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Identify and track all the ongoing (work-in-progress) overhead cable projects, tenders, and contract awards. Our extensive database and user-friendly interface make it easy for you to find the right business opportunity in Gabon.
Gabon Overhead Cable Industry Analysis
Gabon, a country in Central Africa, has a relatively small electricity market, with a total installed capacity of around 1,000 MW. Despite having significant oil and gas reserves, Gabon has been promoting renewable energy and energy efficiency in recent years, with a goal to generate 50% of its electricity from renewable sources by 2025.
The Overhead Lines/cables construction projects industry in Gabon is expected to grow in the coming years, with the government investing in the expansion and upgrading of its electricity infrastructure. One major project is the Grand Poubara hydroelectric dam, which is expected to add 160 MW of electricity to the grid upon completion.
Other major drivers of the industry include the increasing demand for electricity due to population growth and economic development, as well as the need to improve the reliability and quality of the country's electricity supply.
The industry outlook for Gabon is positive, with the government prioritizing the development of its electricity infrastructure and promoting renewable energy sources. However, there are also challenges to be addressed, such as limited financing for large-scale projects and the need to improve the regulatory environment for private sector participation in the industry.
Local companies such as Soci?t? d'Electricit? du Gabon (SEEG) and Gabon Power Company (GPC) are expected to play a significant role in the development of the Overhead Lines/cables construction projects industry in Gabon. Additionally, international companies with expertise in the field, such as EDF and Engie, may also be involved in future projects.
Overall, the Overhead Lines/cables construction projects industry in Gabon has significant potential for growth in the coming years, as the country works towards improving its electricity infrastructure and promoting renewable energy sources.
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