Simandou in Guinea, containing the largest untapped iron ore deposits, is set for a major revival after years of political instability. With a staggering $20 billion investment plan, the project aims to create over 60,000 jobs and enhance educational funding for millions. The ambitious infrastructure, including a 650km railway and three seaports, seeks to rival Australia's iron ore production. Authorities believe this project could reshape Guinea's economy and usher in a new era marked by prosperity and growth.
Simandou is projected to transform Guinea's economy with a $20bn investment, creating 60,000 jobs and potentially restructuring the global iron ore market.
Authorities tout the Simandou project as the answer to poverty, claiming it will finance education for millions in a nation where two-thirds live on less than $2 a day.
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