Read The Times Australia

Daily Bulletin

US, UK, and Congolese officials inaugurate Kiswishi City Special Economic Zone

  • Written by: PR Newswire Asia - Daily Bulletin Au RSS

KISWISHI CITY, Democratic Republic of Congo, June 16, 2025 /PRNewswire/ -- American, British, and Congolese government officials launched major foreign direct investments in the Democratic Republic of the Congo (DRC) with the groundbreaking of a USD 50 million Pepsi bottling plant and a Congo Petrol fuel depot. Inaugurating Kiswishi City Special Economic Zone (SEZ), the first private SEZ in DRC, the officials also commenced construction on a One-Stop Shop for expedited government services for investors.

 

US, UK, and Congolese officials inaugurate Kiswishi City Special Economic Zone American, British, and Congolese officials, along with executives from PepsiCo (Varun Beverages), Congo Petrol, and Rendeavour, break ground at Kiswishi City Special Economic Zone in Lubumbashi, Democratic Republic of the Congo. The launch marks the start of construction on a USD 50 million Pepsi bottling plant, a fuel depot by Congo Petrol, and a One-Stop Shop for investor services.

 

The investments at Kiswishi City SEZ will create thousands of jobs and expand the brands of New York-based PepsiCo in the fast-growing Haut-Katanga Province. Developed by India's Varun Beverages, Pepsi's largest bottler outside the United States, the facility sits on 15 hectares (37 acres) of land at Kiswishi City SEZ.

Congo Petrol, a distributor and licensee of Kenya's Dalbit Petroleum, will develop a state-of-the-art 8,000 cubic metre petroleum products storage and warehousing facility sitting on seven hectares (17 acres), enhancing its capacity to efficiently serve the growing demand in the region.

Backed by American, British, New Zealand and Norwegian investors, Kiswishi City SEZ is a project by Rendeavour, Africa's new city builder, whose mixed-use cities in Kenya, Nigeria, Ghana, Zambia and DRC have catalysed billions of dollars in foreign and domestic investment, along with tens of thousands of jobs for young Africans.

Lucy Tamlyn, U.S. Ambassador to DRC, said: "Thank you to the investors who believe in the long term. Kiswishi City SEZ is very much a long-term investment that requires a lot of faith, confidence, and support. The U.S. Embassy will continue to be a strong advocate."

Alyson King, UK Ambassador to DRC, said: "I'm delighted to see the launch of this project funded by the UK and other investors, which aligns perfectly with the UK's vision for its partnerships across Africa, supporting local value addition, job creation, and lasting benefits for communities."

Prof. Jean-Marie Kanda, Senior Advisor to the President of DRC, said: "Rendeavour and Kiswishi City SEZ, with their American, British, New Zealand, and Norwegian shareholders, add tremendous value to our economy by investing in critical infrastructure and well-organized new cities. Rendeavour deserves appreciation for the confidence and momentum it has given to the Congolese industrial sector. Today's ceremony is a testament to their commitment to the vision of the President of the Republic, Head of State, as implemented by the government led by Her Excellency, Madam the Prime Minister."

Preston Mendenhall, Group COO of Rendeavour, said: "Rendeavour's investment in Kiswishi City SEZ represents something profound for the Democratic Republic of the Congo. Rather than extracting resources from the landscape, we are literally adding to it, in the form of high-quality infrastructure – power, water, roads, and internet. We are building a mixed-use, mixed-income, inclusive, and environmentally friendly entirely new city for Congolese."

Other dignitaries in attendance included: John Muloba, Haut-Katanga Minister of Industry; Calvin Bailey, UK Trade Envoy for Southern Africa and Member of Parliament; Ritchie Callaghan, UK Honorary Consul, Lubumbashi; Hypolite Magogo, Deputy Director General, Special Economic Zones Agency; Vishal Gupta, Managing Director, Varun Beverages;  Collins Kiprop, Country Manager, Congo Petrol; and Senator Jean Bamanisa Saidi, Chairman, Club BTP & CMA.

Businesses at Kiswishi City SEZ, the first private SEZ in DRC, also include Queen Energy, Zindua Investment, SDG Afrique, Congo Mineral Services, and Congolese Analytical Laboratory. Phase one of Kiswishi's residential estate, Kimia, is 98% sold out. The One-Stop Shop, which will be managed by the Special Economic Zones Agency, ensures that investors can receive government services in one convenient location.

