European Union cooperates with DRC in road renewal project
13 September 2010
An official from the European Development Fund (COFED), Alexis Mwamba, announced on 4 September that the European Commission has mobilized more than 164 million dollars to renew roads in the Democratic Republic of the Congo.
These funds have been allocated as part of the Rehabilitation Support Program (PAR II), the aim of which is to combat poverty by preserving infrastructures, reports the newspaper Le Potentiel.
For the DRC, the 130 million USD package will make it possible to renew the infrastructures necessary for the transport of persons and goods, mainly originating from agricultural production.
In the same way as the EU, China is also investing in the development of African countries. According to the site CRI online, on 5 September, Secretary-General of the UN, Ban Ki-moon, appealed to African countries to intensify their cooperation with China in order to realize the Millennium Development Goals.
He believes that Sino-African joint ventures will enable profitable results to be achieved in terms of the construction of roads, schools, hospitals and in telecommunications.