Madagascar is an island country, off the Southeast coast of Africa in the Indian Ocean region. It is also the fourth largest island in the world, with a population of approximately 22 million people and area coverage of 595,800 square kilometers.
Madagascar is a member of the COMESA (Common Market for Eastern and Southern Africa), Indian Ocean Region (IOC) and the Southern African Development Community (SADC). Its economic profile is summarized below: Agriculture, fisheries and forestry are the mainstay of the economy; contributing to about 29% of the GDP, 70 % of export revenue and also employing about three quarters of the labour force. Main agriculture exports include; seafood, vanilla, coffee and cloves.
The Private sector is represented by the Federation of the Madagascar Chamber of Commerce and Industry(FCCIM). Create in 1966, the Federation of Chambers of Commerce and Industry of Madagascar (FCCIM) groups, unites and animates the Chambers of Commerce and Industry (CCI) of Madagascar.
They are currently number twenty-four Chambers:
The bodies of the Federation of Chambers of Commerce and Industry are:
- The General Assembly
- The Board and Executive Management
- The Commission of Control and Budget Management
The tasks of the Federation is to represent and defend the interests of all CCI and the private sector with the Malagasy public authorities, national, regional and international organizations, is also responsible the task of organizing, coordinating activities KIC in harmony with national development objectives. Thus, having an organized structure and covering the entire island, the Federation holds an essential position in the development of the private sector in Madagascar.
Private Sector Participation
- Fédération des Chambres de Commerce et d’industrie de Madagascar (FCCIM) http://www.tana-cciaa.org/
- Chambre de Commerce d'Industries d' Artisanat et d'Agriculture d' Antananarivo www.cci.mg
- Malagasy Enterpreneurs Association
- Groupement des Enterprises de Madagascar
- Association pour la Promotion de l'Enterprises a Madagascar
- Groupement des Opérateurs des Technologies, del`Information et de laCommunication
- Groupement desExportateurs de Litchis deMadagascar
- syndicat des industries demadagascar
Other Key Agencies
Madagascar Economic Development Board www.edbm.gov.mg