The agro-food processing, textiles, and minerals sectors have high-potential sectors in terms of industrial capacity, value addition and job creation. However, the small size of production units and economic actors, high input costs, underutilized production capacity, and limited access to finance are major impediments to the country's industrialization.
The Government has designed an industrial modernization package with the objective of transforming Senegal into a regional industrial hub. The country’s industrial potential is therefore closely linked to flagship industrial projects such as the Diamniadio industrial platform, a major industrial public-private partnership project currently under development.
Prime Minister Mahammed Dionne visits the construction zone of the Diamniadio industrial park (video in French, 2015) Play video
The PCP will support the operationalization of existing industrial parks, such as Diamniadio. It will strengthen national capacities for industrial park management through institutional capacity-building, integrated management and investment promotion. The legal and institutional framework for industrial park management is currently under review.
Once operationalized, Diamniado will serve as one-stop service centre, providing maintenance, logistics and security services for local companies. It will integrate ten specialized labour-intensive poles in textiles, agro-food products, household goods, electronics, aeronautics and services, and offer trade and tax incentives to attract investors.
The PCP will also conduct feasibility studies and select sites for the development of new industrial parks, and elaborate business plans for their implementation. Industrial parks will also integrate a programme for the upgrading of small and medium-sized enterprises (SMEs) with the overall aim of improving productivity and market access. This will be achieved through sub-contracting, cluster development and enhanced access to finance.