Ivorian-Chinese Economic Forum: CEPICI Commits to Supporting Chinese Investors Through MOUs

On September 4, 2024, the Ivorian-Chinese Economic Forum featured significant developments, including the signing of several Memoranda of Understanding (MOUs) between the CEPICI (Centre de Promotion des Investissements en Côte d'Ivoire) and Chinese investors.

The agreements include:

• Eurafrica International Limited (EAI) and Cherry Overseas Investment Corp (COC): EAI's project aligns with the strategic objectives of the Ivorian government, aiming to create an industrial complex that will generate substantial benefits for the national economy.

• Wuhan Engineering Co. Ltd: This agreement pertains to a project focused on the production of urea-based fertilizers.

• Sino Africa International Obetter: This project involves establishing industrial plantations for cereal production intended for poultry, setting up industrial poultry farms, and constructing a genoise manufacturing plant.

These investment projects align with Côte d'Ivoire's goals for economic industrialization and emphasize improving the well-being of Ivorian populations through job creation.

CEPICI will support the effective implementation of these high-impact economic and social projects through its investment incentives policy, as outlined in the investment code.

MC