To what extent can Gabon engage in import substitution for foodstuffs and agricultural products?
Agriculture
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Articles & Analysis | Cashing in: Rubber and palm oil projects should help stimulate the sector from The Report: Gabon 2012
Increased public and private investment is needed to revitalise Gabon’s agriculture sector and increase its contribution to GDP beyond the current level of 3.8%. Gabon’s rich natural environment, conducive to many agricultural products, has already drawn the attention of international investors.
Articles & Analysis | A cut above: Efforts are under way to maximise the value of timber processing from The Report: Gabon 2012
With almost 14m ha of exploitable rainforest, 400 species of wood and one of the lowest levels of deforestation in the world, tropical rainforests are some of Gabon’s most abundant and promising resources. The forestry industry has traditionally been focused on raw timber exports, with over 60% of production going directly to markets in Europe and...
Plans to boost high-tech farming initiatives and enter into agribusiness deals with neighbours bode well for Brunei Darussalam’s long-term food security ambitions. However, challenges such as limited land and human resources will prove hard to overcome.
Chapter | Agriculture & Forestry from The Report: Gabon 2012
Stimulating investment in agriculture is considered a crucial part of diversifying Gabon’s economy and reducing dependency on food imports. The government is currently supporting a two-track investment programme that will encourage agro-industrial projects to increase the sector’s contribution to GDP and support small-scale farmers to boost production for local markets. Gabon has great potential...
Since 1953, when oil was first discovered near Port-Gentil, Gabon’s economy has been dominated by the petroleum industry. According to the BP “Statistical Review of World Energy 2012”, Gabon is the sixth-largest crude oil producer in sub-Saharan Africa and has the region’s fourth-largest proven reserves.