Deal #6066

Congo, Dem. Rep.
Created at
2018-06-01
Last update
2019-04-08
Last full update
2019-04-08

Land area

Comment on land area
size of exploitation license unclear.

Intention of investment

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. Exemption from taxes until infrastructure and mining loans were fully repaid.

Negotiation status

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

Implementation status
  • Project not started
  • [current] In operation (production)

Leasing fees

Comment on leasing fee
Exemption from taxes until infrastructure and mining loans were fully repaid.

Contract farming

Contract farming
No