| Project Detail |
CORRIDORS MANAGEMENT PLAN FOR
THE RING OF GROWTH IN WEST AFRICA (WAGRI-CACAO)
1. TITLE: Project for the Construction of an Industrial Park in the Central Region
2. COUNTRIES OF INTERVENTION: Togo
3. AREA OF INTERVENTION: Central Region
4. AREAS OF INTERVENTION: Industry
5. Strategic focus of the management plan: Button A, Axes 1 and 2:
Ø Strategy 1: "Promotion of various economic sectors" contributing to regional development.
Ø Strategy 2: "Investment Promotion for the Motor Economic Sectors" by taking advantage of the integration and expansion of subregional markets.
6.JUSTIFICATION OF THE PROJECT:
Togo has adopted in 2018 its National Development Plan (PND) .This very ambitious plan covering the period 2018-2022 has the global objective of structurally transforming the economy, for a strong, sustainable, resilient, inclusive, creative growth. decent jobs and leading to improvements in social well-being.
At least 500,000 direct jobs are envisaged over the period of implementation of this National Plan.
The industrial sector, beyond the wealth it creates, is a real provider of jobs. As part of the implementation of the PND, the creation of industrial parks and special economic zones is part of the logic of axis 2 of the PND, which plans to develop agricultural processing, manufacturing and processing poles. extractive industries.
The CACAO Project Master Plan recommends the diversification of the economic sectors of the inland areas and the coastal zones. It takes into consideration urban development and rural development in its recommended growth scenario. Urban centers along economic corridors (both north-south corridors and the west-east coastal corridor) are strategic locations to attract manufacturing industries. In order to support such development of manufacturing sectors in urban centers, it is important for this purpose to provide economic infrastructure such as water supply, electricity supply, industrial parks and ICT.
Following the study of the CACAO project conducted by a JICA team, it was found that the central region through the city of Sokodé, located on the Lomé-Ouagadougou Corridor, is conducive to being a hub of economic exchanges. . Also, by improving the Lomé-Ouagadougou Corridor road, and by providing economic infrastructures, this region will be able to play the role of one of the major regional centers and shopping centers, logistic, industrial and agricultural able to contribute significantly to the growth of the country in general, and more particularly to the improvement of the living conditions of the populations living there.
This project therefore aims to create an industrial park in the central region. As this region does not yet have an industrial site, the project plans to first acquire 100 hectares of land which will then be secured, developed and serviced. This favors the installation of industrial units and the development of the comparative advantages of the central region. In addition, the establishment of this park will also allow a strong use of the local labor thus inducing the reduction of the unemployment and the rural exodus.
7. MAJOR STAKEHOLDERS
Project Manager: Togolese State (Ministry of Industry)
Project management: Firm / Company to recruit
Beneficiaries: Large national and international companies;
National and international SMEs / SMIs;
Young qualified and unskilled; populations of the central region and the whole country
Other stakeholders: Ministry of Industry, Togo Invest, Free Zone Administration Company (SAZOF), domestic and foreign investors
Coordination and monitoring and evaluation The monitoring will be done by the Ministry of Industry. It will be responsible for: (i) ensuring better monitoring of project implementation, in order to improve the process put in place; (ii) reliably assess the results of the project; (iii) evaluate the effects and impacts of these results on beneficiary populations; (iv) enable better communication with all development actors and (v) mobilize more resources needed to finance the project
8. STRATEGIC DIRECTIONS
General Objective (Goal): Densify the industrial fabric and increase its contribution to GDP
Specific objectives :
1. Encourage the establishment of a large number of industrial units by developing and servicing the site
2. Valuing local raw materials through processing
3. Increase Togolese exports in industrial products
4. Create at least 15 thousand sustainable jobs
Expected results :
(Deliverables and effects)
1. The site is secured by a linear, developed and serviced fence favoring the establishment of several industrial units
2. Raw materials are processed locally
3. Togolese exports of industrial products are increased
4. At least 15 thousand sustainable jobs are created
Main activities :
1. Carry out a study of security, development, viabilisation and environmental and social impact of the industrial site
2. Set up a system for securing the industrial park
3. Carry out track construction work
4. Perform water, electricity and telecommunication services
5. Put in place incentives for the installation of industrial units
Environmental and social impact: The completion of the site development and servicing project in the central region will be preceded by a study that will take into account the environmental and social impacts. The report document with this study will identify key measures to mitigate negative effects on the social and physical environment.
9. FINANCING PLAN
Estimated cost of the project: 30 billion FCFA
Amount mobilized: 0 Rate: 0%
Source Amount Financing instrument
(PPP, State Budget, Loan, Other)
F CFA USD (Rate: 550 F CFA)
State:
Private promoter:
Development Partners: 30 Billion 54.545454 Million Borrowing
Private partners:
Remaining to be mobilized: 30 Billion 54.545454 Million Rate: 100%
10. DURATION - MAIN STAGES OF THE PROJECT
Estimated completion time 36 months Start date: 2020 End date: 2022 |
