She celebrated her National Day at Expo 2020 Dubai
Expo.. Gabon.. Land of opportunity with great potential
The Gabon pavilion received about 80,000 visitors, including companies and businessmen. Photo: Naguib Mohamed
Gabon offers access to a market of more than 145 million consumers.
From the source
Carmen Andau: "An Emirati company will start its investments in Gabon, in the bags and packaging materials sector, during 2022."
The National Day of Gabon included many events that attracted the attention of visitors to "Expo 2020 Dubai" from the source
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The Republic of Gabon celebrated its National Day at Al Wasl Square yesterday, which included many events that attracted the attention of visitors to Expo 2020 Dubai, at a time when participants in the Gabon Business Conference said that Gabon is the land of opportunities with enormous potential.
investment sectors
Gabon's Minister of Investment Promotion, Carmen Andau, said that Gabon has very good relations with the UAE, and for this reason it is present to participate in the "Expo 2020 Dubai" activities, noting that this important event is an opportunity to deepen these relations, and to promote the investment opportunities that Gabon provides to companies and businessmen. From the UAE, and from all the countries participating in the exhibition.
Andao added to "Emirates Today", during her participation in the activities of the National Day of Gabon, that her country is looking forward to further strengthening relations at the economic level, and reviewing the important sectors in the investment fields, pointing out that Gabon offers many advantages and facilities that qualify it to attract more investments. which will form an important part of its development process.
And she continued, "As is the slogan of (Expo 2020 Dubai), which focuses on sustainability, the work environment in Gabon also revolves around sustainability and environmental protection, to build its national economy and present its future vision on the projects it targets."
Andao pointed to several economic sectors and opportunities being discussed, including manufactured manufacturing.
She said: "We have development plans open to all sectors, and during our participation in the exhibition, we focus on promoting mainly five investment sectors, including renewable energy, agriculture, mining, and ecotourism, as well as forests and wood industry, and projects that respect environmental standards."
Andao revealed that the volume of foreign investments in Gabon amounted to more than two billion dollars during 2019, with plans to increase the flow of foreign investments in the coming period, noting that the first Emirati company to start its investments in Gabon will be in the sector of manufacturing bags and packaging materials during the next year.
80 thousand visitors
Andao stated that Gabon imports cars and manufactured materials from the UAE, and aims to raise the volume of trade exchange between the two countries to build a sustainable economy that provides feasible opportunities for companies and capital.
She confirmed that during the Expo 2020 Dubai, Gabon will invite investors to invest in Gabon and explore investment opportunities, noting that the Gabon pavilion received about 80,000 visitors, part of whom were companies and businessmen who expressed their interest in investment opportunities.
business conference
In addition, participants in the Gabon business conference, entitled “Investing in Gabon for a sustainable economy,” said that Gabon is a land of opportunities with huge potential, noting that the policy of diversifying the economy is a tangible reality in Gabon.
The Director General of the National Agency for the Promotion of Investments in Gabon, Ghislane Mandza Mboma, said that Gabon is constantly working on developing the best environments that attract foreign investments, including infrastructure and logistics services, pointing to plans and efforts to attract capital and encourage more companies to start their investments.
Conference participants stated that Gabon offers access to a regional market of more than 145 million consumers (the Economic Community of Central African States), and implements a real strategy to attract investments.
The participants talked about the Gabon Special Economic Zone, which aims to develop infrastructure, enhance industrial competitiveness, and build a business-friendly ecosystem in Gabon, noting that the region is home to more than 141 investors from 18 countries.
They stressed that the Gabon Special Economic Zone is rapidly emerging as a manufacturing hub in West Central Africa, noting that Gabon is a destination for travelers and adventure seekers in safaris, wildlife and beach adventure sports.
Gabon..gold, iron and oil
Gabon is, according to the website of the Gabon Special Economic Zone, the fourth largest manganese producer in the world, and its reserves include two billion tons of iron ore and more than 40 tons of gold. It is also the fifth largest oil producer in Africa, and exports more than 90% of its crude oil. Its recoverable reserves are about 3.7 billion barrels.
• Gabon is promoting 5 investment sectors at Expo 2020 Dubai.