Guinea emulates Gulf resource model

Guinea is working to transform its mineral resources, especially iron ore and bauxite, into a driving force for a diversified economy that supports comprehensive development, rather than relying solely on raw material exports. Through the "Seyndou 2040" plan, the country aims to use mineral revenues to fund the development of infrastructure, education, health, and agriculture, with a focus on building an economic corridor that includes a railway and a deep-sea port. Guinea is drawing on the experiences of Gulf countries in investing its oil resources to turn them into successful development models, with projected investments reaching up to $200 billion over 15 years.

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