DRC Signs Agreement for 7,000 MW Hydroelectric Dam and Major Aluminum Industry Projects
The Democratic Republic of Congo (DRC) is set to embark on an ambitious infrastructure project involving the construction of a 7,000 megawatt hydroelectric dam, an aluminum foundry plant, an aluminum refinery, and a port terminal.
This development follows the signing of a memorandum of understanding between the Agency for the Development and Promotion of the Grand Inga Project (ADPI-RDC) and Natural Oilfield Services Limited (NOFLS).
According to a press release received by MINES.CD on Tuesday, May 14, 2024, NOFSL has committed to conducting technical, environmental, social, and financial studies for the construction of one phase of the Grand Inga project, with a minimum capacity of 7,000 megawatts out of a potential 42,000 megawatts.
Beyond energy production, the project includes the construction of an aluminum foundry plant capable of producing 4 million tonnes per year, to be built in eight phases of 500,000 tonnes each.
Additionally, an aluminum refinery with a capacity of 8 million tonnes per year and a port terminal to facilitate the import of equipment and raw materials are also planned.
This mega-project represents a significant step towards realizing President Felix-Antoine Tshisekedi Tshilombo’s vision of increasing electricity access and strengthening the economic fabric of the DRC.
The implementation of these projects is expected to create around 50,000 direct and indirect jobs for the Congolese population.
An aluminum foundry is a factory where parts are produced by melting aluminum, pouring the liquid metal into molds, and allowing them to solidify. This process results in the creation of various metal objects and related services.
In summary, the DRC’s agreement with NOFSL marks a crucial development in the country’s infrastructure and industrial growth, promising enhanced energy production and significant economic benefits.