Home / News / Chad kicks off industrialization plan

Chad kicks off industrialization plan

The Republic of Chad strives for an 8% yearly growth rate by 2030 via industrialization and economic diversification.

Chad hopes to achieve an 8% economic growth rate in ten years.

This is the objective of the Master Plan for Industrialization and Economic Diversification, set up by Ndjamena.

It aims to develop the national economy by exploiting key sectors such as energy, mining and digital technology.

The first phase of this program which extends until 2022 costs over 985 billion US dollars.

This week on Business Africa, we receive Adama Coulibaly, senior economist at the United Nations Economic Commission for Africa (UNECA).

The organisation and the Chadian government have worked jointly on this economic and development project.

He explains the reasons for the establishment of this plan, its operation and the impact of the current Covid-19 pandemic on its implementation.


Check Also

King Kome Outdoors New Single, Talks Ghana Music Awards and Explains Concept behind New Video, ‘Addicted’

The year 2021 has started on an exciting note for Ghanaian Reggae and Dancehall musician, …

Leave a Reply

Your email address will not be published. Required fields are marked *

%d bloggers like this: