Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Part 2
He said that the four special economic zones have fiscal, customs and exchange advantages. These advantages granted by this regime may also be combined with the advantages provided for by other legislative provisions in terms of investment encouragement.
The production of steel was also the subject of discussions with the intervention of the representative of the company DANIELI who wishes to find a business outcome in Congo.
It should be noted that this company received a large contract in Equatorial Guinea for the construction of a 1086 kilometer rail network.
A platform for exchanges is expected by the parties in order to bring together potential Italian investors wishing to come and invest in special economic zones in Congo.
http://zes.gouv.cg/fr/congo-%E2%80%93-italie-vers-une-coop%C3%A9ration-%C3%A9conomique-dans-le-domaine-des-zones-%C3%A9conomiques-sp%C3%A9ciales
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The Minister of Special Economic Zones, Mr. Gilbert MOKOKI, exchanged, on Tuesday December 8, 2020 at the Olympique Palace Hotel in Brazzaville, with a delegation of Italian investors, led by Mr. Massimo D'ALEMA, external relations advisor, former prime minister Minister and former Minister of Foreign Affairs of the Republic of Italy, on business opportunities in special economic zones in Congo.
Composed of Italian businessmen, an executive from the 7 Experts firm and a project manager from the Ministry of Technical, Vocational Education, Qualifying Training and Employment, this delegation came to inform about the possibilities of building technical and vocational schools, and see the opportunities created in the special economic zones, in order to establish a new economic cooperation with the Congo.
Mr. Massimo D'ALEMA informed the Congolese side that the Congo was greatly appreciated by the former Italian Ambassador to the Republic of Congo, with a particular impression on the special economic zones.
As such, the hope is to support Italian companies to find opportunities to invest in the sub-Saharan sub-region, especially in special economic zones in Congo.
Indeed, it is a question here of evaluating the presence of Italian companies in the Congo and finding opportunities to develop this economic cooperation, both in existing sectors and in other sectors. This new cooperation could start from the Congo, through the transformation of raw materials for the African market, which will subsequently become very important, he continued.
Presenting the special economic zones, Mr. Gilbert MOKOKI declared that the economy of Congo is dependent on oil rent. To get the country out of this dependence on oil, the Government has taken a dynamic option, that of building a solid industrial fabric and building a real economy. To achieve this, the creation of special economic zones was chosen as a vector to accelerate this process.
Four (4) special economic zones were selected by the Government and each created by a law, taking into account the centralizing poles. These are the special economic zones of Ouesso , in the northern part of the country, on the banks of the Sangha river; Oyo-Ollombo , in the center of the country on both sides of the Alima river; from Pointe-Noire to the southwest, on the shores of the Atlantic Ocean and from IgniƩ to the north of the capital Brazzaville on the shores of the Congo River. In the grip of the IgniƩ zone, there is the Maloukou industrial and commercial park which has sixteen (16) functional production units within it.
He said that the four special economic zones have fiscal, customs and exchange advantages. These advantages granted by this regime may also be combined with the advantages provided for by other legislative p
https://www.africaintelligence.com/mining-sector/2020/11/26/winning-consortium-seeks-listing-to-raise-capital-for-simandou,109623630-ar1
'To cover a part of the $15bn that the development of blocks 1 and 2 at the Simandou iron ore deposit will cost, the operator Winning Consortium Simandou is looking to raise capital in London.'
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