Ivory Coast unveils $66 billion plan to double mining and energy contribution to economy: state media.
An integrated policy for mineral resources and energy is expected to aim at increasing national wealth over the next 15 years, Minister of Mines, Petroleum and Energy, Mamadou Sangapova-Coulibaly, said on Monday.
The policy will be implemented through five reform programs and major projects, with 88% expected from the private sector and 12% from the government.
The main priorities include:
Development of critical mineral and phosphate processing projects.
Expanding electricity connections between the Ivory Coast, Liberia, Sierra Leone and Guinea.
Support for the African-Atlantic gas pipeline Nigeria-Morocco.
To become one of the five leading oil producers in Africa and the leading gold producer in the continents by 2035.
Increasing the share of locally produced goods and services used by the extraction sector to at least 95% by 2035.
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