Sun, Dec 21, 2014
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Investment, Metals and Minerals more

China to proceed with $9 bln Congo plan

Posted on 04 March 2009

From Bloomberg: China plans to spend $9 billion on mining and infrastructure in the Democratic Republic of Congo and won’t bow to a demand from the International Monetary Fund to alter the accord, the Chinese ambassador to the country said.

China’s biggest single investment in Africa will give Congo roads, railways, hospitals and schools in return for metals worth $50 billion at current prices….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 38538 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
S M T W T F S
« Nov    
 123456
78910111213
14151617181920
21222324252627
28293031