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FAQS 4
How did the inauguration of a president affect international investment in Guinea?
The return of political stability and the inauguration of a democratically elected president in 2010 facilitated an era of international investment in Guinea. New mining projects, a port expansion, hotel construction, and other infrastructure projects attracted new capital and boosted demand for goods and services across multiple sectors.
Why should you invest in a hydroelectric project in Guinea?
Investment opportunities in hydroelectric projects are growing, as Guinea’s abundant rainfall and numerous rivers have the potential to generate enough electricity to power Guinea, and potentially its surrounding neighbors. Guinean consumers generally prefer goods and services from the United States and Europe.
What can a company do in Guinea?
There is great potential for companies which could contribute to Guinea’s infrastructure development, including railroads, ports, and roads. Due to Guinea’s favorable climate and geography, there is also considerable potential for growth in its agricultural and fishing sectors.
Which transition government projects will drive economic growth in Guinea?
In the long term, the transition government projects that Guinea’s greatest potential economic driver will be the Simandou iron ore project, which is slated to be the largest greenfield project ever developed in Africa. The Simandou projects envisions major infrastructure development notably a 600km railway and a deep-water port.
