Fortescue Metals and Westminster Group to invest in Inga & airport infrastructure – DRC

These two global companies want to invest in green energy, in Inga, in particular for the Australian Fortescue Metals Group. As for Westminster Group PLC, this British company is in negotiations with RVA for a partnership in security, technology and airport infrastructure services. These two major companies respond to the call launched by the President of the Republic to foreign investors to invest in the DRC, a country committed to its economic recovery.

The President of the Republic, Félix Tshisekedi, during his recent stay in eastern DRC, last week met Australian billionaire Andrew Forrest in Goma, president of Fortescue Metals Group, a company listed on the Australian Stock Exchange ( ASX: FMG).

This company wants to invest billions of dollars in the exploitation of the hydroelectric potential of Inga for the production of hydrogen, ammonia and fertilizers. Fortescue Metals Group is also interested in processing green metals in the DRC.

This visit by the Australian billionaire follows the Memorandum of Understanding signed between FMG and the DRC in September 2020, in the presence of President Tshisekedi, Prime Minister Ilunkamba and some members of the government.

To the Presidency of the Republic, let it be known that the negotiations between the Congolese party and FMG are very advanced. It is the Special Advisor to the Head of State in matters of infrastructure, Alexy KAYEMBE of BAMPENDE, who has been leading these negotiations since the start of this project with Fortescue Metals Group . In this partnership, the experts of the Presidency of the Republic have opted for the production-sharing model to allow the DRC to have access to its quota, from production, rather than expecting dividends that cannot be obtained. hardly perceive.

With this partnership with Fortescue Metals Group, the DRC wants a paradigm shift. Electricity in the DRC should no longer be used simply as a marketable product but rather as an input for the production of high added value products. This project plans to generate the creation of more than 500,000 direct and indirect jobs in the DRC.

The project also provides for related infrastructure such as roads, bridges and a deep water port to serve these new industrial production sites for hydrogen, ammonia, etc. With this transformative project, the DRC aims to become a major player in the global energy transition towards a circular green economy based on hydrogen, according to the vision of President Félix Tshisekedi.

5 airports targeted by Westminster Group PLC

Another major project landing in the DRC is this partnership of Westminster Group PLC , a company listed on London’s AIMS Stock Exchange operating in the security, technology and infrastructure services sector, with the RVA (Régie Des Voies Aériennes) on the modernization of N’djili international airport and 4 other airports in the DRC. This partnership was signed in the presence of the Ambassador of the United Kingdom in the DRC, Emily Maltman.

This project is part of the policy of the Head of State who actively supports the development of airport infrastructure and security as key components of his vision for the DRC as a regional hub for aviation and tourism in Africa.

Led by RVA, Westminster Group will invest its own capital in upgrading airport security equipment, security systems and employee training on a Build-Operate-Transfer (BOT) basis.

This so-called “pioneering” partnership between RVA and Westminster Group intends to solidify the key pillars of President Tshisekedi’s development program centered on the well-being of the Congolese people, peace, security, skills development, technology transfers and regional integration.

Note that Fortescue Metals Group Ltd is a world leader in the iron ore industry, recognized for its culture, innovation and cutting-edge development of world-class mining infrastructure and assets in Pilbara, Western Australia. This company was established by its founder and president, Dr. Andrew Forrest.

As for Westminster Group Plc, it is a trusted global brand that provides strategic security solutions, managed services and best-in-class equipment to keep people safe, secure assets and maximize prosperity in high-demand markets. growth and emerging markets around the world. Westminster serves the UK Parliament and a multitude of airports and critical infrastructure around the world. Led by  CEO Peter Fowler, the group’s motto is: “All citizens of the world have the right to personal safety and security. “