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Gabon

The original report was published in the USA Today on Thursday, February 17, 2011
         

CGC ensures trade fluidity that is safe, fast and guaranteed

The Conseil Gabonais des Chargeurs (CGC), or Gabonese Loader Council, supervises the nation’s trade and freight sector to guarantee secure goods transportation
A new entrepreneurial spirit is pervading the nation’s business sectors, unleashing a wealth of opportunities for any enterprise looking to invest in Gabon. The country is now more than ever predisposed to welcome all types of investments, with the President creating a liberal business environment and throwing open Gabon’s trading doors to the global business community. As such, international exports and imports are both on the rise.

Optimizing the commercial flow is the raison d’être of the Conseil Gabonais des Chargeurs (CGC), a regulating entity that takes care of supervising all the players in the trade and freight sectors. Its main partners are OPRAG and GPM, since 90% of the trade is done via Gabon’s maritime ports, but it also interacts with aviation, rail and road companies to support the remaining 10% need for transportation.

The CGC works with major transportation companies, such as Maersk and CMA CGM, as well as with the government. Its activities act as reliable indicators for the Gabonese economy. Indeed, while gathering extended economic data on the country’s exports and imports, the organization transfers reliable, up-to-date and decisive data in real time to the government and shipping companies, providing statistics and figures that help them to anticipate and manage trade traffic.

As regulators, the CGC targets trade fluidity throughout the country and makes sure the transportation chain is safe, fast and guaranteed.


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LOCATION: 
Western Africa, bordering the Atlantic Ocean at the Equator, between Republic of the Congo and Equatorial Guinea

CAPITAL:
Libreville
   
AREA - comparative: 

slightly smaller than Colorado

DISPUTES - international:

UN urges Equatorial Guinea and Gabon to resolve the sovereignty dispute over Gabon-occupied Mbane Island and lesser islands and to establish a maritime boundary in hydrocarbon-rich Corisco Bay

GDP - composition by sector:

agriculture: 5.2%
industry: 53.7%
services: 41.1% (2010 est.)

AGRICULTURE - products: 

cocoa, coffee, sugar, palm oil, rubber; cattle; okoume (a tropical softwood); fish

INDUSTRIES: 

petroleum extraction and refining; manganese, gold; chemicals, ship repair, food and beverages, textiles, lumbering and plywood, cement

EXPORTS:

$9.371 billion (2010 est.)
country comparison to the world: 91
$5.941 billion (2009 est.)

EXPORTS - commodities: 

crude oil 70%, timber, manganese, uranium

EXPORTS - partners:
US 24.4%, China 13.6%, France 6.3%, Malaysia 5.9%, Spain 5.8%, Germany 5.3%, Trinidad and Tobago 4.8%, South Korea 4% (2009)

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