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Home > DRC: Korea seeks $1 bn DRC mining-for-infrastructure deal

Contributor [1]
Wednesday, November 17, 2010 - 02:00
Categories: 
Emerging powers news [2]
Issue Number: 
505 [3]
Article-Summary: 

A consortium of South Korean companies will seek a minerals-for-infrastructure deal in Democratic Republic of Congo that could be worth $1 billion, Congolese and South Korean officials told Reuters. The proposed deal - involving refurbishment of a copper mine and construction of an Atlantic deepwater port - would bolster South Korea's bid to secure long-term access to metals while speeding Congo's development, South Korean ambassador to Congo Kim Sung-chul said.

Category: 
Global South [4]
Oldurl: 
http://www.pambazuka.org/en/category.php/emplayersnews/68795 [5]
Country: 
Democratic Republic of Congo [6]

Source URL: https://www.pambazuka.org/node/67067

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