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Gabon - Economic Diversification Support Project (PADEG) - Appraisal Report
The Government of the Gabonese Republic has made considerable effort to modernize and diversify the economy under the Emergent Gabon Strategic Plan (PSGE), which is based on three pillars: Industrial Gabon, developing industrial capacity particularly in the oil, mining and metallurgy sectors; Green Gabon, strengthening the timber, agriculture, livestock and fisheries sectors; and Gabon Services, promoting tourism and financial services. This Plan includes a clear Action Plan and aims to transform the country into an emerging economy by 2025. The PSGE was recently updated through the adoption of the Economic Recovery Plan, the aim of which is to adapt the country to the new context of economic and financial crisis resulting from the crash in international oil prices.