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Although many expect oil production to gradually decline in the coming years, this sector provides some opportunities and the government continues to look for investors. Opportunities exist in exploration, production, and related services.
Minerals are Gabon’s second biggest export. To date only one company produces and exports manganese (Compagnie Minière de l’Ogooue, COMILOG), but other firms have obtained prospecting/exploration licenses for iron, copper, diamonds, and other minerals.
In 2006, the government signed an initial agreement with a Chinese company for the development of the Belinga iron ore deposit in northeastern Gabon. The project includes extensive related infrastructure projects (roads, hydroelectric dam, railway, deep water port). The entire project is valued at USD $3.6 billion. There may be further opportunities for mining in the area surrounding the Belinga deposit.
Equipment for the mining sector also provides opportunities. US equipment, such as cranes, draglines, trucks, and tractors, have sold well.
Opportunities may exist with the recently-privatized telecommunications company (Gabon Telecom) and national air line (Gabon Airlines), although in both instances privatization has encountered significant obstacles.

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