6. A TOOL FOR THE DEVELOPMENT OF INDUSTRIAL ENTERPRISES IN ACP COUNTRIES
CENTRE FOR THE DEVELOPMENT OF INDUSTRY
The Centre for the Development of Industry (CDI) is an ACP-EU
institution financed by the European Development Fund (EDF) under the Lomonvention bringing together the European Union and the 70 ACP
countries (Africa, Caribbean and Pacific). Its objective is to encourage and
support the creation, expansion and restructuring of industrial companies
(mainly in manufacturing and agro-industry) in the ACP countries. To this
effect, it promotes partnerships between ACP and European companies which may
take various forms: financial, technical or commercial partnership, management
contract, licensing or franchise agreement, subcontract, etc.
The CDI's services are easily accessible and are subdivided into
four facilities (see table) to support the different stages in the creation,
expansion and rehabilitation of industrial companies. In this framework, the CDI
intervenes, free of charge, providing its own expertise, or makes a
non-reimbursible financial contribution. The CDI does not finance the investment
of the project but helps to seek out and put together a financing package.
The requests for assistance submitted to the CDI are evaluated
on the basis of the financial and technical viability of the projects and their
contribution as regards the development of the country concerned. Information
submitted to CDI will be treated in complete confidentiality. The total amount
invested in these projects, or the value of the assets in the case of existing
companies, must be between 200,000 and 10 million ECU. Smaller companies may be
accepted in certain cases: pilot projects, regrouping of several companies with
a view to joint assistance, priority industrial sectors, etc.
By project, CDI means an industrial unit or group of
units in the process of being created or undergoing expansion, diversification,
rehabilitation or privatisation.
CDI - CENTRE FOR THE DEVELOPMENT OF INDUSTRY-ACP-EU LOMCONVENTION
Avenue Herrmann Debroux 52, B-1160 Brussels, Belgium -Tel.: +32 2
679 1811 - Fax: +32 2 675 26 03