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Malaysian Companies Urged To Invest In Guinea's Education Sector
Security and Civil Protection Minister Elhadj Madifing Diane said the investments are pivotal towards developing Guinea's human capital as well as raising the overall quality of life of its citizens.
"Education is fundamental and much more preferred than wealth in countries such as Guinea," he told reporters on the sidelines of the country's ePassport launch recently.
He said Guinea, also known as Guinea Conakry Republic, is aware of Malaysia's progress in areas such as banking and telecommunications and felt that collaborations with it are important for the development of the country's socio economic well-being.
Elhadj expressed satisfaction with the performance of Malaysian companies such as IRIS Corp Bhd which produced Guinea's ePassport and cited it as a great start to many more such collaborations in the future.
"IRIS Corp Bhd is a great model to highlight how Malaysian companies are well accepted here, as it worked hard to deliver and ensure the success of projects," he said.
Iris Corp Bhd, the inventor of the world's first ePassport and multi-application smart card, has inked a RM793.21 million contract with the government of Guinea.
Elhadj said Guinea would protect its investors at any cost and the country was stable despite minor political unrest among its neighbours.
"Guinea is an unexploited country with an abundance of resources, and cradles two-third of the riches in West Africa with fertile land," he added.
Malaysian companies are also being encouraged to invest in Guinea's many other sectors that offer a lot of opportunities with good investment incentives.
news coverage in our Newswire service.
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