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Guinea: Boké Bauxite Mine and Infrastructure Project

Description

The Boke Mine, Rail and Port Project, also known as the Guinea Alumina Company (GAC) is a bauxite mining and associated infrastructure project in Guinea. The project comprises of a bauxite mine development, a port terminal, an upgrade of the existing railway infrastructure, Kamsar Container Terminal (KCT) quay expansion, harbour and channel works, and development of supporting infrastructure.

The Bank’s Investment

The Bank approved a US$100 million senior loan towards the USD 1.4 billion project which will contribute to strengthening Guinea’s position as a -leading producer and exporter of bauxite while contributing to the development of core transport infrastructure. An upgrade to the rail system linking the Boké region to the Port of Kamsar will ensure the transportation of bauxite, general cargo, and passengers.

Economic and social benefits

The project will contribute to the strengthening of Guinea’s position as a world-leading producer and exporter of bauxite while contributing to the development of core transport infrastructure.
An upgrade to the rail system linking the Boké region to the Port of Kamsar will enable transportation of bauxite, general cargo, and passengers. 
The largest greenfield investment project in Guinea for four decades, the project will contribute an estimated 10 percent of gross domestic product and boost government revenue, exports and employment.