The FEC want to extend subcontracting to private sector entrepreneurs operating in all provinces in DRC
The Congolese authorities exchanged, on Tuesday, January 23, 2024, with members of support institutions, in particular the Federation of Congolese Enterprises (FEC) and the Regulatory Authority for Subcontracting in the Private Sector (ARSP) . Their discussions focused mainly on the possibilities of extending subcontracting in all twenty-six (26) provinces of the Democratic Republic of Congo. The meetings were led by Désiré M’Zinga, Minister of Entrepreneurship, Small and Medium Enterprises.
“We had discussions with the delegation of the Federation of Companies of Congo (FEC) and the regulatory authority for subcontracting in the private sector around the law on subcontracting already in application in certain provinces of the DRC in its extension to other provinces where it is not yet applied,” he explained.
For Minister Désiré M’Zinga, the role played by SMEs in the DRC is fundamental in the country’s economies, with a view to propelling its development. He also underlined that these fruitful exchanges relating to the extension of subcontracting in the provinces in the sector of small and medium-sized enterprises, are part of the vision of the President of the Republic, that of creating Congolese millionaires and jobs for young people, as planned in one of its six pillars of development in the Democratic Republic of Congo.
According to the minister, it is necessary to promote the subcontracting sector in Congo, with a view to encouraging entrepreneurship among young Congolese “In the DRC, this sector is also booming with several SMEs and Start-ups but several companies Congolese women in this category find themselves left behind while those of foreigners benefit from market access in certain provinces of the country,” he declared. Remember that the subcontracting sector in the Democratic Republic of Congo is regulated by Law No. 17/001 of February 8, 2017. Its creation was due to the fact that foreign companies hinder the activities of local Congolese companies, mainly made up of capital of small and medium-sized businesses. But this causes a shortfall in revenue for the public treasury, and does not promote the employment of Congolese people and hampers the emergence of national expertise.
Furthermore, he indicated that subcontracting is a contract by which one company asks another to carry out all or part of what the client company was to carry out and provide to its own customers.
