Ouagadougou: The laying of the first stone of the semi-mechanized gold production factory, scheduled for July 4, is a project awaited by subscribers. It will generate an annual profit of around 7 billion FCFA for an overall investment budget of between 2.5 and 3 billion, indicated the director general of the Agency for the Promotion of Community Entrepreneurship (APEC), Karim. Traore.
‘This is an annual profit generated figure to be shared of around 7 billion for an overall investment budget between 2.5 and 3 billion FCFA,’ declared the Director General (DG) of APEC, Karim Traoré, Monday, during the 8 pm news on Burkina national television.
For Mr. Traoré, the semi-mechanized gold production plant ‘is a project awaited by subscribers’, hoping that the launch of this project will further galvanize subscribers to community entrepreneurship through popular shareholding. Because, ‘subscribers are left with the brakes in hand by putting in the minimum possible’.
On July 4, 2024, the Head of State, Captain Ibrah
im Traoré, will lay the first stone of the semi-mechanized gold production factory in Gaoua, in the South-West region.
According to the DG of APEC, this is a semi-mechanized gold production project established over an area of ????100 hectares, with a processing capacity of 100 tonnes per day, including ‘our own drilling mining but also the recovery of waste from neighboring sites which do not have our technology’.
In his opinion, this factory will create 150 direct jobs by already retraining the workers who are on the site with additional training, and nearly 300 indirect jobs for the region.
Since its launch on June 12, 2023, by the Head of State Captain Ibrahim Traoré, community entrepreneurship through popular shareholding has been able to mobilize, as of July 1, 2024, nearly 17 billion FCFA. Around 270 thousand people have already subscribed to this program.
The CEO invited ‘those who are still hesitant’ to hurry and embark on this promising project, which remains open until the end of the year. After
this period, the first phase of the program will be closed.
Source: Burkina Information Agency