Guinea-Bissau seeks 427 million euros from international donors

24 March 2015

During a round table meeting with donors to be held in Brussels, Belgium, Guinea-Bissau hopes to secure funding of 427 million euros for priority projects for the development of the country.

The meeting is promoted by the new Guinea-Bissau government elected in 2014.

Prime Minister Domingos Simões Pereira and the President of the Republic José Mario Vaz will be present in Brussels to present the 2015-2020 operational plan.

International organisations and countries that will take part in the meeting will receive a detailed list of 208 projects that make up the first wave of the plan with an estimated cost of 732 million euros. Of this total there are 100 projects worth 427 million euros that have yet to be funded and Guinea-Bissau will try to secure funding from the partners at the meeting.

This first wave includes projects related to defence, justice and national reconciliation, roads and access to energy amongst others. (macauhub/GW)