ABIDJAN, June 18 (Reuters) - Ivory Coast's GDP growth is seen at around 7% between 2024 and 2027, President Alassane Ouattara said on Tuesday.

Ouattara told a joint session of parliament that around $15 billion is expected to be invested in the country's upstream oil sector, adding that the output would reach around 200,000 barrels per day (bpd) by 2027.

The world's top cocoa producing nation is also hoping to become a major regional oil and gas producer. Last year, Italy's Eni (ENI.MI) New Tab, opens new tab said it would invest $10 billion in the development of the offshore Baleine field.

In March, the group said it had made a major discovery with preliminary assessments indicating potential resources ranging between 1 billion and 1.5 billion barrels of oil.

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https://www.reuters.com/world/africa/ivory-coasts-gdp-growth-seen-around-7-between-2024-2027-president-says-2024-06-18/