More details of the pre-feasibility announcement , based on the budget for 6 months , these meetings are financed for lunches and snacks only, and perhaps some stationery if they are lucky, its an extension of the talkfest, where there are no achievements.
Le premier ministre, Jean-Michel Sama Lukonde, a supervisé, ce lundi 27 mars 2023, la cérémonie de signature d’un accord-cadre pour le...
www.mediacongo.net
Prime Minister Jean-Michel Sama Lukonde oversaw, on Monday, March 27, 2023, the signing ceremony of a framework agreement for the launch of the pre-feasibility study of the special economic zone (SEZ) dedicated to the battery and electric vehicle value chain project between the Democratic Republic of Congo and Zambia, with financing from Afrexibank and support from the Economic Commission for Africa (ECA).
At the ceremony, the Congolese government was represented by its Ministers of Finance, Mines and Industry and the Zambian National Executive by its Minister of Trade and Industry. Representatives of the African Import and Export Bank (Afreximbank) and the United Nations Economic Commission for Africa were also present.
In his remarks, the Prime Minister said that this project fulfills the wishes of the Heads of State of the DRC and the Republic of Zambia to develop a regional value chain around the electric battery industry as well as a market for electric vehicles and strong energies.
For Julien Paluku, Congolese Minister of Industry, this agreement is part of the implementation of the main recommendations of the DRC-Africa business forum, held in November 2021 in Kinshasa.
According to him, this pre-feasibility study will make it possible to design an implementation plan and an operational model for the creation and operation of the transboundary SEZ, to identify the main challenges to be addressed in order to facilitate the creation and operation of the transboundary SEZ, to develop a financing plan and strategies for mobilizing funds, but also to design a strategy to promote investments dedicated to cross-border SEZs.
Note that this pre-feasibility study, which begins today, will run until next August. It is valued at 750,000 US dollars. It will be made by Integrated industrial platforms (ARISE) specialized in the development of the African industrial transition.