Suriname was ranked the 124th safest investment destination in the world in the March 2011 Euromoney Country Risk rankings.
The backbone of the economy of Suriname is the export of aluminium oxide (alumina) and small amounts of aluminium produced from bauxite mined in the country. In 1999, the aluminium smelter at Paranam was closed and mining at Onverdacht ceased; however, alumina exports accounted for 72% of Suriname's estimated export earnings of US$496.6 million in 2001. Suriname's bauxite deposits have been among the world's richest.
Inexpensive power costs are Suriname's big advantage in the energy-intensive alumina and aluminium business. In the 1960s, the "Aluminum Company of America" (Alcoa) built a US$150-million dam for the production of hydroelectric energy at Afobaka (the Brokopondo Reservoir south of Brokopondo), which created a 1,560 km² lake, one of the largest artificial lakes in the world.
In 1976-1977 a 100 km long single track railway was constructed by Morrison-Knudsen Co. in West Suriname from the bauxite containing Bakhuis Mountains to the town of Apoera on the Corantijn river, to transport bauxite by river to processing plants elsewhere. The construction of this railway was financially funded by the Dutch government's independence/severance payments after November 25, 1975. After completion of this railway and associated facilities, for political and economical reasons it was never actually used and was left to be overgrown by the jungle. Also plans to construct a dam in the Kabalebo River were developed but never fully executed.
Suriname, officially the Republic of Suriname (Dutch: Republiek Suriname, Dutch pronunciation: [ˌrepyˈblik ˌsyriˈnaːmə]), is a country in northern South America. It borders French Guiana to the east, Guyana to the west, Brazil to the south, and the Atlantic Ocean to the north. Suriname was first colonized by the British, and captured by the Dutch in 1667, who governed it as the colony of Suriname until 1954. The country of Suriname achieved independence from the Kingdom of the Netherlands, in which Suriname, the Netherlands Antilles, and the Netherlands itself cooperated on a basis of equality since 1954, on 25 November 1975.
At just under 165,000 km2 (64,000 sq mi) Suriname is the smallest sovereign state in South America (French Guiana comprises less territory, but is French territory). It has an estimated population of approximately 560,000, most of whom live on the country's north coast, where the capital Paramaribo is located.
The name Suriname may derive from a Taino (Arawak-speaking) group called "Surinen" who first inhabited the region prior to European arrival.
Dr. Myles Munroe (born (1954-04-20)April 20, 1954) is the president and founder of the Bahamas Faith Ministries International (BFMI)and Myles Munroe International (MMI), a Christian growth and resource center that includes leadership training institutes, a missions agency, a publishing company, a television network, radio and Web communications, and a church community. He is chief executive officer and chairman of the board of the International Third World Leaders Association and president of the International Leadership Training Institute. He is the author of 23 books and is a motivational speaker.
Myles Munroe was born in Nassau, Bahamas in 1954 and has been a lifetime resident of the Bahamas. He has degrees in fine arts, education and theology from Oral Roberts University (1978), a Master’s degree in administration from the University of Tulsa (1980), and he has been awarded a number of honorary doctoral degrees. He has also served as an adjunct professor of the Graduate School of Theology at Oral Roberts University. His wife, Ruth Munroe is copastor with him at BFMI. He has a son Chairo (Myles Jr.) and daughter Charisa and says that his family is his greatest responsibility and his marriage his most sacred trust.
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Suriname on its way to a Wireless Green Economy
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