Equatorial Guinea To Host Symposium On Economic Diversification
Symposium will give international investors a closer look at the country's investment opportunities
MALABO, Equatorial Guinea, Jan. 17, 2014 /PRNewswire-USNewswire/ -- Business and investment groups from around the world will come together from February 3-4, in Malabo, the capital of Equatorial Guinea, for the inaugural Symposium for Economic Diversification for the Emergence of Equatorial Guinea.
The objective of the symposium is to provide attendees a deeper look at Equatorial Guinea's investment opportunities, mainly in the agriculture and ranching, fishing, petrochemicals and mining, tourism and financial services sectors.
Since the 1990s, the country has been utilizing oil revenues to finance major projects around the country, such as in the infrastructure, education and health sectors. The government continues to work toward ensuring that the public and private sector grow and provide jobs for Equatoguineans. This symposium aims to show international investors many of the opportunities offered by the government's economic diversification and industrialization plans.
During the symposium's launch ceremony, Marcelino Owono Edu, Minister of Finance and Budgets and event leader, said that the meeting will be of great importance because it will set the course of economic and social development for the country.
The symposium will review the Horizon 2020 development plan as well as provide information about the obstacles that investors may find and the resources that will be needed to create a more attractive business climate. It will give international investors the opportunity to directly interact with the representatives of the economic sector.
About Equatorial Guinea
The Republic of Equatorial Guinea (Republica de Guinea Ecuatorial) is the only Spanish-speaking country in Africa, and one of the smallest nations on the continent. In the late-1990s, American companies helped discover the country's oil and natural gas resources, which only within the last five years began contributing to the global energy supply. Equatorial Guinea is now working to serve as a pillar of stability and security in its region of West Central Africa. The country hosted the 2011 Summit of the African Union. For more information, visit http://www.guineaecuatorialpress.com.
SOURCE Republic of Equatorial Guinea