POTENTIAL FOREIGN DIRECT INVESTMENT MARKET IN GABON

Abstract

The article is devoted to the study and presentation of the potential of foreign direct investment in Gabon. Foreign direct investment (FDI) is an international capital movement created to create, develop or support a foreign subsidiary, as well as to exercise control over the management of a foreign enterprise. Foreign direct investment (FDI) is the driving element of multinationalization of companies, the creation of subsidiaries abroad or other financial relations. Reducing investment costs (exploitation of expensive natural resources, even impossible for transportation, using cheaper labor, optimizing taxation) and conquering new markets that are difficult to cover only through exports, are the main reasons for foreign direct investment. Foreign direct investment has risen sharply since the mid-1980s (more than 10.6%) and is one of the main factors contributing to the globalization of the economy. Thus, Gabon remains a potential foreign direct investment market due to the wealth and diversity of its economy. This diversity of the Gabonese economy groups all sectors of economic activity, such as transport, services, tourism, construction, telecommunications, oil and gas, and others. Today, we can say that in Gabon all the conditions for a vision of business and a favorable investment climate are created.