30 th, 2013 CEPICI – London

The benefits of the investment code apply to all, domestic and foreign investors.

Concerned sectors:

The new investment Code is applicable to all business sectors, to

the exception of non-industrial building, trade, banking and financial

services

Reduction of investment threshold:

Licensing regime : Lower threshold : 400 000 $US / 1 Million $ US

Upper threshold : 2 Millions $US / 4 Millions $ US

SME : Lower threshold : 140 000 $ US Upper threshold : 400 000 $ US

New Investment Code

Investment Policy

Page 14: REPUBLIC OF CÔTE DIVOIRE October 30 th, 2013 CEPICI – London

SYNOPTIQUE DES AVANTAGES OFFERTS PAR LE NOUVEAU CODE DES INVESTISSEMENTS

AUTHORIZATION SCHEME FOR INVESTMENT

ZONE A (District of Abidjan)

ZONE B (Most 60.000 inhabitants)

ZONE C (under 60.000 inhabitants)

BENEFICE GUARANTED INVESTMENT STEP ( Start-up or development business)

Reduction from 40% to 50% in the amont of costoms duty payable on équipement and materials and on the first batch of spare parts Total exemption from VAT

Duration Two (2) years with one year extension if 66% of the Investment amont has started

BENEFICE GUARANTIES IN INVESTMENT OPERATIONAL STEP (Start-up)

Duration 5 years 8 years 15 years

Exemption from TAX on Industrial and commercial profit (1st year)- before last year- last year

100%50%25%

100%50%25%

100%50%25%

Exemption from business licence and permits TAX (1st year)- before last year- last year

100%

50%25%

100%

50%25%

100%

50%25%

Reduction in the amont of the contribution paid by employer 50% 75% 90%

Exemption from TAX on property income for housing made available to staff 0% 0% 100%

Exemption from TAX on the hereditament 100% >2 Millions USD 100% >2 Millions USD 100%

Page 15: REPUBLIC OF CÔTE DIVOIRE October 30 th, 2013 CEPICI – London

Invest in Côte d’Ivoire

Site web du Forum: www.ici2014.com

Page 16: REPUBLIC OF CÔTE DIVOIRE October 30 th, 2013 CEPICI – London

Côte d'Ivoire remains a country with

• a high potential and investment opportunities,

• an important social and economic infrastructure,

• a business climate in constant improvement

We invite you to seek CEPICI for your investment projects in Côte d'Ivoire.

We look forward to seeing you at INTERNATIONAL INVESTMENT FORUM "ICI2014“

Site Web : www.ici2014.com

Conclusion

Page 17: REPUBLIC OF CÔTE DIVOIRE October 30 th, 2013 CEPICI – London

www.themegallery.com

Thank You!