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Article 28
The economy of the Republic of Equatorial Guinea works through four basic sectors:
a. The public sector, comprised by companies exclusively owned by the State,
constituted mainly for the exploitation of resources and services
enumerated under Article 29 of this Fundamental Law, as well as for any
other economic activities.
b. The sector of mixed economy, integrated by companies of public capital in
association with private capital.
c. The cooperative sector, which property and management belongs to the
community of people that permanently work on them. The State dictates
laws for the regulation and development of this sector;
d. The private sector, integrated by companies owned by one or more physical
or legal persons of private law and, in general, by companies that do not fall
under the sectors enumerated above.
• Ownership of natural resources
Article 29
1.
• Telecommunications
• State operation of the media
• Radio
• Telecommunications
• Television
• State operation of the media
• Right to own property
2.
The following are resources and services reserved to the public sector:
a. The minerals and hydrocarbons.
b. The services of provision of potable water and electricity.
c. The mail services, telecommunications and transportation.
d. Radio diffusion and television.
e. Others determined by the law.
The State may delegate, concede or associate with private initiative for the
development of any of the activities or services mentioned above, in the
form and cases that the law establishes.
Article 30
1.
2.
The State recognizes property of public and private character.
The right of property is guaranteed and protected without any limitations
other than those established in the law.
• Protection from expropriation
• Inalienable rights
3.
Equatorial Guinea 1991 (rev. 2012)
Property is inviolate, no person shall be deprived of his assets and rights,
except for causes of public utility and upon the corresponded
compensation.
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