EG officials land in China for historic forum

DALIAN, CHINA — Top officials of the Government of Equatorial Guinea have arrived in China for an official state visit to be followed by an historic economic forum in Dalian. The Equatorial Guinea-Asia Economic Forum, to be held on April 30 at the Shangri-La Hotel in Dalian, China, will take place on the back of a two-day state visit to Beijing by H.E. President Teodoro Obiang Nguema Mbasogo and will highlight a history of strong cooperation between the two countries.


President Obiang will present the keynote address to an audience of Asian government officials and business executives. Also delivering presentations at the forum are Equatorial Guinea ministers from top cabinet positions, including H.E. Agapito Mba Mokuy, Minister of Foreign Affairs and Cooperation; H.E. Miguel Engonga Obiang Eyang, Minister of Finance and Budgets; H.E. Gabriel Mbaga Obiang Lima, Minister of Mines, Industry and Energy; H.E. Juan Nko Mbula, Minister of Public Works and Infrastructures, H.E. Francisco Mba Olo Bahamonde, Minister of Agriculture and Forestry and H.E. Eucario Bakale Angüe, Minister of Economy, Planning and Public Investments.


The objective of the Equatorial Guinea-Asia Economic Forum will be to connect Equatorial Guinea’s leadership with Asia’s investment community, attract foreign direct investment and promote various sectors of the economy. Equatorial Guinea, the third largest oil and gas producer in Sub-Saharan Africa, has been striving to diversify its economy and increase industrialization. President Obiang’s state visit to Beijing and the forum in the northeastern port city of Dalian sends a resounding message of Equatorial Guinea’s intentions to forge even stronger economic ties with Asia’s economies. The Government of Equatorial Guinea expects to announce major investment agreements with Chinese companies during the visit in Dalian.


Minister of Mines, Industry and Energy Gabriel Mbaga Obiang Lima said: “This event presents a historic opportunity to strengthen economic cooperation with our Asian partners. Equatorial Guinea has shown an extraordinary commitment to diversify its economy with significant industrialization plans. We expect to announce significant investment agreements that will generate new wealth for decades to come.”


The forum is being organized by the Government of Equatorial Guinea, in conjunction with the Government of Dalian. A gala dinner, hosted by the Government of Equatorial Guinea, will take place on April 29 at the Shangri-La Hotel, to be followed by the forum on April 30. The event is sponsored by the China Dalian International Economic & Technical Cooperation Group; Sinohydro; China National Offshore Oil Corporation; China State Construction Engineering Corporation; Anda China Corporation; and China Machinery Engineering Corporation.