Faced with a fish import bill estimated at 520 billion FCFA in 2024, Ivory Coast is studying targeted tax exemptions to revive its aquaculture. Recently brought together, public and private players in the sector initiated discussions on the elimination of certain taxes applied to aquaculture inputs and equipment. The thinking goes beyond simple tax relief. The Ministry of Animal and Fisheries Resources (MIRAH), with the support of the Japan International Cooperation Agency (JICA), has launched a consultation on the exemption from VAT, customs duties and entry taxes applicable to aquaculture inputs and equipment. The objective is to reduce production costs which are slowing down the growth of aquaculture in Côte d'Ivoire.According to the technical advisor in charge of aquaculture at MIRAH, Kaba Ibrahima, this approach aims to create a more favorable environment for investment and local production. 0);">The economic stakes are considerable. During the workshop, MIRAH indicated that Côte d'Ivoire had imported 732,954 tonnes of fish in 2024 for an estimated value of 520 billion FCFA. These figures reflect the insufficiency of national supply in the face of constantly increasing demand.For the authorities, the development of aquaculture constitutes one of the main levers for increasing local production, improving food security and reducing foreign currency outflows linked to imports of fishery products. For several years, professionals in the sector have been denouncing the high cost of fish feed, fry, broodstock, veterinary products and specialized equipment. A significant part of these inputs is imported, which increases the costs of operators due to taxes and duties applied when entering the territory. Workshop participants were tasked with identifying products eligible for exemptions and proposing a transparent implementation and monitoring mechanism. A roadmap for the adoption of the necessary texts is also awaited.

This initiative is part of a broader partnership between MIRAH and JICA, engaged for several months to strengthen the competitiveness of the Ivorian aquaculture sector and attract more private investment.