Construction Frontline
China Overseas Land & Investment Signs Congo Housing Construction Project
Seetao 2021-12-02 10:18
  • China Overseas has signed a contract with the Democratic Republic of Congo for housing construction including housing and schools
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On November 27, 2021, China Overseas and China-Africa Corporation and Congo (Kinshasa) NOVATECH Group successfully signed a “cloud” contract for the construction of the Kinshasa Modern Healthy City in Congo Kinshasa through a video connection. The total amount of the project is tax-free US$245 million.

The project is located 60 kilometers from the eastern outskirts of Kinshasa, the capital of the Democratic Republic of Congo, covering an area of 204 hectares. In recent years, with the economic recovery of the Democratic Republic of Congo, the population of Kinshasa urban area has developed rapidly, and the demand for housing is strong. The owner plans to build a large community of Congolese Doctors Association that includes residential buildings, internal and external roads, schools, hospitals and other supporting projects. Keywords: One Belt One Road, One Belt One Road News, One Belt One Road Project, Overseas Projects

Since the horn of the "decisive battle and decisive victory in the fourth quarter" labor competition was sounded, China-Africa Corporation has overcome the severe impact of the fourth wave of the DRC epidemic, has vigorously focused on project operations, and actively tracked the cash exchange and investment operation projects in the DRC, Gabon, Cameroon and other countries. The internal resources of the China Railway system and other mature partners in the region, integrate internal and external resources, explore third-party cooperation on the basis of prioritizing and strengthening cooperation with China Railways brothers, give full play to the management and service functions conferred by the business platform, and take mutual benefit and win-win as the purpose , Actively assist the owners in financing, give full play to the advantages of China-Africa companies and partners, and help the successful signing of the project.Editor/XuNing

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