Authors: PR Newswire Asia - Daily Bulletin Au RSS

Read more https://www.prnasia.com/story/archive/4710922_AE10922_0

Business News

Designing Eco-Friendly Custom Water Bottles for Your Next Event

The Evolution of Sustainable Event Merchandise Event planning has undergone a massive transformation over the last decade. Gone are the days when organizers could hand out cheap, single use plastic...

Daily Bulletin - avatar Daily Bulletin

Why Choosing a Professional Florist Melbourne Makes Flower Delivery Impactful

Flowers have a great power to speak when humans cannot express their feelings with right words. Flowers are the best gifts when you are celebrating a birthday or welcoming a newborn child into your fa...

Daily Bulletin - avatar Daily Bulletin

The Business Case for Choosing Australian Fabricators Over Imported Alternatives

For a long time, you might have defaulted to overseas suppliers when sourcing fabricated metal components for a project. The unit price was lower on paper, and the maths seemed straightforward. That...

Daily Bulletin - avatar Daily Bulletin

Australian organisations are relying on business continuity plans built for a far more predictable world

Tariff escalations, supply chain fragility, geopolitical events, and the ongoing threat of cyber disruption have reshaped the risk environment facing Australian organisations. The problem is that ma...

Daily Bulletin - avatar Daily Bulletin

How to Rent a Car for Uber in Melbourne: What Every New Driver Needs to Know

Starting out as an Uber driver in Melbourne is not as complicated as it sounds but getting the vehicle right is where most new drivers get stuck. Uber has strict requirements around vehicle age, condi...

Daily Bulletin - avatar Daily Bulletin

When Should You Speak to a Lawyer About a Legal Issue?

Legal issues can begin with a simple question, then become harder to manage once formal steps are involved. Many people wait until a matter feels urgent before seeking guidance, even though earlier ...

Daily Bulletin - avatar Daily Bulletin

The strategic rise of Bali as Australia’s next essential healthcare support hub

As Australian healthcare providers grapple with unprecedented operational bottlenecks, a new nearshore model is quietly transforming patient care delivery. Forward-thinking organisations,  including...

Daily Bulletin - avatar Daily Bulletin

Cost Savings and Benefits of Using Used Pallets in Logistics

In today’s competitive logistics and supply chain industry, businesses are constantly looking for ways to reduce operational costs without compromising efficiency and reliability. One of the most prac...

Daily Bulletin - avatar Daily Bulletin

How Fulfilment Services in Australia Help Businesses Scale Efficiently

The growth of e-commerce and modern retail has transformed customer expectations. Consumers now expect fast shipping, accurate order processing, and seamless delivery experiences regardless of where...

Daily Bulletin - avatar Daily Bulletin

The Daily Magazine

Top 4 Wheelchair Ramp Providers in the Boulder Area

Finding the right wheelchair ramp in Boulder will feel like a turning point. Whether you are plann...

Thermoplastic vs. Paint: The True Long-Term Cost Comparison

Line marking looks like a simple line item on a school maintenance budget, until the true cost of ...

Why Vetting Beats Volume: The Real Story Behind Australia's Growing Applicant Pools

On paper, hiring should be getting easier. Job ads across the country are pulling in more applicat...

Moving Out of a Rental in Melbourne? A Practical Moving Checklist

Moving out of a rental in Melbourne is one of those things that always feels further away than it ...

Why a Cordless Rebar Tying Machine Is a Smart Investment for Australian Construction Projects

Tying reinforcing steel by hand means spending hours bent over while making the same twisting moti...

How to Get a Document Notarised in Sydney: What to Bring, What It Costs and How Long It Takes

If an overseas bank, embassy, university, employer or land registry has asked you for a notarised ...

The 2026 Used-Car Market

For a few strange years, the used-car market rewrote its own rules. Supply shortages sent second-h...

Why CCTV Alone Is Not Enough for Modern Business Security

Cameras are usually the initial step that companies take to strengthen their physical security. If...

Why Every Workplace Should Take Emergency Preparedness Seriously

Emergency planning is one of those things many workplaces know they should think about, but it oft...