Guinea is looking to attract investment from Singaporean businesses. Guinea has a population of 12 million and significant potential in key sectors such as energy, agriculture, infrastructure, ICT and mining. It has a growing economy with GDP growth of 6.6% in 2016 and inflation under control. The government has taken steps to improve the business climate such as reducing the budget deficit, modernizing regulations, and establishing a one-stop shop for investors. There are several infrastructure and development projects that Guinea is seeking public-private partnerships to undertake.

1. Minister Gabriel CURTIS
Singapore, 8/28/2018
Africa Singapore Business Forum
MINISTRY IN CHARGE OF INVESTMENTS AND PUBLIC PRIVATE PARTNERSHIPS

2. Key Data
Area : 245 857 km2
Population : 12 millions
GDP : USD 8,55 BN
Growth rate 6.6% (2016), 6.7 (2017)
Inflation : 8.3% (2016)
GDP per capita : USD 790.2 (2016)
Life expectancy : 56 years
Gross debt/ GDP : 39.7% (2017)
GDP by sector (2016):
Agriculture (11,2%),
Industry (10.1%),
Services (22.9%)
Priority sectors:
1. Energy
2. Agriculture
3. Infrastructure
4. ITC
5. Mining
GUINEA’S OVERVIEW
2

3. • 12 million inhabitants
• 300 Km maritime front and 6 borders states with a combined market of 64
million consumers
• Major agricultural, fisheries, energy, ITC and mining potential
GUINEA: POTENTIAL MARKETS
- 15 member States in West Africa
- 340 millions people
- 4 member States (Guinea, Sierra Leone,
Liberia, Cote d’Ivoire)
- 40,5 millions people
Mano River Union (MRU)
Economic Community of West
African States (ECOWAS)
A Country of Potential
A Gateway to an Expanding West Africa Region
Guinea
3

4.  The budget deficit has been reduced.
 It went from -9,6% in 2010 to -0,3% in 2017
4
 The share of the public debt accounted for 39.7% of GDP in 2017
and the external debt 22.7%
 So, Guinea has a sustainable debt
GUINEA : A STABILIZED MACROECONOMIC
CONTEXT
79.9
61.3
68.8
58.1
27.2
34
35.1
42.1
42.9
39.7
0
10
20
30
40
50
60
70
80
90
2004-08 2009 2010 2011 2012 2013 2014 2015 2016 2017
Public Debt (% of GDP)
• Public Finances
-1.1
-4.9
-9.6
-0.9
-2.5
-3.9
-3.2
-6.9
-0.1
-0.3
-12
-10
-8
-6
-4
-2
0
Global budget balance, including donations ( % of GDP)

5. GUINEA: COUNTRY ATTRACTING INFLOWS OF FOREIGN DIRECT
INVESTMENT
 FDI are naturally affected by the electoral agendas (2010, 2013, 2015) and by health
crises (Ebola, 2014-2015)
 From 2016, FDI has reached a level never before known in the history of the country
4
2.1
2.2
5.6
8.8
1.6
0.7
3
18.8
15.9
0
2
4
6
8
10
12
14
16
18
20
2004-08 2009 2010 2011 2012 2013 2014 2015 2016 2017
Foreign Direct Investment, net (% GDP)

6. GUINEA : A GROWING ECONOMY
 Two programs “Extended Credit Facility” concluded (2016, 2017) and
one in progress
 Inflation under control: inflation has been falling since 2010
 A strong economic recovery after 2015 (end of Ebola)
25
4.7
15.5
21.4
15.2
11.9
9.7
8.2
8.2
8.9
3.7
-1.5
4.2
5.6 5.9
3.9
3.7
3.5
6.6 6.7
-2
-1
0
1
2
3
4
5
6
7
8
0
5
10
15
20
25
30
2004-08 2009 2010 2011 2012 2013 2014 2015 2016 2017
Inflation Croissance du PIB Réel en %

7. GUINEA: REASSURING BUSINESS CLIMATE
7
Favorable Investment Code Easy to register a
company
Modern legal and regulatory
framework
Guarantees for international investors:
- Freedom to acquire property, rights,
concessions
- Freedom to own up to 100% of a company’s
shares
- Freedom to transfer abroad profits after taxes,
dividends etc.
- Protection against any measures of
nationalization and expropriation of their
businesses except for reasons of public utility
after a prior fair compensation
One-stop Shop for investors at APIP
- Business registration in 72 hours or less
- Business formalities and deconcentrated
services available (Employment Office,
Customs, Social Security, Housing, Tax
Office, Mines, etc.) in one place
- Strengthened independent legal system
- Modernized regulatory texts for different sectors:
Mining, Energy, Petroleum, Information
Technology and Communication ;
- Public-Private Partnerships (PPPs): Build Operate
Transfer, Public Procurement, PPP Law;
- Economic and Social Development National Plan
(2016-2020), which highlights the role of private
sector and economic transformation.
Tax and Customs incentives for
new investments:
- Exemption on imports of tools, raw materials
or inputs for up to 10 years
- Tax holidays or lower tax rates for up to 10
years
Private Investment Promotion
Agency (APIP)
- One-stop Shop for business registration
- Investment Promotion and Investment
aftercare
- Business support
- Improve the investment climate
www.apip.gov.gn – www.invest.gov.gn
Results of reforms
Doing Business ranking : Guinea has risen 10 places and ranks 153 out of 190 countries
The World Bank Group's Investment Competitiveness Forum has awarded Guinea one of the five most reforming
countries for attracting FDI in 2017

8. BUSINESS OPPORTUNITIES: WATER POTENTIAL
/AGRICULTURE
Guinea has 6.2 million hectares of land, less than 25%
of which is cultivated each year.
8
- 1,161 rivers, 23 watersheds including 14 international
- 188 billion m3 of surface water potential water

9. BUSINESS OPPORTUNITIES : INFRASTRUCTURE
/MINING
9
Bauxite, 40
billion tons
Iron ore, 20
billion tons
Gold, 700 tons Diamond, 30 million
carats

10. BUSINESS OPPORTUNITIES: SOME PROJECTS
10
No Projects Type Cost (Million
USD)
1 Construction of 5000 Social Housing in Kansoyah PPP 302
2 Construction and equipment of the National Palace
of Youth
PPP
89
3 Boké Special Economic Zone PPP
351
4 Rehabilitation of Hydraulic Power Station (Garafiri,
Grandes Chutes, Donkéa and Baneya)
PPP
95
5 4th
Conakry Water Project Phase 1 PPP
280
6 3200 ha development along the Sankarani River PPP
36
 Guinea is looking for partners to carry out the projects below
 Each project has a feasibility study

11. THANK YOU FOR YOUR ATTENTION
MINISTERY IN CHARGE OF INVESTMENTS AND PUBLIC PRIVATE
PARTNERSHIPS
Contact Info :
(+224) 656 31 11 14
info@invest.gov.gn
Bâtiment SNG, Corniche Nord, BP 5221, Conakry, République de Guinée