The government of Suriname said in a statement on Saturday that it has begun the process of luring possible investors to build bauxite projects in the country’s west, specifically in the Bakhuis area.
The primary source of aluminum in the world is bauxite.
The expanding global population and the need for climate adaption will drive up aluminum demand in the upcoming decades, despite several failed attempts since the 1970s to establish bauxite mines in Suriname, according to the statement.
It said that these actions will increase the Bakhuis area’s appeal. The government “is working to improve access to the area, create opportunities for vocational training and education there, and improve maritime accessibility,” according to the statement.
The government stated that socioeconomic prospects will arise in west Suriname as a result of the region’s development, stressing that maintaining the nation’s green reputation and involving local populations are of utmost importance to investors.
