Monday, June 11, 2018

Equatorial Guinea Prime Minister Calls for Reduction of Poverty Through Infrastructure Investment

The Prime Minister of Government of the Republic of Equatorial Guinea, Francisco Pascual Obama Asue, called for the reduction of poverty and development through key infrastructure investment at the Macao Investment and Construction Forum.

Equatorial Guinea stressed the role of infrastructure investment for economic benefits, including the reduction in poverty and increase in economic growth to provide more opportunities.

Equatorial Guinea also highlighted the importance of the scientific and technological revolution for the development of industry.

Equatorial Guinea has made great strides over the years in line with the country’s National Development Plan, Horizon 2020.

Equatorial Guinea has enhanced the infrastructure partnerships between the public and private sectors, increased participation in the development and implementation of infrastructure projects, and created roles for multilateral development banks to invest in certain objectives.

The sustainable development of infrastructure is in line with Equatorial Guinea’s Horizon 2020 development program goals. Equatorial Guinea is focused on the training and empowerment of the private sector in mining, fisheries, tourism, agriculture, telecommunications, health, and financial services.

The Forum was held under the banner New Growth Engines for the Improvement of Infrastructure and Greater Connectivity.