President Teodoro Obiang Nguema Mbasogo of Equatorial Guinea and President Brice Clotaire Oligui Nguema of Gabon, along with government officials from both countries, attended the inauguration ceremony for the first phase of the Equatorial Guinea-Gabon Border Power Interconnection Project on Feb 22. The project is being constructed by POWERCHINA.
The project transmits clean electricity from the Djibloho Hydropower Plant to border towns in Gabon and has been dubbed the "Power Corridor" by local communities.
The project ensures a stable power supply for border residents, significantly improving their quality of life. It also provides strong energy support for Equatorial Guinea's efforts to reduce dependence on oil and diversify its economy.
