An Ambitious Industrialization Policy

The Comorian vision focused on industrialization and support for the private sector was central to President Azali Assoumani’s speech at the TICAD 9 summit in Yokohama, Japan.

The country is pursuing legislative and institutional reforms to improve the business climate, facilitate access to financing, and secure investments, as part of the Comoros Emergent Plan for 2030.

Peace and security in the Indo-Pacific region, a strategic crossroads between Africa, Asia, and the Middle East, were also highlighted as essential conditions for economic development. This region should be a place of trade and movement rather than a battleground.

The energy sector is a national priority. Investments target access to electricity, digital connectivity, and the development of renewable energy, particularly solar energy, to ensure a universal and clean supply.

The blue economy is considered a strategic lever for employment and growth. Sustainable fisheries, maritime tourism, marine renewable energies, and blue biotechnology represent significant opportunities. The Comoros’ geographical location, at the crossroads of major maritime routes, is an asset for attracting investment in port and fishing infrastructure.

Finally, the Head of State calls for balanced partnerships with Japan and other international partners, combining know-how, technologies, and resources to build resilient and inclusive economies.