📋 Tender Overview
IATI identifier 46002-P-GN-BG0-003
Country Guinea
Sector Industry, Minning & Quarrying
High 5 Industrialize Africa
Sovereign / Non-Sovereign Sovereign
Environmental Category [3] Low Risk
Climate Safeguards Categorization [3] Projects are not vulnerable to climate risk.
Gender Marker System Categorization [GEN II] Gender Outcomes
Commitment 10,640,000
Project General Description
Guinea has considerable untapped potential for industrial development. Realizing this potential through the industrialization of the Guinean economy and a sustainable increase in productivity should help meet the social challenges facing the country. The aim of this project is to build institutional capacity to address the above-mentioned development issues, drawing on the consolidated comparative advantages of the Bank in Guinea.
Project Objectives
The project's development objective is to strengthen institutional capacities for the promotion of industrial development and SME resilience in Guinea. Specifically, the project will support the improvement of capacities for planning, coordinating, monitoring and promoting industrial development, the implementation of a program to support the growth and resilience of SME-SMIs, and the strengthening of public services for businesses in the sector. Through this support, Guinea will equip itself with the necessary capacities to promote the development of new productive capacities that will contribute to the diversification of the Guinean economy, job creation, and the initiation of a real process of structural transformation and to reap the productivity gains needed to improve the quality of life of Guineans and strengthen Guinea's economic and social resilience.
Beneficiaries
The Project is national in scope and should directly or indirectly benefit all players in the industrial private sector. The private sector, women and young people, women and men, will benefit from increased opportunities through the strengthening of the private sector support ecosystem, enabling them to better seize the opportunities offered by the new industrial policy and the provisions of the local content law.
Implementing Ministère du plan et de la coopération internationale
Funding Transition Support Facility
