Opportunities for SA business people in Kinshasa

0
222
Sa and Congolese business people during the meeting in Kinshasa. (Photo supplied.)

Tumelo waga Dibakwane

The Provincial Minister of Planning, Public Works and Infrastructure in Kinshasa, Robert Mavema is urging South African (SA) business people to take advantage of opportunities in the Democratic Republic of the Congo in the energy, infrastructure and agriculture sectors.

Mavema said this while sharing the Kinshasa province’s master plan with local business people at a breakfast session hosted by the provincial government. The session was part of the Investment and Trade Initiative (ITI) undertaken by the Department of Trade and Industry (the dti) with the Democratic Republic of the Congo.

“The sectors mentioned in our presentation clearly indicate that there is a need to heavily invest in infrastructure development which we know will lead to employment of our people, amongst other things. As it stands, the expertise held by SA companies stand them in good stead to take advantage of these infrastructure development programmes which can even be expanded to other provinces,” said Mavema.

He said the industrialisation and infrastructure development programmes presented to the SA delegation required the formation of joint-ventures with Congolese business people. He said such partnerships would go a long way towards realising the continent’s goals of African industrialisation.

Mavema pointed out that for the past decade the DRC has worked hard to put laws in place to protect foreign investors and others who want to form partnerships with Congolese business people. He said government was more than willing to spend millions of dollars to improve the infrastructure needed.

The Business Development Manager of the Gauteng-based Traction Enterprise, Gareth Smith said the breakfast session gave them an opportunity to interact and meet with the provincial ministers of energy and transport. This, he said, has paved a way for their railway projects planned for the Kinshasa Province. Smith said the company is focused on power and rail infrastructure development which would be of more benefit to the DRC as they move away from diesel locomotives to electricity-powered locomotives.