Review of privatization in the Republic of Guinea/Conakry

Part 1 consists mainly of a country profile which provides information on the host government, the political and economic environment, the business climate, financial markets, external influences on privatization, and a review of critical issues. Two brief sections summarize, respectively, the study team"s accomplishments and follow-up steps to be taken by the U.S. Government and the private sector. Data, information, and documents relating to privatization in Guinea are included in the appendices. Part 2 presents studies of three small manufacturing firms in the parastatal industrial sector which have been selected for privatization: Constructions Metalliques de Dixinn (CMD) and Societe Guineene de Fabrication (SOGUIFAB), both metal firms; and Societe Guineene de Rechappage, a rubber tire company. While identifying factors constraining privatization (a legal system in a state of flux, a decayed physical infrastructure, and a serious lack of managerial talent), the study concludes that the privatization program can be successful. A.I.D. should undertake a four-part strategy of environmental assessment, policy dialogue, information dissemination, and, beginning (at once) with the agribusiness sector, implementation support.