Ivory Coast

Ivory Coast has been the second fastest growing economy in Africa for the last decade. The IMF foresees the average growth rate of real GDP to be well above 6% on average for the next five years. Although Ivory Coast is mainly well known for being the world largest producer of cocoa, it has designed and implemented in the recent years a set of investment and fiscal policy measures that are putting the country at a leading position in several industries within the ECOWAS region. Large vehicle construction, passenger and cargo ships, delivery trucks, excavation machineries are growing sectors in which a strong expertise is being built in Ivory Coast. La Republic of Cote d’Ivoire is home to nearly 30 million people, with domestic firms having a free access (for most products) to the large ECOWAS market. Ivory Coast ranking in the ease of doing business has been improving markedly in the past recent years, and significant resources invested in infrastructure development, placing the country as a leading destination for FDI within the region.