Gabon secures new 130 million euros port construction

President Ali Ondimba in Gabon inaugurated a new harbour at the outskirts of Libreville port. The cost of the construction of the harbour is expected to be more than 130 million euros.

The new port includes an ore terminal used for manganese, of which the country is the world’s 2nd largest producer, and a versatile terminal for the storage and transit of aggregates (sand, gravel, wood processing products, etc…).

In total, the GSEZ, Gabon Special Economic Zone, was said to have invested about 450 million euros for the construction of the ore port and a commercial port (containers and cargo) which should be functional from 2017.

Besides, Bongo diversified economic partners of Gabon and took measures to remove the country from its dependence on oil resources that make up its wealth. Sectors such as construction, forestry and mining, have attracted investors, including Asians.

The news is collated by ChinaRubberFender.com – Marine Fender Supplier