Investment climate of Ivory Coast

Government of Cote d’Ivoire (GOCI) has continued to be focus on economic recovery following the 2011 post-electoral crisis and after more than a decade of economic mismanagement and infrastructure decay this is mainly to encourage investment in the country.

In 2012, the Governments efforts began to bear fruit, with estimated GDP growth of 8.6 percent and stronger than expected fiscal receipts. Significant legislative steps were also taken to improve business conditions and encourage foreign private investment.

Successful efforts to implement reform in the public finance, energy, cocoa and coffee sectors helped the country to attain the Heavily Indebted Poor Countries (HIPC) completion point in June and thus receive significant debt relief.

This general improvement in the investment climate was reinforced by passage of the 2012 Investment Code.

Regulatory Framework

The Investment Promotion Centre in Côte d’Ivoire (CEPICI)

CEPICI is one-stop shop for direct investment in Côte d’Ivoire and to this end, the centre gathers, coordinates and streamlines all government initiatives and actions on investment promotion and private sector development.

Role and Responsibilities

The missions CEPICI are cross-cutting which gives it a role dedicated to supporting the private sector and the interface between it and the State, in order to increase private investment in Côte d’Ivoire.

The CEPICl is responsible for:

  • To ensure, through its Single Window Investor, including:
    • Facilitating administrative procedures relating to the establishment, operation, transmission or expanding businesses. Governments and organizations involved in these procedures are for this purpose, grouped in the CEPICl ;
    • Contribution to the reduction of costs and time for these formalities
    • The receipt and processing of applications from investors for the benefit of benefits of the Investment Code;

Cote d’Ivoire investment code 2012

Offers incentives, including tax reductions and in some cases exemptions from value added taxes (VAT) on equipment for private investors.

Investment Climate in Ivory Coast has been summarized to include the following

Development Partners of Cote d’ Ivore

Double Taxation Treaties of Ivory Coast (Côte d’Ivoire)

Exports of Cote d ‘Ivore

International Trade Agreements with Ivory Coast

Investment Authority of Côte d’Ivoire (Ivory Coast)

Investment Guarantees in Ivory Coast (Republic of Côte d’Ivoire)

Investment Incentives in Ivory Coast

Investment opportunities in Cote d’Ivoire

Natural Resources of Cote d ‘Ivore

Trading Partners of Cote d’Ivore

Shipping Status

BRVM Regional Stock Exchange

For more reading

http://www.state.gov/e/eb/rls/othr/ics/2013/204626.htm

http://www.aabf.org/cote_divoire_inv_guide.htm

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