Chad Seeks $30 Billion to Drive Ambitious Economic Transformation Under “Chad Connection 2030”

Chad has launched an international investment drive for its new National Development Plan, unveiling nearly 300 projects aimed at reshaping the country’s economic and social landscape. The initiative, known as “Chad Connection 2030,” is valued at US$30 billion and was presented at a high-level roundtable in Abu Dhabi from November 10–11.

President Mahamat Idriss Déby Itno opened the forum, which drew investors from 70 countries.

Addressing participants, he described Chad as a strategic opportunity rather than a risk. He urged partners to join what he called a mutually beneficial effort to modernize, diversify, and expand the national economy.

Déby highlighted the country’s untapped potential, noting that Chad remains a “virgin market” for digital financial services and other emerging sectors.

The development plan comprises 268 projects grouped into 17 programs and is designed to spur large-scale transformation over the next five years.

According to the Ministry of Finance, successful implementation could raise Chad’s long-term GDP by 60 percent and lift 2.5 million people out of poverty.

Day one of the roundtable centers on five thematic panels covering natural resources, industrialization, infrastructure development, human capital, and new technologies, areas the government views as the main engines of future growth.

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