Investing in infrastructure

Roads, bridges, ports and cities. The nation building job is far from finished.

Investing in infrastructure

With the involvement and financial banking of mainly Chinese construction companies Equatorial Guinea has gone on a spree of construction projects that witnessed new roads, bridges, administration and corporate buildings and hotels. The modern urban area of Malabo II and the $600 million future capital city of Oyala, on the continental mainland, were the biggest recipients of this significant facelift. While a lot has been done, the job is far from over. The government welcomes investment in a host of areas to build new schools, health centers, shops, and service and leisure centers, complementing the country’s transition from a developing economy to a thriving consumer society with a growing middle class.

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March 30, 2015