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According to the IFC, the project will advise the Government on how to address key policy gaps and failures relevant to the sector and on how to communicate more efficiently on the opportunities and benefits provided by the LPG sector. The project will also advise the Investment Promotion Agency (ANAPI) on developing an investment promotion strategy for the LPG sector, including outreach missions and sector-specific investment promotion and educational campaigns to attract investors. It will also advise the Agency and the Ministry of Hydrocarbons on how to develop an effective communication program for key stakeholders in the LPG value chain.
The objective of this project is to enhance the investment climate for the liquefied petroleum gas (LPG) sector and facilitate the attraction of private sector investment. This will be achieved by advising the Government of the Democratic Republic of the Congo (GoDRC) on implementing comprehensive legal and institutional reforms to address key market failures in the LPG industry. The project is expected to achieve the following by closure:
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