Emirates Global Aluminium PJSC’s (EGA) wholly-owned subsidiary Guinea Aluminium Corporation awarded a major contract to a domestic construction firm as it continues to fulfill the promises made to enhance the Guinean economy.
GAC awarded the US$34-million mining contract to Guinéenne de Prestation et de Construction, which the firm estimates to be among the biggest contracts ever awarded to a Guinean mining contractor. The 16-month contract will require the firm to boost its workforce by over 80 percent to a total of 300 employees.
Abdulnasser Bin Kalban, Chief Executive Officer of EGA, elaborated upon the importance of the contract in a related press release.
“This is an important contract award to a Guinean company, which will directly grow our contribution to the Guinean economy as well as building local capability in the mining supply chain. Driving sustainable economic growth is one way we fulfil our purpose of innovating aluminium to make modern life possible.”
Kaba Amadou, President and Chief Executive Officer of Guinéenne de Prestation et de Construction, expressed confidence in his firm’s ability to rise to the new challenge.
“I thank GAC for their trust in us as we expand our business into contract mining. Our commitment is to deliver tonnes to GAC safely, efficiently, and on specification. Mining is an important sector in our economy. It is imperative that we grow businesses in the mining supply chain if we are to capture the full benefits of this sector for the Guinean people.”
Guinéenne de Prestation et de Construction has contracted with GAC since last year, providing civil engineering services to date. This is Guinéenne de Prestation et de Construction’s first foray into the field of mining services. The agreement will have Guinéenne de Prestation et de Construction mining and crushing bauxite ore and delivering it to GAC’s railhead.
With this new contract, about 2,600 individuals are at work at GAC, which is among the biggest greenfield investment in Guinea over the past four decades.