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economy through the development of commercial, agro-food processing,
increase in the number of jobs created, increase in the value of the
production and development of services. More than one thousand five
hundred (1500) farmers have already had their plots and some have even
started developing their property.
The major challenge remains mobilization of domestic and foreign capital for
its implementation, hence the holding of the first investors conference in
September 2012 in Ouagadougou. The meeting was the occasion to present
to potential investors investment opportunities in Bagrépôle and identify
their expectations in terms of support for implementation of their economic
project. The State intends to grant facilities to investors, by offering them
special incentives, namely the adoption of an attractive fiscal and customs
system and a one-stop window for accomplishing all administrative
procedures required for undertaking economic activities in Bagrépôle.
Since the promotion of growth poles is one of the objectives of the SCADD,
after Bagre, the Government intends to create in the other regions growth
poles in relation with their local resources.
3.3. Mining companies
The mining sector is considered as one of the major pillars of our economy. It
has been booming since 2003, and constitutes today an important source of
foreign currency for the national budget. As of 31 December 2012, all mining
authorizations and permits have earned for the treasury, through taxes and
mining royalties a total amount of one hundred and eighty-nine billion five
hundred and sixty-five million two hundred and ninety-six thousand one
hundred and twenty-eight (189,565,296,128) CFA francs, with respective
share of 23%, 56% and 21% for revenues from services, taxes and custom
duties.
Given the importance of mining in the socio-economic development of the
country, the Government decided in April 2008 to initiate the accession of
Burkina Faso to the Extractive Industries Transparency Initiative (EITI) in