Technical Assistance to the Elaboration of the Private Sector Development Strategy
The project's main objective was to equip the government of Sao Tome and Principe with a strategic guidance tool for private sector promotion.
The strategy aims to follow-up several studies and strategic papers that reinforce the need to improve the business climate as a pillar for the sustainable economic development of the country. In this context, the instrument is intended to be a solid foundation for:
1) Strengthening of SMEs;
2) Attraction of foreign investment.
The consultancy involved an updated diagnosis of the operation of the private sector in Sao Tome and Principe, the development of a strategy for its promotion on the horizon 2025, in line with the country's development plans and related priorities and strategic sectors, and the formulation of an action plan for the implementation of the strategy with its attendant resource mobilisation plan and schedule.