setting up of a classical cotton- based spinning million.uwinnipeg.ca/~ssingh5/em/burkina.pdf ·...

EMBASSY OF BURKINA FASO IN NEW DELHI

Ambassador’s Message

Volume 1 Issue No. 1

Project and Business Promo Ebulletin

SETTING UP OF A CLASSICAL COTTON- BASED SPINNING MILL

Dear Friends,

After the launch of the new website of our Diplomatic Mission in New Delhi, www.burkinafasoindia.org , we are happy to announce that we are launching on-line our 2nd e-bulletin dedicated to the promotion of Projects and Business between Burkina Faso, India and other countries in our jurisdiction (e-bulletin Promotion ofProjects and Business (e-ppa)).

The e-ppa aims to contribute to show case the priority projects of the Burkinabe government that can be executed under a public private partnership formula or projects that can be implemented in partnership with the Burkinabe private sector. It will be published every two weeks and discuss projects fromvaried sectors such as agriculture, animal husbandry, industry, infrastructure, health, etc.

In this first edition, we present to you the project of setting up of a classical cotton-based spinning mill. Burkina Faso being one of the largest producers of cotton in Africa, the implementation of this project will add value to the existing abundant raw material in Burkina.

With this initiative, which stems in part from your desire to obtain some information on investment and business opportunities in Burkina, we dare to hope that the e-ppa would provide useful information. In any case, we are completely at your disposal for all other supplementary information.

We are very honoured to have been a part of Vibrant Gujarat 2015, where this e-ppa was officially launched in the august presence of H.E. Mr. André SANRA the Ambassador of the Republic of Benin and Mrs. Sunanda RAJENDRAN the General Secretary of the Indo African Chamber of Commerce and Industry. We are thankful tothe Prime Minister of India H.E. Shri Narendra Modi, the pioneer of Vibrant Gujarat for having given us such a brilliant platform to showcase our country.

Idriss Raoua OUEDRAOGOAmbassador Extraordinary and Plenipotentiary

Quick facts: Important Links:• Full name: Burkina Faso• Population: 16.9 million (UN, 2011)• Area: 274,200 sq km (105,870 sq miles)• Capital: Ouagadougou• Major Cities: Koudougou, Ouahigouya , Kaya , Fada N-Goruma , Gaoua , Bokin, Dedougou, Djibo, Dori, Oradara, Zorgo...• Major languages: French, indigenous languages• Major religions: Indigenous beliefs, Islam, Christianity• Independence: 5 August 1960• National Day: December 11• Life expectancy: 55 years (men), 57 years (women) (UN)• Monetary unit: 1 CFA (Communaute Financiere Africaine) franc = 100 centimes• Main exports: Cotton, animal products, gold• GNI per capita: US $570 (World Bank, 2011)• Internet domain: .bf• International dialling code: +226

http://presidence.bf/http://www.cp-investburkina.bf/?lang=enhttp://www.spen.bf/http://www.gouvernement.gov.bf/

Tel : +91 11 26140641/42

Fax : +91 11 26140630

EMBASSY OF BURKINA FASO IN NEW DELHI / WWW.BURKINAFASOINDIA.ORG

Email [email protected] Facebook www.fb.com/BurkinaFasoEmbassyNewDelhi

F-2/4 Vasant Vihar, New Delhi-110 057

West Africa Burkina Faso

Current Situation or

Project Description

The goal of the project is to :• Contribute to the processing of local raw materials especially cotton by creating more value added• Strengthen the national industrial fabric by making denser processing units,• Create jobs ;Increase imports value and improve trade balance

Investment Opportunities

Existence of raw materials (cotton fibre) in quantity and quality1� 2013/2014 : 295 260 tons of cotton fibre� 2012 /2013 : 252 621 tons of coton fibre

The site for setting up the spinning mill (40 ha) has already been identified by Burkina Faso Government and is immediately available.It is still possible to add to the project by setting up units manufacturing other cotton-based products. For instance, one can refer to the setting up of units for:� Weaving and knitting ;� hosiery / finishing ;� loincloth making ;� compress manufacturing, hygienic cotton, handkerchief, etc.

Tel : +91 11 26140641/42

Fax : +91 11 26140630




Assets

Incentives- The advantages of the investment code- The advantages of the regulations on SCADD

Projet CostUSD 48.50 million

Agence de Promotion des InvestissementsMrs Bintou Diallo, Manager of API-BFEmail: [email protected]; [email protected] Cellular phone: + 226 78 20 53 42 Land line phone : + 226 50 37 44 86

Mr Wilfried YAMEOGO, Permanent Secretary in charge of monitoring the Liberalized Cotton chain of valueContacts : Email: [email protected]; Tel cell: +226 70 20 32 16; Tel fixe: +226 50407700

Tel : +91 11 26140641/42

Fax : +91 11 26140630




Partnership soughtSearch for strategic partners (technical and/or financial and/or commercial) with experience in textile industry in order to implement and operate the project

Contacts

Contact:

AGENCY FOR THE PROMOTION OF INVESTMENTS IN BURKINA FASO (API-BF)

Mrs Bintou Diallo, Manager of API-BF Email: [email protected]; [email protected]

Cellular phone: + 226 78 20 53 42 land line phone : + 226 50 37 44 86

PERMANENT SECRETARY IN CHARGE OF MONITORING THE LIBERALIZED COTTON CHAIN OF VALUE

Mr Wilfried YAMEOGO, Permanent Secretary Contacts : Email: [email protected];

Tel cell: +226 70 20 32 16; Tel fixe: +226 50407700

EMBASSY OF BURKINA FASO IN NEW DELHI


Tel : +91 11 26140641/42 Fax : +91 11 26140630

Email: [email protected]: www.burkinafasoindia.org

EMBASSY OF BURKINA FASO IN INDIA

Visit us at : www.burkinafasoindia.org

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setting up of a classical cotton- based spinning million.uwinnipeg.ca/~ssingh5/em/burkina.pdf ·...

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