Chinese contract in the DRC: a review for a balanced partnership
In the management of public finances in the Democratic Republic of Congo (DRC), the fight against corruption is a priority for President Félix-Antoine Tshisekedi. And in this mission, he salutes the remarkable work of the General Inspectorate of Finance (IGF) led by Jules Alingete.
Since 2020, the IGF has positioned itself as a true policeman of public finances, with several reports highlighting corrupt practices. His commitment was even recognized by the prestigious business magazine Forbes International.
One of the main issues that the IGF has tackled is the revisitation of the Chinese contract in the DRC. Indeed, President Tshisekedi noted a glaring imbalance in this partnership, with Chinese companies having accumulated nearly $10 billion in profits, while the country only benefited from $1 billion.
Faced with this disproportionate situation, President Tshisekedi has drawn a clear line: he wants a win-win partnership between the DRC and Chinese companies. And following fruitful discussions during a recent trip to China, positive progress has been made.
The Chinese partners have in fact understood the need to rebalance this partnership and have shown their willingness to listen to the concerns of the DRC. Thus, new negotiations were initiated in order to guarantee a more equitable partnership, avoiding any frustration on either side.
In these negotiations, Jules Alingete, head of the IGF, played a central role. Known for his integrity and determination, he firmly opposed the haughty attitudes of Chinese business delegates. Thanks to its hard work, the Chinese contract is being revised, with the aim of creating a more balanced and beneficial partnership for the DRC.
In conclusion, the fight against corruption and the search for a fair partnership are at the heart of President Félix-Antoine Tshisekedi’s concerns in the DRC. The IGF, led by Jules Alingete, plays an essential role in this mission, by highlighting abuses and working to revise the Chinese contract. An approach which aims to guarantee the economic development of the country while preserving its interests.