CLIENT
EU / Ministry of Finance, Gabon
TITLE
Chef du Projet
COUNTRIES
Gabon
DATES
2005 - 2006
SECTOR
Multiple
PROJECT DESCRIPTION
While Gabon is a relatively wealthy country by the standards of Sub-Saharan, its economy is heavily reliant on the exploitation of natural resources, especially on oil revenues which are expected to decline sharply in the next few years. Moreover, the relative wealth of the country is not reflected in its social indicators (life expectancy, literacy, access to infrastructure).
The Government of Gabon (GOG) was therefore seeking to diversify the economy outside oil. In order to achieve this goal, Gabon was looking for strategies to improve the environment in which private businesses operate (investment climate, corporate taxation, etc.), to step up private participation in infrastructure sectors and to improve the performance of productive sectors.
SERVICES PROVIDED BY STRATEGY & ECONOMICS
Strategy & Economics acted as Team Leader in this World Bank funded assignment targeted at enhancing private sector participation and investment in Gabon’s transport, energy, water and telecommunications sectors. The work entailed:
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Analysing investment priorities in each utility sector
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Ascertaining the nature and form of PSP that could fulfil these investment requirements
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Making recommendations as to how the political, legal and fiscal climate may be transformed to encourage internal investment
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Advising on an appropriate regulatory structure to facilitate PSP