Signing of agreements between Government and financial institutions

On Saturday 5th May, a signing ceremony took place for agreements between the Government of Equatorial Guinea and financial institutions interested in accompanying our country in the new Horizonte 2035 development plan.

These are agreements for the the construction project for a new passenger terminal at Bata Airport at a cost of 112,474 million Franco CFA, which will be financed by the The Central African States Development Bank and the Government of Equatorial Guinea.

Another of the projects is the creation of an agropastoral complex in Bata by the multi-services company Angue Constacts S.A., costing 5,935 million Franco CFA and financed by the entity, the BGFI BANK and the BDEAC; the construction project for a school complex in Bata by the firm TECNOLONEAS S. A., for an overall cost of 4,434 million Franco CFA, financed by: TECNOLINEAS S.A, BGFIBANK and BDEAC.

Finally, the last agreement to be signed in the presence of the Head of State and Government, H. E. Obiang Nguema Mbasogo, and those at the conference, was the project to extend an adhesive cement factory in Bata, which will be carried out by the company BINT0 S.A.

The cost of this project is 3,538 million Franco CFA, and will be financed by BINTO S.A., SGBGE and BDEAC.

Source: Equatorial Guinea Press and Information Office

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