• Short Summary

    Representatives of the main foreign backers of the trans-Gabon railway project met President Bongo at a meeting in Libreville on Thursday (17 June).

  • Description

    1.
    GV INT Gabonese President Bongo addresses visiting Ministers (2 shots)
    0.10

    2.
    SV Ministers listen (4 shots)
    0.27

    3.
    SV President continues speech
    0.30

    4.
    SV Ministers listen
    0.40

    5.
    SV President shakes hands with visiting Ministers and leaves building (2 shots)
    0.56



    Initials BB/2256 MF/AS/BB/2307



    Script is copyright Reuters Limited. All rights reserved

    Background: Representatives of the main foreign backers of the trans-Gabon railway project met President Bongo at a meeting in Libreville on Thursday (17 June). He told them he hoped work could begin next year. The financing of the railway, which would provide a long overdue link for the country's iron and timber industries with the sea at Owendo, ran into difficulty earlier this year when the World Bank refused to confirm its offer of aid unless the Gabonese government imposed stricter terms on French forestry companies, which stand to benefit most from the railway.

    In addition to the World Bank, France and West Germany have also agreed to contribute towards the railway, which will run from Mekombo in the north-east to Owendo.

    SYNOPSIS: In Gabon last Thursday, President Bongo held a meeting with the main foreign backers of the trans-Gabon railway project. The World Bank, France and Germany have so far offered contributions towards the cost of the railway, which is estimated at 250 million dollars. President Bongo told the backers that he hoped work on the project would begin next year. The financing of the work ran into difficulty earlier this year when the World Band refused to confirm its offer of aid unless the Gabonese government imposed stricter terms on the French companies, which stand to benefit most from the railway. The Band wants the companies to pay higher royalties to Gabonese government.

    The railway will link the rich timber forests in the centre of the country round Bouee, and the iron ore deposits at Mekombo in the north-east with the sea at Owendo.

  • Tags

  • Data

    Film ID:
    VLVAD40BSEIC53ZOEO6ESOH80XON3
    Media URN:
    VLVAD40BSEIC53ZOEO6ESOH80XON3
    Group:
    Reuters - Source to be Verified
    Archive:
    Reuters
    Issue Date:
    19/06/1971
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Black & White
    Duration:
    00:00:57:00
    Time in/Out:
    /
    Canister:
    N/A

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