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Project ID: P146666
Competitiveness for Tourism Development Project
Project Area

Tourism

MANAGEMENT UNIT

Special Projects Management Unit

Date of entry into force

15/11/2016

Closing Date

31/01/2022

State

Closed

Total Value

$5,000,000.00 (USD)

489.201.323,00 CVE

Initial Value

$5,000,000.00 (USD)

489.201.323,00 CVE

Additional Value

$0.00 (USD)

0,00 CVE

100%

% Execution

Objetive

The Competitiveness for Tourism Development Project aims to promote a competitive and diversified tourism sector as the basis for a new phase of inclusive growth for the country. To achieve this purpose, the project will contribute towards the ability to attract and manage medium and large investments that create jobs and wealth in a sustainable way in the economy.

Description

This project addresses the GoCV's goal of promoting a new phase of inclusive growth in the economy, catalyzed by a competitive tourism sector. On the one hand, this implies attracting medium to large investments that bring jobs, taxes, and growth to the overall economy, and it is in this context that the Government of Cabo Verde has negotiated funding for this project with the International Development Association (IDA) of the World Bank Group for a total amount of US$ 15,000,000 (fifteen million US dollars).

Components​

Title Purpose Amount in USD

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