Creating a business-friendly environment

The Madagascar Economic Development Board (EDBM) is a key investment promotion agency central to driving the country’s economic recovery. It operates in an environment designed to address and overcome the challenges and opportunities of revitalizing Madagascar’s economy.

The Madagascar Economic Development Board (EDBM) aims to foster a business-friendly environment by facilitating projects and promoting investment opportunities. To achieve its goals, EDBM plans to introduce new reforms and has begun recruiting a consultant with expertise in reform implementation.

The consultant will be tasked with identifying necessary reforms and mobilizing the technical and financial resources required for the action plan. They will also coordinate meetings and discussions to ensure that business climate reforms are cohesive and inclusive of all stakeholders, both public and private.

The Director of Reforms and Private Sector Development has detailed the new Public-Private Dialogue (PPD) mechanism, noting its positive impacts since 2022. Additionally, Adriannie Tamoha, Director of Investor Services, and Mialy Rakotoelison, Coordinator of the single counter, have highlighted the various facilitation services EDBM provides to international investors.