Road improvements 'among $4.5bn deals in Gabon'

16 August 2010

Roads will be improved and living standards enhanced for the people of Gabon, it has emerged.

In a statement from the country's government, President Ali Bongo revealed the nation has signed deals worth $4.5 billion (£2.89 billion).

Infrastructure will be revamped, which will cover a range of sectors and the plans may enable the country to develop its economy and provide jobs for many citizens.

Some 1,000km of roads will be upgraded and there will also be a scheme to build thousands of houses.

Timber and palm oil processing will be developed in Gabon, which is known for its role in the oil industry.

Companies from Singapore and India are said to be involved with the infrastructure deals, although the details of these firms have not yet been revealed.

The west-African country gained independence from France in 1960 and the current President is the son of former leader Omar Bongo.

Category: General