AVZ Discussion 2022
- Thread starter GazDix
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Bin59
Regular
August 23, 2024 logistafrica
The Deputy Prime Minister, Minister of Transport, Communication Routes and Opening Up, Jean-Pierre Bemba, accompanied by the Ministers of Infrastructure, Alexis Gisaro, and of Portfolio, Jean-Lucien Busa, as well as representatives of the Ministers of Finance, Planning and Justice, chaired an important meeting this morning in the large Council of Ministers room at the government hotel. The meeting focused on the development and revival of the Lobito Corridor railway with a significant delegation from the U.S. government’s Partnership for Global Infrastructure and Investment (PGI). The U.S. Government presented to the Congolese government the strategic importance of reviving and developing the Lobito Corridor and working together on related and other projects in the Democratic Republic of Congo.
Accompanied by the U.S. Ambassador to Kinshasa, Lucy Tamlyn, the Acting Special Coordinator for the Partnership for Global Infrastructure and Investment (PGI) stated that on behalf of the U.S. Government and President Joe Biden, her delegation is in the Democratic Republic of Congo to work towards the development of the Lobito Corridor.
Present at this meeting of capital and strategic importance, the Coordinator of the Support and Monitoring Unit for Transport Corridor Programs and Activities, Roger Te-Biasu, indicated that the Congolese Government, at the proposal of the U.S. Government, is called upon to present a project for which the United States, through PGI, will mobilize financial resources.
As a semi-landlocked country, the DRC is called upon to multiply exit routes for the export of the various minerals it produces. The Lobito Corridor, inherited from Belgian, Portuguese and English colonization, is a railway including 3 countries, namely; Zambia, Angola and the Democratic Republic of Congo. In Zambia and Angola, the USA has made much progress in the work to revive this Corridor and now it’s the DRC’s turn, revealed Mr. Roger Te-Biasu.
On the Lobito Corridor, “the flagship project on the Congolese Government side remains the SNCC railway, whose section is 427 kilometers from Kolwezi to Dilolo, on the border with Angola. And this railway is not yet operational. It requires investment in rails, in locomotives, for it to be operational, to be easily connected to the one being done on the Angolan side. And so it’s up to the government to make the decision. Is it a public-private partnership? Is it a concession? Is it an equity participation?”
CELLCOM/ VPM-MTVCD
“And so, they asked the government to propose one, two, three, four flagship projects on which, together, they can study to see what extent the U.S. government can mobilize funding and propose partnerships to carry out these projects within the framework of the development of the Lobito corridor.”
So Manono is obviously one of the projects being proposed by the DRC Government for investment by the US - sounds like we’ll be making a deal
Does seem odd doesn't it.
Presumably the Chinese would have the transport corridors stitched up (or would be working on it), now that they 'have' Manono.
That's what I thought too, until you look at ownership.
Ownership: Ivanhoe Mines 39.6%
Zijin Mining 39.6% | Crystal River 0.8% | DRC Government 20%
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Nearly a month since DRC lodged their counter. Be nice to get some more backing from the ICSID to aid any negotiations that may be taking place. Nice to know the whole shit-show is now getting some high level coverage but where is the Australian ambassador during all these deliberations FFS!
Frank
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