Gabon: $2 billion for infrastructures in 2010
4 January 2010
Two billion Dollars – that is how much the investments will come to which are going to be allocated to infrastructure projects in 2010. Ali Bongo made this announcement during his goodwill speech made on Gabon television.
These funds will be assigned to the sectors of health, accommodation, and education, as well as transport and energy infrastructures.
“Energy is one of the essential elements in our development, and that means it needs our constant attention”, the President stated, making reference to a number of projects such as the major dam scheme at Poubara, work on which “is going to start very shortly”.
This sum is also intended to finance renewable energy projects, and more particularly the generation of electricity based on photovoltaic solar panels, according to a government press release.
One project mentioned last week at the meeting of the Council of Ministers is going to be carried out with the aid of the Japanese International Co-operation Agency, which is going to work on this for a total of two years.<br/>