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Vol 2 (AAC) No 11

Published 1st September 2009


Congo-Kinshasa

The great South Korean commercial offensive

The latest result of the close ties between Kinshasa and Seoul was revealed on 8 September by Générose Lushiku, Congo-Kinshasa's Minister of Urbanism and Habitat, who announced that South Korea's Berea International had won a US$225 million contract to build 1.2 mn. units of social housing and was due to begin construction before the end of the year. The South Koreans, though, have even bigger ambitions in Congo. The huge dam planned at the Inga III complex, which could produce 4,320 megawatts of power from the Congo River, is the main attraction.

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