DR Congo: GE MoU, Inga rehabilitation
Issue 410
- 27 Feb 2020
| 2 minute read
The government and General Electric (GE) on 13 February announced the signing of a memorandum of understanding (MoU) in infrastructure projects. The three-year MoU is focused on increasing the supply of electrical energy and on health modernisation programmes with the aim of accelerating the economic and social development of the country, a statement said.The US has almost no private investment in DRC and the MoU has been seen as a gesture of support for the government of President Félix Tshisekedi and an attempt to loosen China’s stranglehold on big projects.
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