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Congo Republic Will Invest 267 Billion CFA in Industrial Zone

Aug. 7 (Bloomberg) -- The Republic of Congo plans to spend 267 billion CFA francs ($503 million) in an industrial site for manufacturers specializing in construction materials.

The complex will be built 75 kilometers (47 miles) north of the capital, Brazzaville, in an area that’s considered a transit hub for trade with neighboring Democratic Republic of Congo, Jean Jacques Boya, a public works official with the government, told reporters today.

To contact the reporter on this story: Robert Mbakou in Brazzaville at rmbakouo@bloomberg.net

To contact the editor responsible for this story: Emily Bowers at ebowers1@bloomberg.net

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