Gabon relaunches High Investment Council to attract private sector funding for 2026-2030 development plan
via Gabon Review2 min read
Gabon's government is reactivating the High Investment Council HCI to strengthen its partnership with the private sector and achieve the ambitious 27 trillion FCFA investment target set by the National Growth and Development Plan PNCD 2026-2030. The HCI's work is scheduled to begin on Thursday, June 4, in Libreville. This initiative follows a recent meeting between the executive and the Federation of Gabonese Enterprises FEG to establish a new dynamic for public-private collaboration. The government aims for the private sector to contribute 18 trillion FCFA, or two-thirds, of the total investment required for the PNCD. The relaunch of the HCI, under the instructions of President Brice Clotaire Oligui Nguema, seeks to address private sector concerns such as administrative controls, legal insecurity, procedural delays, and high logistical costs. Eight joint working groups, comprising public administration and private sector representatives, will examine key themes from June 4 to June 11, including parafiscality, cost of living, legal security, public establishment governance, public procurement, social reforms, strategic sectors, and support for SMEs. The conclusions will be consolidated on June 12 and 13, with a general presentation on June 15 for the formal adoption of selected reforms. The government hopes this move will build trust and attract the private capital necessary for the PNCD's success and Gabon's development ambitions.
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This summary was AI-generated from a story originally published by Gabon Review.
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