President of Guinea-Bissau says the country is safe and open to private investment

23 April 2015

Guinea-Bissau is “safe and open to private investment” with “real and diverse” opportunities that should be made use of, said Wednesday in Bissau President José Mario Vaz.

The Guinean head of state spoke at the opening of a conference of the Community of Portuguese-speaking Countries (CPLP), taking place in Bissau until Thursday, co-organised by the Business Confederation of the CPLP and the Chamber of Commerce, Industry, Agriculture and Services (CCIAS) of Guinea-Bissau.

“This is precisely the right time to invest in Guinea-Bissau, which as well as being a sensible choice offers very real and diverse opportunities,” noted the Guinean President, cited by Portuguese news agency Lusa.

The president of the business confederation of the Community of Portuguese Speaking Countries (CE-CPLP), Mozambique’s Salimo Abdula, in Bissau said this was “a new moment” in the life of Guinea-Bissau.

“We are witnessing the start of a new moment in the life of this country, laying the foundations for more evident growth, that is more sustainable and mainly based on the development of the economy,” Abdula said.

The president of the CE-CPLP also said that CPLP entrepreneurs are likely to invest in the four “main drivers of growth” presented by the government of Guinea-Bissau, particularly agriculture and agro-industry, fisheries, tourism and mining. (macauhub/GW)