Bloomberg News

Plambec Plans 200 Million-Euro Project in Guinea Bissau

June 22, 2012

Plambeck Emirates Global Renewable Energy LLC, may invest 200 million euros ($251 million) in a 30- year fishing project in Guinea-Bissau.

The investment may create 2,000 jobs, according to a contract between the government and the Abu Dhabi-based company, handed to Bloomberg in the capital, Bissau, today.

To contact the reporter on this story: Nasreen Seria in Johannesburg at nseria@bloomberg.net

To contact the editor responsible for this story: Emily Bowers at ebowers1@bloomberg.net


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