Businesspeople from Portugal and the United States evaluate investments in Guinea-Bissau

Portuguese businesspeople plan to invest in the agricultural sector in Guinea-Bissau, said Thursday in Bissau the head of the Portuguese delegation at the end of an audience granted by the President José Mario Vaz.

Antonio Tavares said that this is a set of distinct projects that are likely to contribute to the development of agriculture with a view to establishing the country’s food self-sufficiency.

Of these projects, Tavares mentioned one focused on rice production, involving production, husking, blanching and sale, in addition to technical support to be provided to local producers.

Also on Thursday, the president of the US company “T Control Incorporated,” Jimmy Riggs, announced its intention to invest in Guinea-Bissau in tourism and in coal mining.

Riggs announced a forthcoming meeting between technicians from his company and the Institute of the Biosphere and Protected Areas (IBAP) of Guinea-Bissau to assess the environmental impact that another coal mining project is likely to have. (macauhub/GW/PT)