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Deal #6066 Version #74847

Congo, Dem. Rep.

Created at

2018-06-01

Last update

2018-06-01

Last full update

2019-04-08

Land area

Comment on land area

size of exploitation license unclear.

Intention of investment

[current] Mining

Comment on intention of investment

Sicomines will construct transport and social infrastructure, financed by loans from Exim Bank of China, in exchange for mining titles. Loans to be repaid from profits of JV.

Nature of the deal

Exploitation permit / license / concession (for mineral resources)

Negotiation status

[2007] Concluded (Oral Agreement)
[2009, current] Concluded (Contract signed)

Comment on negotiation status

Agreed in 2007 (MOU signed). International and local actors protested the project and as a result several negotiations took place. Signed contract only signed in October 2009.

Implementation status