Almost 50 percent of capital expenditures in Equatorial Guinea are dedicated to infrastructure. Construction is the largest economic sector outside of oil and gas. Because of the huge government investment in public projects, with the assistance of foreign investors and construction companies, the country now has the best and most modern infrastructure in the region.
More than 1,000 projects are currently underway or have been completed, and these serve to promote growth across the economy and meet the aims of Horizon 2020. Equatorial Guinea is well linked to its neighbors and its Asian partners through an excellent road network, five modern airports and five large ports. The recently inaugurated Djibloho dam provides power and water for all. Continuing Equatorial Guinea’s infrastructure expansion will require further cooperation with foreign investors.
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March 30, 2015