The development objective is to assess the potential of an industrial park in Tibar Bay to generate private sector investment investment and jobs.
Assessing the feasibility of developing an industrial park to leverage the port. Given the potential location of the industrial park in the proximity of the port, the pre-feasibility study needs to be prepared quickly to as to find potential synergies during the construction phase of the port.
The government's industrial policy is being informed by this project. This includes the findings of the market assessment and demand forecast. Moreover, the project identifies reforms required to attract private investment into Tibar Bay.