Suriname's government has launched a process to attract potential investors to develop bauxite projects in the so-called Bakhuis region in the west of the country, the government said in a statement on Saturday.
Bauxite is the world's main source of aluminum.
Despite repeated failed attempts to develop bauxite projects in Suriname since the 1970s, the growing world population and the need to adapt to climate change will increase the demand for aluminum in the coming decades, the statement said.
The government "is working to improve access to the area, create opportunities for vocational training and education there, and improve maritime accessibility," it said, adding that these steps will make the Bakhuis area more attractive than before.
Developing the area will create socio-economic opportunities for West Suriname, the government said, adding that the priority is for investors to participate in the local community, as well as for the country to maintain its green image.
