The objective of the Growth and Competitiveness Project is to improve the investment climate and strengthen the competitiveness of key sectors of Gambia, The economy. There are three components to the project, the first component being improving the business environment. This component will improve the business environment through business registration and tax administration reforms, establishment of a collateral registry and support for investment promotion and facilitation. The second component is the strengthening economic clusters. This component will strengthen economic clusters through a competitiveness program that will support horticulture development, a quality assurance program for the groundnuts sector, Micro, Small, and Medium Enterprise (MSME) business growth and access to finance as well as tourism promotion and marketing and skills development. Finally, the third component is the project implementation. This component provides support for project implementation through establishment and operation of a project coordination unit under the Ministry of Economic Planning and Industrial Development (MEPID), technical assistance for MEPID as well as the National Environment Agency for monitoring and mitigation of safeguards impacts.
