News: Major progress in the construction of the first financial center in the Democratic Republic of Congo
The Turkish company Milvest, a subsidiary of Miller Holding, recently announced that the execution rate of construction works on the first financial center in the Democratic Republic of Congo had reached 70% after only 11 months of work. This news was revealed during a guided tour of the project site, organized for media professionals.
This modern architectural complex is made up of six buildings of 16 to 20 floors, located in the heart of Kinshasa, in the commune of Gombe. It will house the Ministries of Finance and Budget, as well as banks, offices, conference rooms and green spaces. The project also includes a huge 3000 m2 fountain, the largest underground car parks in Central Africa, with a total capacity of 1100 vehicles, as well as an entertainment area.
This project, the result of Turkish-Congolese cooperation, was pre-financed by the Turkish government to the tune of 290 million US dollars. Chairman of the Board of Directors of Milvest, Turhan Mildon, emphasized that all infrastructure belongs to the Democratic Republic of Congo.
In addition to the progress in the construction of this financial center, Milvest has also created many jobs. During the work, nearly 3,000 people were employed, including 1,800 Congolese and 1,200 Turkish nationals. Once the complex is inaugurated in December, another 5,000 direct jobs will be created.
It should be noted that the management of the financial center will be transversal, however, Milvest will be responsible for the management of the Marriott hotel, being built within the complex. This management will allow the company to recover its own investment, estimated at more than 60 million US dollars.
This financial center project is just one example of the many ambitious projects entrusted to Milvest by the Congolese government. Indeed, the Turkish company is also responsible for the modernization of the N’djili international airport, the renovation of the Kinshasa International Fair (FIKIN), the construction of a 20,000-seat arena and a cable car line in the Congolese capital.
Despite certain administrative delays, Milvest continues to work closely with the Congolese government to carry out these projects. These initiatives demonstrate the country’s desire to develop its infrastructure and attract foreign investment with the aim of stimulating economic growth and creating new employment opportunities for Congolese citizens.
In conclusion, the rapid progress of the construction of the financial center in the Democratic Republic of Congo is an important step in the development of the country. Through cooperation with foreign companies such as Milvest, the country is on its way to becoming a major economic hub in Africa. These ambitious projects will help strengthen the country’s infrastructure and stimulate its economic growth, thus providing new opportunities and a promising future for the Congolese people.