Guinea-Bissau requests over US$2 billion from cooperation partners

13 March 2015

Guinea-Bissau will ask for over US$2 billion from its cooperation partners at a round table meeting on 25 June in Brussels, Belgium, the country’s Prime Minister said Thursday in Bissau.

Domingos Simões Pereira told Members of the Guinean parliament the amounts ​ the country will request from partners under the current government’s development strategy, which has an estimated cost of US$2.25 billion.

The Prime Minister also said that this strategy requires about US$450 million over the next three years for “basic projects” and about US$1.8 billion to implement “large projects” by 2020.

Simões Pereira, who will lead the government team at the round table in Brussels, is leaving Friday for Senegal and will travel on Saturday to Angola, where he will invite the presidents of those countries to attend the Brussels meeting.

With regard to Angola, the Prime Minister of Guinea-Bissau said it may be possible to resume projects in the areas of defence and security, as well as bauxite exploration in Guinea-Bissau at deposits in the eastern Boé region. (macauhub/AO/GW)