GSEZ Mineral Port and Meridiam are thrilled to announce they entered strategic partnership that will help to achieve the port expansion plans in the region.
Upon the completion of the transaction, Meridiam will hold 25% stake of GSEZ, which reflects the strong believe in the region's potential and growth plans.
GSEZ Mineral Port is a modern, harbor for all industrials wishing to export or import their production to and from Gabon.
The 45 hectare facility earned on sea has multi modal capabilities, connecting via road, railway sidings and berths, barges. It includes a 1,5 kilometers railway line, a wharf of 170 linear meters and a 20 000 sqm2 storage yards. GSEZ's state of the art handling equipment and rail infrastructure offer competitive prices and a large number of services associated with bulk cargo imports and exports.
GSEZ mineral port strongly contributed to the import and export increase and its development is a key step in the diversification of the Gabonese economy away from oil. It aims to take advantage of other natural resources by providing ultra-modern infrastructure for the growing mining industry.
By investing in this port, Meridiam continues to deploy its Fund in Africa and adds to its portfolio a cost effective and high grade asset while providing expertise from its proven successes in similar ventures. Meridiam's interest in GSEZ Mineral Port confirms the interest of foreign investors in infrastructure and logistics, comforting AFC’s initial major investment in Gabon Special Economic Zone in 2016.
GSEZ, a leading economic player in the national and regional industrial landscape, has been developing a new generation of large scale infrastructure projects since 2010 and is a solid joint venture between Olam International, The Republic of Gabon and Africa Finance Corporation.
In 7 years, GSEZ successfully developed 5 large-scale infrastructure projects in Gabon:
GSEZ has also become the developer of choice for infrastructure projects in Africa. www.gsez.com