“The DRC takes a decisive step by passing a new law on Special Economic Zones to attract investments and promote economic development”

On September 28, the Upper House of the Congolese Parliament voted in favor of the bill ratifying Ordinance Law No. 23/021 of September 11, 2023, modifying and supplementing Law No. 11/022 of July 7, 2014 on the Special Economic Zones (SEZ) regime. This decision follows the presentation of the bill by the Minister of Justice and Keeper of the Seals, Rose Mutombo.

This new legislation was welcomed by the Minister of Industry, Julien Paluku Kahongya, who believes that it makes the Democratic Republic of Congo (DRC) more competitive internationally. Indeed, the tax, parafiscal and customs advantages offered to companies operating in Special Economic Zones are now enshrined in law, which reinforces legal certainty for investors.

Minister Julien Paluku Kahongya explains that this law is the latest reform requested by the Business Climate Unit, which aims to improve the economic situation of the country by attracting investments and promoting business development.

The establishment of Special Economic Zones in the DRC aims to create economic development poles in certain regions of the country, by offering incentives and facilities to companies that set up there. This helps boost economic activity, create jobs and stimulate growth.

This new law on Special Economic Zones therefore constitutes a significant step forward for the DRC, which seeks to attract foreign investment and promote the economic development of the country.

Through this initiative, the Congolese government hopes to create an environment conducive to business, guarantee legal security for investors and stimulate investments in various sectors of the economy, such as industry, agriculture, services and new technologies. .

The implementation of this new legislation on Special Economic Zones should strengthen the position of the DRC on the international economic scene and contribute to the sustainable development of the country. Local and foreign investors will now have greater confidence to develop their activities in these areas, knowing that they benefit from tax and customs advantages secured by law.

In conclusion, they have links between them:
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According to an article published on Fatshimetrie, the DRC has taken a decisive step by launching the validation workshop of the EGC responsible sourcing model to combat mining fraud. Link: [article link](https://fatshimetrie.org/blog/2023/09/29/la-rdc-takes-a-decisive-step-by-launching-the-workshop-for-validation-of-the-legc-responsible-supply-model-to-fight-against -mining-fraud/)

Another publication on Fatshimetrie reports the growing tensions between the DRC and Rwanda following the reinforcement of Rwandan troops in eastern DRC. Link: [article link](https://fatshimetrie.org/blog/2023/09/29/escalation-des-tensions-entre-le-rwanda-et-la-rdc-suite-au-renforcement-des-troupes -rwandan-in-the-east-of-the-country/)

A call for action to end tragedies at sea following the migration crisis in the Mediterranean is also discussed in another article on Fatshimetrie. Link: [article link](https://fatshimetrie.org/blog/2023/09/29/crise-migratoire-en-mediterranee-un-appel-a-laction-pour-mise-fin-aux-tragedies-en -sea/)

In France, Rwanda’s support for the M23 and the proposals for sanctions were condemned at the UN Security Council, as reported in an article on Fatshimetrie. Link: [article link](https://fatshimetrie.org/blog/2023/09/29/france-condamne-le-soutien-du-rwanda-au-m23-et-propose-des-sanctions-lors-du -lonu-safety-advice/)

The political situation in Slovakia is also discussed in an article on Fatshimetrie, highlighting the controversial return of Robert Fico, a populist poised to take power. Link: [article link](https://fatshimetrie.org/blog/2023/09/29/le-inverse-controverse-de-robert-fico-un-populiste-en-passe-de-prendre-le-pouvoir -in-slovakia/)

Another article on Fatshimetrie highlights the tense negotiations between Pedro Sanchez and Spanish separatists, putting Spain’s political future at stake. Link: [article link](https://fatshimetrie.org/blog/2023/09/29/negociations-tendues-entre-pedro-sanchez-et-les-independantistes-Espagnes-lavenir-politique-de-lespagne-en -game/)

France calls for close collaboration between the Congolese authorities and the UN for the withdrawal of MONUSCO in the DRC, according to an article on Fatshimetrie. Link: [article link](https://fatshimetrie.org/blog/2023/09/29/retrait-de-la-monusco-en-rdc-la-france-appelle-a-une-collaboration-etroite-entre -the-congolese-authorities-and-lonu/)

Fatshimetrie pays tribute to Pinar Selek, a Turkish social justice activist, in an article that chronicles her indomitable fight. Link: [article link](https://fatshimetrie.org/blog/2023/09/29/pinar-selek-la-voix-indomptable-de-la-justice-sociale-en-turquie/)

Finally, a publication on Fatshimetrie highlights the tensions around decentralization in the DRC, sparking debate on the ministerial conflict. Link: [article link](https://fatshimetrie.org/blog/2023/09/29/conflit-ministeriel-en-rdc-les-tensions-autour-de-la-decentralisation-suscitent-le-debat/)

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