TICAD VII: Faure Gnassingbé in Tokyo seeking Japanese investors for the PND

Economic governance
Monday, 26 August 2019 14:38
TICAD VII: Faure Gnassingbé in Tokyo seeking Japanese investors for the PND

(Togo First) - President Faure Gnassingbé arrived in Tokyo on August 25 where he will take part in the Seventh Tokyo International Conference on African Development (TICAD VII). The latter will commence on Aug 28 and end Aug 30, in Yokohama.

I will meet with Prime Minister Shinzo Abe and use this opportunity to discuss with some Japanese investors and business actors,” declared the Togolese leader. At the summit, the Togolese party will present “potentialities and assets of Togo and get the Japanese party to invest in the 2018-2022 national development plan.”

During the conference which aims at assessing, and boosting economic and commercial relationships between Japan and Africa, Togo will promote sectors such as transport, infrastructure, and agriculture, which are key components of Axis 1 and 2 of its national development plan or PND. These two axes are expected to lead to the establishment, in Togo, of a first-class logistics hub and regional business centre, as well as to the development of agricultural, manufacturing and mining poles.

Given this, Noël Bataka, Kodjo Adedze and Zouréhatou Kassah-Traoré, respectively ministers of agriculture, private sector, and infrastructures and transport, are part of the Togolese delegation currently in Japan with President Gnassingbé.

Before this conference, the Togolese president also showcased the PND at the FOCAC in China, at the G20 Compact with Africa program, in Germany, at the Africa CEO Forum in Kigali (Rwanda), and at the Chatham House in London.

Let’s recall that of the 65% of funds needed for the PND, nearly XOF3000 billion, should come from the private sector.

Séna Akoda

To contact us: c o n t a c t [@] t o g o f i r s t . c o m

Please publish modules in offcanvas position.