Doumbouya invites investors to Simandou 2040
Guinea's president promises a transformed nation and stable investment rules by 2040.
President Mamadi Doumbouya called on international investors at the Simandou Mining Summit to seize opportunities within the Simandou 2040 program. He aims to make Guinea an attractive investment destination with stable rules, secure investments, and respected commitments. Doumbouya assured investors they would find a different Guinea in 15 years, with a focus on empowering the young population.
The president emphasized a vision of co-construction and national development, regretting the country's current state since independence in 1958. He urged investors to trust Guinea, stating the nation welcomes everyone and respects rules and promises. The Simandou 2040 project is intended to be a global driver for economic and social transformation, using natural resources for sustainable development.
Minister of Public Administration Modernization, Faya François Bourouno, also expressed the government's expectations for commitments from the international gathering. Former Minister Zenab Dramé, recently cleared by the CRIEF, attended the summit and supported the Simandou 2040 vision, hoping for training and jobs for young Guineans and opportunities for local businesses in construction, transport, and logistics.
Why it mattersInvestors and local businesses are offered opportunities for partnerships and contracts within Guinea's Simandou 2040 development program.