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June 1973

OBR 73-21

Overseas

Business Reports

U.S. DEPARTMENT OF COMMERCE

1V. S. DOMESTIC AND INTERNATIONAL BUSINESS ADMINISTRATION

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This report contains brief descriptions of the most recent economic development plans in effect in several African countries. It is the second revision of a report, under the same title, which was first prepared in 1969.

Although the character and scope of the plans vary from country to country, they generally share the common aim of identifying investment projects designed to help fulfill national objectives. The more prevalent of these objectives are economic growth, upgrading health and educational services, expansion of employment opportunities, infrastructure and diversification of the country's industrial base.

Most plans indicate specific amounts of capital expenditures planned for each project. Consequently, they constitute useful research tools for U.S. firms interested in investing or marketing in Africa. It should be pointed out, however, that these development plans are only expressions of intent or desire.

Unforeseen circumstances such as a reduction

in foreign aid expectations or the sudden development of a bottleneck may alter the priorities established for the original plan. Given this qualification, the plans nevertheless provide a good indication of those areas which government planners seek to develop.

Dollar figures reflect post 1971-72 monetary realignment only for those African countries whose development plans appear for the first time in this Overseas Business Report series, Ivory Coast, Cameroon, Somali Republic, Libya, and Gambia.

The name and address of the agency responsible for planning in each of the 21 countries is listed at the end of this report. Requests for further details on particular projects, as well as for copies of the development plan documents themselves, should generally be addressed to those sources. In addition, the Washington, D.C. embassies of many of the countries can give assistance in this field. Also, some of the plans are available, for reference only, to persons visiting the Africa Division, U.S. Department of Com

merce.

A summary of the investment expenditures called for by the various plans is given in Table

1.

Algeria

The Algerian Development Plan for the 4-year period 1970-73 envisions a total investment of $5.4 billion. Of this amount, $5.3 billion will come from the public sector of the economy. The Plan, which reflects the Algerian Government's desire to accelerate the pace of economic development and to achieve various economic, social, and cultural goals, aims at achieving a 9% growth rate

OVERSEAS BUSINESS REPORTS; $28.50 a year ($7.25 additional for foreign mailing); 30 cents a copy. Order from any of the Department of Commerce district offices or from the Superintendent of Documents, U.S. Government Printing Office, Washington, D.C. 20402. Single copies also available from National Technical Information Service, Springfield, Virginia 22151.

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ment totaling $838 million. Since the lack of water in Algeria is the single most important obstacle to realization of the Plan's agricultural objectives, particular attention will be given to the improvement of the irrigation network, with expenditures in this area totaling about $222 million. Remodeling of the present irrigation system is planned, as is an intensive search for new sources of water. The construction of several large dams is contemplated to augment the 768,000 acres of land currently under irrigation. Specific plans include a dam to irrigate the plain of Guelma and to aid sugar beet cultivation. In addition to new dam construction, improvement of presently existing dams is planned. Also, flood control measures are to be implemented and some desalinization plants may be built.

One of the principal goals of the Development Plan is to achieve self-sufficiency in foodstuffs by 1980. In addidion to better irrigation, the realization of this objective will depend to a great extent on improvement of the quantity, quality, and utilization of agricultural equipment. Thus, expected Plan expenditures on agricultural equipment over the 1970-73 period are $157.8 million. This mechanization program should present excellent opportunities for sales of U.S. farming equipment.

Table 1.—Summary of Development Plan Investment Expenditures

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$838

Ghana.

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447

Ivory Coast

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Kenya

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2,069

Lesotho

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Transportation

162

Libyan Arab Repubhe

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