π Tender Overview
HE Teodoro Nguema Obiang Mangue continues to implement more actions to make Equatoguinean ports and airports profitable.Precisely this Tuesday the Vice President of the Republic sat down again with the commission headed by Francisco Pascual Obama to correct the complaints of several commercial companies about the high cost of some port taxes which hindered the smooth flow of income from the ports from Malabo and Bata.To achieve this goal Nguema Obiang Mangue and the members of the commission have agreed to abolish certain taxes that economic operators had to pay to the Public Treasury.It is among others the suspension of the import authorization fees by the Ministry of Commerce and the 1 on the shitf value of the merchandise applied by the Equatorial Guinean customs.The Equatorial Guinean Government intends with this decision on the one hand to inject more oxygen into the gross domestic product exposing the attraction of the ports of Equatorial Guinea to further conquer the merchant ships. On the other hand improve the countrys port infrastructures with the purpose of removing Equatorial Guinea from the black list imposed by the International Maritime Organization. In his ambitious plan to fight corruption Nguema Obiang Mangue has denounced the illegal collections practiced by some agents in port areas. To limit this arbitrary practice the Vice President of the Council of Ministers has instructed those gathered to severely punish offenders. He has also ordered that port personnel whose work is not required in these areas be reduced.To do this he has given Transport two weeks to present the budgets for the different activities discussed at the meeting in order to prepare the ports and attract economic operators.