Equatorial Guinea’s development has been shaped by significant public investment - particularly during oil-rich decades - in infrastructure such as roads, ports and public buildings, which expanded produced capital and supported basic services. With the recent decline in hydrocarbon revenues, the government is prioritizing economic diversification and stronger fiscal and investment management to maintain infrastructure gains and improve productive capacity. Continued investment in energy and transport, alongside human capital development, will be central to sustaining long-term, inclusive growth.