Prime Minister Komi Selom Klassou

"The importance of the role played by the private sector in wealth creation is no longer subjet to debate today. All we want is to to grow with the support of our partners and the state," implores Germain Meba, President of the Chamber of Commerce and Industry of Togo (CCIT).

Togo's national development plan (PND) estimated at 4622 billion CFA, expects from the private sector a contribution up to 65%.

"We cannot miss the development process waiting for outside investors to come in. We should at all costs study the essential conditions for the promotion of national economic operators.This is indispensable and inevitable", said Laurent Tamegnon, president of the national council of the employers.

Whether small and medium-sized enterprises, small and medium-sized industries, artisans in the formal or informal sector, the private sector is a key asset for Togo.

"It is clear that the private sector cannot act alone as governments around the world are the first responsible for the legislative and regulatory framework that can empower the private sector to play their part and inspire them to take action", recognizes Prime Minister Komi Selom Klassou.

He took the opportunity to announce a consultation meeting between the government and the private sector before the end of November.

"The achievement of the PND goals and the improvement of all social strata always require permanent predictions of listening, reflection and exchange in order to allow the private sector to live up for the expectations placed in him", justifies the head of government.

The main tool to enable young entrepreneurs to establish their project is indeed funding.

"It is true that we have mechanisms like ANPGF that really make us wonder, but what this mechanism provides us is too small compared to what we need today. They can increase the level of the ANPGF or put in place other mechanisms that will allow us produce. t

The demand is there", exhorts Minsob Logou, General Manager of Logou concept. High level discussions, including those on private sector opportunities and challenges in the implementation of the PND are among other planned activities.

The Togolese private sector wants to seize every opportunity to evolve strategically on a bright future.

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