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» 07.12.2004 - Congo Brazzaville makes economic progress

Congo Brazzaville
Economy - Development | Politics

Chinese to set up forestry unit in Congo

afrol News, 27 August - A Chinese forestry development company has been given the right to set up a forest management unit in Congo Brazzaville's northern Sangha department.

An agreement signed between Yuan Dong's general manager Shan Yao Zhong and the Congolese minister of forestry Henri Djombo formalised the exploitation of the Ivindo forestry management unit.

The development is expected to increase forestry production from 137,040 to 547,026 hectares as well as create more than 150 new jobs in the area.

Congo will also benefit from the Chinese company's infrastructural projects such as schools, health centres and roads.

The Chinese company, which plans to establish a wood sawing unit in 2009 and a drying unit in 2010, wants to produce more than 80,000 cubic metres of undressed timber per annum thus generating close to CFA 5.5 billion by 2010.


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