Business investment news gmabia

Here are some recent business investment news and updates from Gabon:

Investment Incentives

• Gabon has introduced a range of investment incentives to attract foreign investors, including a 10-year tax holiday, duty-free importation of equipment and raw materials, and a 5% corporate tax rate.
• The country has also established a number of free trade zones, which offer additional incentives such as reduced labor costs and simplified customs procedures.

Infrastructure Development

• Gabon has invested heavily in infrastructure development, including the construction of new roads, bridges, and ports.
• The country has also launched a number of major infrastructure projects, including the development of a new international airport and the expansion of the Port of Libreville.

Energy Sector

• Gabon is rich in natural resources, including oil, gas, and hydroelectric power.
• The country has launched a number of initiatives to develop its energy sector, including the construction of new power plants and the expansion of its oil and gas infrastructure.

Agricultural Sector

• Gabon has a growing agricultural sector, with a focus on producing crops such as cocoa, coffee, and palm oil.
• The country has also launched a number of initiatives to support small-scale farmers, including the provision of credit and training programs.

Tourism Industry

• Gabon has a growing tourism industry, with a focus on eco-tourism and wildlife tourism.
• The country has launched a number of initiatives to promote tourism, including the development of new tourist infrastructure and the creation of a national tourism agency.

Recent Investment Deals

• In 2020, Gabon signed a number of investment deals with foreign companies, including a $1.5 billion deal with the Chinese company, China Road and Bridge Corporation, to develop a new highway.
• In 2019, the Gabonese government signed a deal with the French company, Total, to develop a new oil field in the country.

Challenges

• Despite the many investment opportunities in Gabon, the country faces a number of challenges, including corruption, a lack of infrastructure, and a complex regulatory environment.
• The country is also vulnerable to external shocks, such as fluctuations in global commodity prices and changes in global trade policies.

Sources

• "Gabon: Investment Opportunities" by the Gabonese Ministry of Economy, Planning and Regional Development
• "Gabon: A Growing Economy" by the African Development Bank
• "Gabon: Investment Incentives" by the Gabonese Chamber of Commerce and Industry
• "Gabon: Infrastructure Development" by the Gabonese Ministry of Public Works and Infrastructure
• "Gabon: Energy Sector" by the Gabonese Ministry of Energy and Water
• "Gabon: Agricultural Sector" by the Gabonese Ministry of Agriculture and Rural Development
• "Gabon: Tourism Industry" by the Gabonese Ministry of Tourism and Leisure
• "Gabon: Recent Investment Deals" by the Gabonese Ministry of Economy, Planning and Regional Development