The establishment of a UD TRUCKS vehicle assembly plant in the Democratic Republic of Congo (DRC) was announced by the Minister of Industry, Julien Paluku, during his participation in the BRICS meeting in Pretoria. This initiative aims to meet the transport needs of the Congolese and encourage the country’s economic development.
According to Julien Paluku, the UD TRUCKS factory will be located in one of the three special economic zones of the country, either in Kinshasa, Lubumbashi or in the east of the DRC. He plans to sign a memorandum with the Japanese company to facilitate the implementation of this project in the next four months.
The benefits of special economic zones are numerous. By settling in one of them, UD TRUCKS will be able to benefit from privileges such as exemption from customs duties on the import of raw materials. This will make products more competitive in the domestic and foreign market, similar to what China has managed to do with its own special economic zones.
This new vehicle assembly plant in the DRC is a major opportunity to boost the country’s industrial sector and create jobs. It will also contribute to improving transport accessibility for the Congolese, which is essential for the economic and social development of the country.
In conclusion, the establishment of the UD TRUCKS factory in the DRC is excellent news for the country. This initiative testifies to the confidence of foreign investors in the economic potential of the DRC and opens up promising prospects for the industrial development of the country