In recent years, the practical cooperation between China and Canada in various fields has been deepened and solid, and achieved fruitful results. From deeply cultivating traditional industries to participating in the construction of Gabon's special economic zone, Chinese companies and investors have left a Chinese mark that benefits people's livelihood, bringing unmissable opportunities in China, and winning unanimous praise from all walks of life in Gabon.

Boosting Gabon's Special Economic Zone

In the production workshop of a wood processing factory in the suburbs of Libreville, the capital of Canada, amidst the roar of the machines, sawdust thrown by the chainsaw was flying in the sultry air. Despite the sweat-soaked overalls sticking to his back, the 25-year-old Omada is still meticulously polishing the boards on the operating table.

We get along very well with our Chinese colleagues. Although we don't understand the language, we can understand through simple gestures. I learned the current work skills here. When I first came here, I didn't know anything. The Chinese masters took me to get started. Omada said.

The wood processing factory where Omada is located is located in the Enkauk Special Economic Zone. Relying on a number of preferential tax policies, more than 20 Chinese-funded enterprises have invested and established businesses here, and built a number of wood processing plants and water plants, creating a large number of job opportunities and boosting local economic development.

In recent years, in addition to the traditional wood processing industry, Chinese investors have also begun to participate in emerging industries such as recycling. This coincides with Gabon's economic diversification development strategy. Enkaine, director of the Encock Special Economic Zone Management Committee, said a few days ago.

In recent years, Chinese enterprises have actively participated in the construction of special economic zones and industrial parks in Gabon, and are constantly exploring new areas and new paths for economic and trade cooperation. Canada-China cooperation has gone through nearly 50 years, and the Encock Special Economic Zone is the witness and epitome of Canada-China cooperation. Nkene said.

Promote win-win cooperation between the two countries

China's investment in Gabon is very effective and is appreciated by the Gabonese people. Mbadinga, Minister of Investment Promotion of Gabon, said a few days ago.

The economies of China and Gabon are highly complementary, and China has been Gabon's largest trading partner for nine consecutive years. In 2022, the trade volume between China and Canada will reach US$4.55 billion, a year-on-year increase of more than 50%. In recent years, the practical cooperation between China and Canada in various fields has been deepened and solid, and achieved fruitful results. Chinese companies and Chinese investment have left Chinese imprints that benefit people's livelihood in every corner of Gabon.

The Port Gentil-Umbue Coastal Road in Gabon, undertaken by a Chinese enterprise, ended the history that Port Gentil could only rely on sea and air transportation to communicate with the outside world. The Grand Bubaha Hydropower Station with an installed capacity of 160,000 kilowatts has been completed and put into operation for nearly 10 years, providing a steady stream of electricity for Gabon's economic development and industrialization process.

In Gabon, many important infrastructure projects are inseparable from China's support. The Gabonese government and people welcome fraternal countries and enterprises that are willing to cooperate with Gabon for win-win results. Mbadinga said.

Boosting Gabon's Diversified Development

The Chinese economy has shown resilience during the COVID-19 pandemic and withstood the test. The stability and development of China's economy is crucial to all countries in the world, including Gabon. Mboma, director of the Gabon Investment Promotion Agency, said.

A ship is berthing at the ore wharf in Caofeidian Port Area, Tangshan Port

Mboma said that China has maintained the status of Gabon's largest export market for many years, and the stability and development of China's economy are closely related to Gabon's economic growth. As China optimizes and adjusts its epidemic prevention and control measures, the trade between Canada and China will continue to heat up.

Mbadinga said frankly that compared with online communication such as video conferencing, economic and trade exchanges require face-to-face encounters. He said that Gabon welcomes Chinese enterprises and investors to visit Gabon for inspection, investment and long-term development. The drive for diversity.

China is our largest economic partner... Gabon has great potential for Chinese investors, and Gabon also cherishes the new opportunities brought by Chinese investors. Mbadinga said.Editor/Ma Xue