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Progress demands entrepreneurial diversity

Article - August 5, 2014
Successful economic diversification will be achieved through discipline, transparency, equity, citizenship and planning.
Steadfast persistence and an unwavering belief in the training of the nation’s human capital, along with promoting domestic private enterprise and facilitating foreign investment, are vital for the balanced, progressive and sustainable socioeconomic
“There is a real need to transfer knowledge and technology to the local workforce”

Melchor Esono Edjo, President of the Board of GVI Holding
 development of Equatorial Guinea, affirms the head of one of the nation’s leading private sector groups. Melchor Esono Edjo is President of the Board of GVI Holding, a multifaceted Equatoguinean enterprise that has expanded beyond energy and construction to identify opportunities in agriculture, maritime and port services, hospitality and tourism.

“Diversification is the key to success,” says Mr. Esono Edjo. “Equatorial Guinea needs to work hand in hand with foreign companies from all sectors, who by operating here have a responsibility that goes further than only developing the sector in which they are involved: there is a real need to transfer knowledge and technology to the local workforce.” He advises companies “economic projections should be consistent with the requirements of cultural evolution, and not by comparative speculation,” and that enhanced land and sea transportation will best leverage the country’s potential regionally and across the continent.