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Home Headline News

Come invest in Chad, President Deby markets

Next Edition Editorial by Next Edition Editorial
September 7, 2017
in Headline News
Come invest in Chad, President Deby markets,Chad National Development Plan
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In an apparent display of patriotism, love and commitment to nation, Chadian president, Idriss Deby, led the campaign to attract investment into his country in order to make it a better place.

He made a personal appeal to the international community to come and invest in Chad, promising abundant gains.

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In a personal statement made on the occasion of the Chad National Development Plan 2017-2021 two-day Round Table, the Chadian president played the role of the chief marketer.

He explained that his country had abundant opportunities to be tapped by investors.

He also explained that it had been working seriously to provide a conducive environment for investors.

While stressing that the investment in the country would help Chad to grow, he pointed out that a lot abound to be gained by the investors.

Below is the statement personally made by Deby:

As the president of the Republic of Chad I am in Paris today addressing a distinguished and talented group of international partners who will be validating the financing of the next step of Chad’s National Development Plan 2017-2021.

Not all readers know to what degree the world relies on Chad to help enforce the security and stability of central Africa and the African continent.

Chad has also emerged as a global model for humaine integration of hundreds of thousands of immigrants whom we have welcomed and educated.

Chad has adopted an inclusive and consensual development framework and has fostered a constructive dialogue between its administration, civil society, religious groups, parliament, and our technical and financial partners.

Aside from mobilizing resources in Paris to meet the funding requirements of our National Development Plan (over 6 billion USD), we are here to gather suggestions on how to do more in the process of reviving our growth.

Chad has been doing the work needed to provide the legal and economic environment for investors to come and participate in the future.

We have been improving transparency and governance; we have shown that development and protection of the environment and our natural resources go hand in hand.

Admittedly, Chad faces challenges.

The global drop of oil prices has lessened our national revenues and tax base, and the absorption of immigrant populations is a costly responsibility.

National and regional security is an ongoing task that requires massive resources.

The financing commitments we are achieving in Paris today are essential, and are greatly appreciated, but beyond the solidarity of our partners Chad calls out to the international investment community to consider the attractiveness of Chad by accompanying us as we diversify our economy and develop our non-oil sectors.

We have ripe opportunities to share.

Today, as the partners approve pledges at the Paris Round Table, I personally invite business leaders from around the world to come and invest in Chad.

Your investments will not only support the development of an emerging country, the opportunities in Chad will represent handsome returns for those who join us.

With gratitude,

SEM Idriss Deby Itno

President of the Republic of Chad

Tags: Chad National Development PlanCome invest in ChadnewsNEXT EDITIONnigerian newspapersPresident Deby markets
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