Jump to navigation

Vol 2 (AAC) No 11

Published 1st September 2009


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.

End of preview - This article contains approximately 686 words.

End of preview

Subscribers: Log in now to read the complete article.

Account Holders: Log in now and use your Account Credit to buy this article. No Credit? Top up your Account now.

If you are logged in, but still cannot access the full text of this article, email customer services or telephone us on +44(0)1638 743633.