Gabon: Olam to Invest 1.7bn in Fertiliser Plant

On December 1st, 2010, posted in: Dec 2010 News, News by

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Gabon has signed investment contracts worth over $1.7-billion with the Singapore-based multinational Olam International Limited.fertiliser plant

The money will be spent on a new fertiliser production plant in the free trade zone in Port Gentil, palm oil and rubber plantations and infrastructure projects.

The deal follows a recent trip by president Ali Bongo to Singapore, which was aimed at strengthening economic relations between the two countries.

President Bongo is striving to attract a mix of investors to boost his government’s modernisation and diversification programme.

Source: TradeInvest       Image: tradekool.com

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