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Find all the economic and financial information on our Orishas Direct application to download on Play StoreA delegation of 14 European investors, led by the Council of the European Chamber of
technology (Eutecc), is on a prospecting visit to Senegal. Composed mainly of Germans, this
delegation intends to forge partnerships with the Senegalese private sector in several areas
of activities.
Energy, infrastructure, agriculture, establishment in special economic zones are the four axes
of cooperation and collaboration that the Senegalese private sector can establish with a delegation of 14
European investors led by the Council of the European Chamber of Technology (Eutecc). That
delegation composed mainly of German businessmen, came to Senegal for
prospecting with a view to having “local contracts” with the Senegalese private sector. One of the organizers of
this visit followed by a Senegalese-German Economic Forum, the Director General of the National Agency
in charge of promoting investment and major works (Apix), Mountaga Sy recalled the projects
open to partnerships. “We have a range of 128 open projects in public-private partnership. He has
been said and noted that the State has made significant efforts in terms of attractiveness both from the point of view of reforms,
the implementation of connectivity infrastructures. These 128 projects are open to the private sector
national and foreign, because these projects have the particularity of requiring heavy investments to
the private sector and specificities in terms of technology to support these projects,” he explained. According to him,
there will be the presentation of financial and technological engineering offers from the foreign private sector and the
skills of the national private sector to create “local contracts” so that projects can be carried out between
these two private sectors.
The Head of the European Delegation, Florian Von Tucher, President of the Council of the European Chamber
of Technology (Eutecc) which, after its mission in Senegal, will continue in Ghana, detailed the
motivations of his organization to seek partnerships in Senegal. Motivations that range from
certain attractiveness of Senegal, its economic dynamism, the quality of its infrastructure
connectivity and its youth. Of German nationality, like most of his delegation, Von Tucher
is also counting on support from the State of Senegal with regard to securing
investments. Thus, as recalled by Cheikh Tidiane Sall, Ambassador of Senegal in Berlin, he was
noted a diversification in Senegal's partnerships in terms of economic cooperation. This is
why, he also suggested to the Senegalese private sector to give importance to Germany which has a
great technology and who also has a great interest in Africa. “Since his presidency of the G20 in
2017, there were several German initiatives in favor of Africa, especially towards the private sector of the
continent. There was a portfolio of 400 million euros in favor of African companies and other
opportunities to seize for the African private sectors”, recalled Ambassador Cheikh Tidiane Sall.
MOUNTAGA SY, DIRECTOR GENERAL OF APIX: “Special Economic Zones are a means
investment security”
In its prospecting visit, the delegation of the Council of the European Chamber of Technology
(Eutecc) expressed its interest in the Special Economic Zones (Zes), set up by the State of
Senegal to accommodate industrial units. Zes which are, for the general manager of Apix,
Mountaga Sy, a way to secure the investment. “In the time of investment, of the idea of
project until its realization, in general, the investor spends 80% to secure the land, because it is the
basis of securing investment over almost 99 years. Special Economic Zones
confirm the State's desire to provide the investor with developed and secure land. This
secure land must be accompanied by major reforms that make private investment attractive",
explained Mountaga Sy. According to him, the tax exemption for Zes is based on the assumption that the investor must
guarantee the export of a significant amount of its production abroad. "We therefore need, he said, projects that take advantage of the relocation of foreign companies that come to create jobs here.
and who will re-export our products to markets that have already been secured abroad.The investor
private sector is ready to bear taxes, if it is faced with quality investors. This is why we have
worked to have a single window and the orientation of a quality service in the Zes. In these zones,
the investor, whether foreign or national, has his role which is to do his core business, that is to say the
production. It has, next to it, the Customs, the gendarmerie, the labor inspectorate, the land registry services, etc., which
accompany him”.
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