SMB Winning Consortium – More than $ 3 billion paid for 3rd compensation

On November 26th, the SMB-Winning Consortium signed three agreements with the Guinean government, one of which concerns the construction of the road. This 135-kilometer long railway is a major infrastructure project for Guinea, which will link the Santou (Telimele) deposits to the Dapilon terminal.

As part of its CSR and community relations policy, the Consortium paid a third compensation component on Friday, May 31, for a total of 3,244,151,375 Guinean francs in the Dapilon district of Kolaboui. The operation concerned communities in villages between PK5 and PK10. These include Danaya, Kolonkountétô, Tafougué, and Kamikolo Foulataye in the districts of Diassya, Léfouréboui and Satènèya, a rural commune (CR) of Kolaboui in Boke Prefecture.

For Sékou Mouctar Fofana, in charge of the organization of communities (COC) presiding over the ceremony: “The efficient and transparent organization of compensation payments by the Consortium guarantees social peace in the region. Moreover, it is an opportunity for people who have received these funds to invest in profitable projects over the long term. ”

“The objective of the Consortium is to provide support to communities who wish to invest these large sums in agricultural and entrepreneurial projects,” says Djiba Kéita, inventory team leader of the SMB-Winning Consortium. It is our role to put ourselves at the disposal of the communities to support them in new future projects, notably by benefiting from the services of the Consortium in the region. ”

Ansoumane Zito Coumbassa, Mayor of the rural commune of Kolaboui, agrees: “Compensations must be a tool for local development. Communities, local authorities must take advantage of the Consortium’s support to put in place inclusive and sustainable projects “.

According to a beneficiary, Hawa Bangoura, living in Danaya: “The amount of compensation allows us to comfortably live our families for a time, but we must manage our money well in the long term so that it is not wasted.”