Minister of Investment and Private Sector Development Essis Esmel attending

Cote d’Ivoire: CFA 3.27 billion Swiss factory inaugurated

On Thursday, a Swiss-backed tropical fruit processing and drying plant was opened in Asse, a town located 60 km south-east of Abidjan. It represents an investment of CFA 3.27 billion (€5 mln). Ivorian Minister of Investment and Private Sector Development, Emmanuel Essis Esmel, and Swiss Ambassador to Cote d’Ivoire, Anne Lugin-Moulin attended the official opening of the factory.

The food-processing unit, located at the heart of the Ivorian pineapple production, processes 7,700 tons of mangoes, pineapples, coconuts and bananas per year. It also processes 800 tons of premium quality dried fruit, 400 tons of which are organic.

Essis Esmel noted that the processing unit is part of the vision of the Ivorian leader, Alassane Ouattara, who has set the course for the structural and economic transformation of the country through industrialization.

“Today, I am proud that many Swiss companies are present in Cote d’Ivoire (and) we have more than 40” of them, said the Swiss ambassador, Mrs. Anne Lugin-Moulin.

According to the Swiss diplomat, “Cote d’Ivoire is one of Africa’s economic lions in the new strategy” developed by the Federal Department of Foreign Affairs of Switzerland.

As reported on¸ the Cote d’Ivoire agricultural sector, one of the pillars of the economy, generates more than 25 percent of the Gross Domestic Product (GDP) and employs more than 50 percent of the national workforce. The new Swiss company has created 450 jobs.

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