Chad presented its national development plan, “Chad Connexion 2030,” to investors and international financial institutions on November 10, during the UAE–Chad Trade and Investment Forum in Abu Dhabi.
Through this plan, the country aims to mobilize up to $30 billion, or about CFA18,000 billion, to lift 2.5 million citizens out of poverty. The program includes 268 development and reform projects, averaging around $112 million each.
“The Chad you see today is not offering an adventure but a strategic and mutually beneficial partnership. We are not only offering resources, but also a key position in the economic transformation of a nation,” said President Mahamat Idriss Déby Itno, addressing investors.
“Chad Connexion 2030” is structured around four key areas grouped into 13 programs. The first pillar focuses on infrastructure—investments in water, energy, digital technology, and transport to boost growth. The second targets social policies to improve health, education, and employment, enhancing human capital. The third pillar, economic and industrial development, aims to diversify the economy and reduce dependence on oil. The final pillar focuses on improving the business climate through reforms that secure investments and modernize taxation and labor laws.
The plan’s macroeconomic goals include a 60% increase in GDP and an average real GDP growth rate of 10% by 2030, driven by both oil and non-oil sectors. Chad also plans to double agricultural productivity and establish an export-oriented livestock industry to reduce oil dependency.
The government aims to raise the mining sector’s contribution to 5% of GDP by 2030. In energy and water, it seeks to provide clean water access to 11 million additional people and achieve a 60% national electrification rate—90% in urban areas—mainly through solar power. The plan also targets 80% internet coverage by 2030.
The success of the Abu Dhabi forum will depend on Chad’s ability to attract both public and private investors to its transformation strategy.
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