Equatorial Guinea authorises refurbishment of the Oyala prefabrication plant
By the AFREEQUE newsroom, based on Ahora EG
Vice-President Teodoro Nguema Obiang Mangue on Monday authorised the first phase of the refurbishment of the Oyala prefabrication plant, intended to supply materials for the new administrative capital. A second, management phase will be renegotiated with the GICI group, according to Ahora EG.
The Equatorial Guinean government on Monday 9 November approved the first phase of the refurbishment of the Oyala prefabrication plant, at a meeting chaired by Vice-President Nguema Obiang Mangue at the People’s Palace in Malabo. The Prime Minister and the officials in charge of Public Works, Finance, the Treasury, Electricity and Mines took part, according to Ahora EG.
The supervision company TEAM presented a report on the bids received and the work needed. The vice-president authorised the repair of the precast concrete facilities, the areas for making blocks, tiles and balusters, as well as the crusher and the quarry. A laboratory to check the quality of materials will also be brought into service. The executive aims to boost national production of construction materials, reduce transport costs and guarantee supplies for projects in the new administrative capital.
For the second phase, covering the management and operation of the plant, Nguema Obiang Mangue instructed the Prime Minister and the ministries concerned to renegotiate with the GICI group the economic terms of its bid, in order to secure an agreement more favourable to the State. Once the contract is signed, the government plans to launch, from 2027, the construction of the first 60 buildings of the Ciudad de la Paz, the City of Peace.
This decision adds to the development and infrastructure projects examined by the government on 30 October.
