Simandou mining summit expects 3,000 business meetings
By the AFREEQUE newsroom, based on Guinéenews
Illustrative image · Karl Gerber · Pexels · Licence PexelsThe Simandou Mining Summit, held on Kassa Island in Guinea, expects about 3,000 meetings between investors and project developers to support local mineral processing. The Simandou 2040 programme represents $200 billion in investment over 15 years, with 122 priority projects and 36 reforms, according to summit spokesperson Aminata Bangoura-Diallo.
The Simandou Mining Summit (SMS) is expected to generate about 3,000 business meetings during its first edition, which opened on Wednesday 11 November on Kassa Island, according to Aminata Bangoura-Diallo, summit spokesperson and chief of staff at Guinea’s Ministry of Mines and Geology.
The meeting is notably due to present investors with the Simandou 2040 Programme, which provides for about $200 billion in investment over 15 years, with 122 priority projects and 36 reforms organised around five pillars including agriculture, education, infrastructure, finance and health. Aminata Bangoura-Diallo explains that local mineral processing should also create opportunities for other sectors, notably through needs for electricity, logistics and qualified technicians.
The Guinea Development Agency, also known as the Guinea Development Board, is due to support investors from expressions of interest through project implementation and monitoring. Guinean companies are also being targeted, particularly in civil engineering, transport, industrial maintenance and digital services.
A session organised with the National Forum for Subcontracting in the Mining Sector (FONASEM) is scheduled for Friday 13 November. About 40 business meeting tables are expected to enable national companies to present their expertise and meet project developers directly, according to Aminata Bangoura-Diallo.
