The diversification of the economy through its industrialisation under the Emerging Gabon Strategic Plan (Plan Strategique Gabon Emergent, PSGE) is taking shape with the support of strategic investors in agro-industry, construction materials, forestry and petrochemicals. The secondary sector – including manufacturing and the processing of the...
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Articles & Analysis | Investment in value-added production drives growth in Gabon's industrial sector from The Report: Gabon 2015
Economic update | Papua New Guinea flies high
17 Aug 2015
The aviation sector in Papua New Guinea is set for a major shake up, with government plans to privatise a stake in the national flag carrier later this year.
Chapter | Industry & Mining from The Report: Gabon 2015
With 5% growth in the secondary sector in 2014, Gabon’s industrialisation continues apace under the Emerging Gabon plan, supported by investors in agro-industry, construction materials, forestry and petrochemicals. Special economic zones are being developed to process raw commodities into products with higher value added, fed partly by new projects in the mining sector.
This chapter...
An upper-middle-income country situated on the Gulf of Guinea, Gabon is one of Africa’s leading oil producers. With a population of around 1.7m and a stable political system, it plays a leading role in the region through its membership in the CEMAC economic bloc.
Lower government revenues following the downturn in global hydrocarbons prices have prompted Trinidad and Tobago to re-evaluate its spending priorities and intensify its efforts to diversify the largely energy-driven economy. Thanks to the country’s strong fundamentals, 2015 is expected to be a recovery year, with the Caribbean Development Bank forecasting expansion of 1.7%, after GDP growth of less than 1% in 2014.
Although an important part of T&T’s economy, the manufacturing sector’s performance has been disappointing in recent years. According to the T&T Manufacturers’ Association, the value of manufacturing output declined at an average annual rate of 4.3% from 2010 to 2014. In its “Review of the Economy 2014”, the government noted that economic activity in manufacturing fell by 5.8% in 2012...