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Guinea - Boke Bauxite Extension Project (Inglês)

To increase annual production and shipment of bauxite from the originally planned level of 6.6 million tons to 9.2 million tons, of which the shareholders of Halco have already contracted for 9.0 million tons, requires expanding the capacity both of the infrastructure, which is the Government's responsibility, and of the mining operation, the responsibility of CBG. The expansion of the OFAB infrastructure involves the provision of a waiting basin in the port and further dredging, the lengthening of railway passing loops, heavier rails, and extensions to the Kamsar townsite and hospital. The total cost of these works will amount to US$12.9 million equivalent, of which the Boke - UNDP Technical Assistance loan of US$9.0 million will cover the foreign exchange component. The estimated local costs of $3.9 million can be met from the original USAID loan, under which adequate uncommitted funds remain available.


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    Guinea - Boke Bauxite Extension Project

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    central government budget;real per capita income;net foreign exchange;public investment program;foreign exchange position;lack of equipment;durable consumer good;foreign debt service;result of change;balance of payment;cost materials;interest during construction;infrastructure project finance;event of default;allocation of proceeds;electrical distribution system;import of goods;construction and operation;per capita gnp;restrictions on trade;inflow of capital;Mining;money supply;contractual arrangement;mining operation;Rural Sector;price level;current expenditure;expanded mine;agricultural production;money creation;variation order;net export;aluminum company;long-term contract;existing contract;loan account;base price;aid disbursement;capital aid;prime contractor;local costs;market price;public saving;pension payment;gross exports;trade balance;counterpart fund;producer price;tax rate;mooring dolphin;net deficit;real growth;local condition;railroad equipment;manufacturing industry;Population Growth;skilled labor;grace period;interest cost;professional service;civil works;financial obligation;Contractual obligations;construction schedule;political status;net holding;weighted average;inflationary pressure;retail trade;supplier credit;mining companies;monetary area;mining company;manufacturing enterprise;bilateral aid;consulting engineer;infrastructure component;mining concession;basic infrastructure;mining facility;sale contract;process plant;heavy rail;financial account;parallel market;annual production;civil engineering;public finance;raw material;stabilization effort;managerial skill;tax effort;financial situation;long-term loan;mineral export;concessional term;import capacity;foreign indebtedness;substantial inflow;legal counsel;exchange earnings;capital stock;public resource;Economic Policy;constant price;extension work;financial rate;profit tax;import duty;payroll tax;initial debt;government income;cash term;financing plan;Financing plans;agreed price;debt coverage;loan financing;



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