India - Gabon Business and Cultural Council

Gabon is a Central African country with rich biodiversity, known for its rainforests and wildlife. Its capital is Libreville. It has significant oil reserves, and French is the official language. Gabon is renowned for its national parks and conservation efforts.

Ambassador and Consul General

India - gabon Business and Cultural Council

Global India Business Forum presented honorary membership to CDA Mrs. Josephine Patricia NTYAM-EHYA,First Counsellor/ Charge d Affaires a.i. Embassy of Gabon in India. The GIBF team had a fruitful discussion with Mrs. Josephine to collaborate and explore different business opportunities and trade between the two countries. Founder and Global President of GIBF, Dr. Jitendra Joshi and Co-Founder and Secretary General, Deepali Gadkari attended the meeting.

Petroleum products, manganese, uranium and timber.

Machinery, construction materials, cereals and other foodstuffs.

About Gabon

Gabon is one of the most prosperous countries in Sub-Saharan Africa. It is blessed with abundant natural resources like petroleum, natural gas, diamond, niobium, manganese, uranium, gold, timber, high quality iron ore and hydropower. It is one of the world's largest producers of manganese. It is also known for mining diamonds and gold. Oil makes up for 43% of the gross domestic product (GDP), and 81% of exports. It is one of the most politically and economically stable countries in the continent. Gabon is known for the Oklo reactor zones, the only known natural nuclear fission reactor on Earth which was active two billion years ago.

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Business Opportunities in Gabon

The special economic zone, Nkok SEZ with diverse industries, is one of the most appealing locations for doing business in West Central Africa. Formed through a partnership between Olam International Ltd. (Singapore), Gabon and Africa Finance Corporation, Nkok SEZ gave opportunities to lot of entrepreneurs. Around 80 companies, both domestic and international, are established in Nkok SEZ. Significant investment has been seen in timber, metallurgy, recycling, civil engineering and construction, pharmaceutical and cosmetics, IT & telecommunications, hydrocarbon, finance, and tertiary services. Some of the significant tax benefits and incentives to industrial investors include zero percent tax on land properties, zero percent tax on income for the first 10 years and 10 percent for the next five years. It also allows 100 percent repatriation of funds, 100 percent exemption from income tax, corporate tax and capital gains tax, 100 percent foreign ownership etc. Electricity is given for subsidised rates to SEZ-based industries. International investors do not have to pay custom duty on import of plant and machinery or spare parts for industries.

Exports and Imports In Gabon

In 2022, Gabon was the number 113 economy in the world in terms of GDP (current US$), the number 112 in total exports, the number 158 in total imports, the number 83 economy in terms of GDP per capita (current US$) and the number 112 most complex economy according to the Economic Complexity Index (ECI) .

Top Exports of Gabon

The top exports of Gabon are Crude Petroleum ($4.88B), Manganese Ore ($1.83B), Sawn Wood ($351M), Veneer Sheets ($273M), and Refined Petroleum ($163M), exporting mostly to China ($3.4B), South Korea ($617M), Italy ($576M), India ($527M), and Indonesia ($394M).

Top Imports of Gabon

The top imports of Gabon are Poultry Meat ($99.6M), Excavation Machinery ($62.7M), Packaged Medicaments ($58.2M), Cars ($57.6M), and Delivery Trucks ($50.7M), importing mostly from China ($583M), France ($555M), United Arab Emirates ($144M), United States ($131M), and Belgium ($96.7M).

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