March 16th , 2015 → 11:27 am @

posted by: equatorialguineaonline.com – March 16, 2015

The First Vice President of the Republic of Presidential Affairs, Ignacio Milam Tang, traveled to Egypt, representing the Head of State, to attend the Conference on Consolidation and Development of the Egyptian economy. During his journey, he held several meetings.

The First Vice President of the Republic of Presidential Affairs, Ignacio Milam Tang, traveled to Egypt on behalf of the President of the Republic, H.E. Obiang Nguema Mbasogo, to participate in the Conference on Consolidation and Development of the Egyptian Economy, organized under the auspices of the President of the Arab Republic of Egypt, Abdel Fattah el-Sisi, which was held between March 13 and 15 in Sharm el Sheikh, in the south of the Sinai Peninsula.

The conference is part of the action plan of the new Egyptian government towards the development of the country in the short term, to attract the attention of investors and the international community to achieve the recovery of the national economy.

Over twenty heads of state and delegations were present at the opening ceremony of the conference. The participants in the ceremony agreed to hope for an Egypt free of conflict, finally overcoming the problems the country has experienced in recent years. They all expressed their willingness to support the country in its economic, social and political recovery.

Meetings of various kinds

Also, during his stay in Egypt, Milam Tang granted separate audiences to Egyptian businessmen interested in the Republic of Equatorial Guinea.

Accompanied by the Minister of Economy, Planning and Public Investment, Conrado Okenve Ndoho, and by Eustaquio Nseng Esono, Equatorial Guinean Ambassador accredited in Cairo, among others, the Head of Presidential Affairs first received Awad Tag El Din, President of the Egyptian company ACDEMA and former Minister of Health. With him he reviewed the project of creating a drug production industry in our country.

After hearing the proposal presented by Tag El Din, the First Vice President recalled that the Government of Equatorial Guinea works on the Economic Action Plan Horizon 2020, the first phase of which has been completed, and that this new project could be framed in the second phase of industrialization in Equatorial Guinea.

Milam Tang also held a meeting with Mohammed Mohsen Salah, Chairman of the Board of Directors of Arab Contractors, an Egyptian company established in Equatorial Guinea for over a decade.

The meeting provided the opportunity to convey to the Egyptian side the condolences of the President of the Republic, H.E. Obiang Nguema Mbasogo, of the Equatorial Guinean government and people for the death of Ashraf Rateb, who was the director of this company in Malabo during the last decade and who recently passed away.

The Vice President said that the Government wants to continue working with the company and encouraged the heads of Arab Contractors to diversify their investments in other productive sectors.

Text and photos: Luis Felipe Rondo (Press office of First Vice President)
Equatorial Guinea’s Press and Information Office


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