Musienene: the Special Economic Zone that attracts investors and promises economic growth for North Kivu

Title: Musienene, a booming Special Economic Zone

Introduction :

The Special Economic Zone (SEZ) of Musienene, in the province of North Kivu in the Democratic Republic of Congo, continues to develop and is attracting more and more attention. The Minister of Industry, Julien Paluku Kahongya, recently visited the site to see the progress of the work. In this article, we present to you the progress made and the promising prospects of this booming SEZ.

Infrastructure development and business registration:

During his visit, Minister Julien Paluku was able to see the progress made in the ZES of Musienene. The studies on the development plan have been finalized, thus making it possible to plan the various roads and infrastructures necessary for the proper functioning of the area. In addition, the site has been expanded by an additional 162 hectares, bringing its total area to over 300 hectares. This extension makes it possible to accommodate more industrial companies wishing to set up in the ZES.

In addition, more than 10 large companies have already submitted their application for registration to settle in the Musienene SEZ. This influx testifies to the growing appeal of the area and the confidence of investors in its economic potential.

Essential local support:

Minister Julien Paluku also stressed the importance of the support of local notability in the operationalization of the Musienene SEZ. He recalled that the establishment of a SEZ generally requires between 5 and 10 years to reach its full activity. He cited the example of the SEZ of Makulu, whose first production took place only in 2023, despite its launch in 2012. Thus, the Minister called on the notability of Musienene to support and accompany the efforts that are deployed for the development of the area.

Promising prospects:

With its expanded scope and the clear interest of companies to set up there, the Musienene SEZ offers great economic prospects for the region. It will allow the creation of jobs, the development of local industry and will contribute to the economic growth of the province of North Kivu.

Conclusion :

The Musienene SEZ continues to evolve rapidly, attracting the attention of investors and promising great economic prospects for the region. Progress in infrastructure development and business registration demonstrates the Congolese government’s commitment to promoting special economic zones. It now remains for the local notability to support these efforts to ensure the success of the Musienene SEZ and make it a real engine of development for the region

Leave a Reply

Your email address will not be published. Required fields are marked *