Bloomberg News

Guinea to Set up Infrastructure Fund From Rio Mining Settlement

February 07, 2012

Feb. 7 (Bloomberg) -- Guinea will use $700 million paid by Rio Tinto Plc for a mining settlement to help set up an infrastructure investment fund, Finance Minister Kerfalla Yansane said.

“The government decided to invest this fund in health care, education and roads”, Yansane told reporters in Conakry, the capital, today.

To contact the reporter on this story: Ougna Camara in Conakry at ocamara@bloomberg.net

To contact the editor responsible for this story: Vivek Shankar at vshankar3@bloomberg.net


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