Monday, February 3, 2014

Equatorial Guinea Welcomes Business Leaders From Around The World At The Symposium For Economic Diversification

Symposium will showcase investment opportunities in five key sectors

February 3, 2014 - On February 3rd and 4th, leaders from around the world will convene at the Sipopo Convention Center in Equatorial Guinea to discuss economic diversification within the country at the Symposium for Economic Diversification for the Emergence of Equatorial Guinea.

The Symposium is specifically designed to emphasize recent development in some of the nation’s top industries, including agriculture and ranching, fishing, petrochemicals and mining, tourism and financial services.

Keystakeholders, including government officials, private sector executives, financiers, entrepreneurs and industry experts, will attend the symposium, which will begin with a speech from President Obiang Nguema Mbasogo.

For the last decade, the Government of Equatorial Guinea has been working to diversify its economy by investing in the growth of its private sector. With revenue from the country’s booming petroleum sector, which saw significant growth in the 1990s, the Government financed major infrastructure projects throughout the country. These initiatives were major components in the economic diversification and industrialization plan, PEGI 2020.

This event provides the Government an opportunity to showcase its recent growth and promote international investment in order to continue the advancement of its economy and play a more competitive role in the global market.