Gabon's High Council for Investment presents reforms to improve business climate

The report, presented to Vice President of the Government Hermann Immongault by Minister Delegate for the Budget Marc Abeghe and President of the Federation of Gabonese Enterprises FEG Alain-Claude Kouakoua, contains recommendations from state and private sector representatives. These recommendations, covering taxation, public procurement, governance, and logistics, aim to create a more attractive framework for investors and enable the private sector to finance two-thirds of the National Growth and Development Plan PNCD. The report, resulting from consultations that began on June 4 in Libreville, is intended to guide future legislative and regulatory texts.

The goal is to quickly implement these proposals into concrete reforms to strengthen Gabon's economic appeal. This initiative seeks to enable the private sector to contribute nearly 18 trillion CFA francs, approximately two-thirds of the 26 trillion CFA francs required for the PNCD. Key recommendations from working groups, involving over 1,100 participants, include accelerating the promulgation of the new Investment Code, establishing mixed control brigades to reduce administrative burdens, and ensuring continuous operation of port and airport corridors.

Discussions also highlighted the need for stronger public governance, proposing recruitment of