By Amin Kef (Ranger)
Pavi Fort Al-Associates Group Ltd has signed a $100 million Memorandum of Understanding (MOU) with the Government of São Tomé and Príncipe to embark on three major infrastructure projects: road construction, hospital development and real estate initiatives.
The agreement, finalized on September 19, 2024, outlines the construction of a 40-kilometer highway, a state-of-the-art hospital and an expansive investment zone near the São Tomé airport. Pavi Fort, an African infrastructure powerhouse, has already established its presence in six African countries: Guinea, The Gambia, Liberia, Nigeria, Sierra Leone and now São Tomé and Príncipe.
Highway Construction: Pavifort will collaborate with Afreximbank and other financial institutions to construct a 40-kilometer highway, with 18 kilometers located in the northern region and 22 kilometers in the south. This development is crucial to improving national connectivity and supporting economic growth.
Hospital Development: A new hospital, designed to cater to both local residents and tourists, will be built at an estimated cost of $35 million. Pavifort has already secured $17 million in funding from the Kuwait Fund, with the remaining costs covered by the company. In addition to the main hospital, seven health centers will be constructed across the nation.
Investment Zone: The construction of a 700-hectare investment zone near the airport will offer real estate opportunities for foreigners seeking citizenship through land purchases. This zone will feature conference centers, entertainment venues and sporting facilities, as well as a medical clinic. The second phase of the project is expected to expand the area to over 1,000 hectares.
An official, speaking on behalf of the Government of Sao Tome and Príncipe, said that the signing ceremony is for an MOU focused on Infrastructure Development. He mentioned that one of the key development goals for Sao Tome is the advancement of infrastructure furthering how the Honorable Prime Minister had talked about the importance of medical tourism facilities as well as general infrastructure. The MOU, he added, is the result of discussions that started the previous day and the aim, he said, is to promote the development of medical facilities that will support medical tourism, along with improving general infrastructure, such as access roads and linkages to these medical facilities.
The official pointed out that the event is being led by the Honorable Minister for Infrastructure on behalf of the Government and the People of Sao Tome. He then invited attendees to proceed to the signature page to begin the first round of signatures.
On his part, Alimu Sanu Barrie, Chairman and CEO of Pavi Fort, expressed gratitude to the Government of São Tomé and Príncipe for entrusting his company with such critical projects. He emphasized Pavifort’s commitment to delivering high-quality work while ensuring local employment opportunities and knowledge transfer. Over 600 direct jobs have already been created, with additional positions expected as the project progresses.
In addition to the economic benefits, Alimu Sanu Barrie highlighted the company’s efforts to address community concerns, particularly those related to compensating residents affected by the construction projects. A settlement plan has been developed in consultation with local parliamentarians to ensure fair compensation.
Pavi Fort’s expansion into São Tomé and Príncipe is part of its larger strategy to cement its presence in Africa. With operations in Guinea, Gambia, Liberia, Nigeria, Sierra Leone and now São Tomé, the company has demonstrated its capability in delivering large-scale infrastructure projects that foster economic development.
The company’s reputation for excellence is well-established, with notable projects such as the construction of the Tikonko-Kpetema Mattru Jong Road in Sierra Leone, which spans 38.1 kilometers and is financed by the Arab Bank for Economic Development in Africa (BADEA). The project has created a significant economic impact in Sierra Leone, improving the transportation of agricultural goods and boosting local industries.
Pavi Fort’s entry into São Tomé and Príncipe signals a promising future for the island nation’s infrastructure development. The company’s track record of delivering high-standard, timely projects, combined with its dedication to local job creation and community engagement, positions it as a key player in São Tomé’s growth.
As Pavi Fort continues to expand its footprint across Africa, it remains committed to upholding the highest standards of health, safety and environmental practices. The company’s latest venture in São Tomé is expected to play a pivotal role in the nation’s economic and social transformation.
