By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Life Care NewsLife Care NewsLife Care News
  • Home
  • Business
    • Business
  • News
  • Tech
  • Entertainment
  • Health
  • Education
  • Automobile
  • Sports
Search
Technology
  • Advertise
  • Advertise
Health
Entertainment
  • Home
  • Business
    • Business
  • News
  • Tech
  • Entertainment
  • Health
  • Education
  • Automobile
  • Sports
  • Advertise
  • Advertise
Copyright © 2015 - 2024 LifeCareNews Network. All Rights Reserved.
LIFE CARE IS REGISTERED MAGAZINE IN RNI, NO.GUJGUJ/2015/71283
Reading: US, UK, and Congolese officials inaugurate Kiswishi City Special Economic Zone
Share
Notification Show More
Font ResizerAa
Life Care NewsLife Care News
Font ResizerAa
  • Education
  • Automobile
  • Entertainment
  • News
  • Tech
  • Sports
Search
  • Home
  • Home
    • Home 1
    • Default Home 5
  • Categories
  • Categories
    • Tech
    • Entertainment
    • Automobile
    • Sports
    • Education
    • News
    • Health
  • Bookmarks
  • Bookmarks
  • More Foxiz
    • Sitemap
  • More Foxiz
    • Sitemap
Follow US
  • Advertise
  • Advertise
Copyright © 2015 - 2024 LifeCareNews Network. All Rights Reserved. LIFE CARE IS REGISTERED MAGAZINE IN RNI, NO.GUJGUJ/2015/71283
News

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

PRNW Agency
Last updated: 17/06/2025 10:52 AM
PRNW Agency
Share
4 Min Read
US, UK, and Congolese officials inaugurate Kiswishi City Special Economic Zone
SHARE
US, UK, and Congolese officials inaugurate Kiswishi City Special Economic Zone

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.

 

 

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.

- Advertisement -

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.”

- Advertisement -

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.

- Advertisement -

Photo – https://mma.prnewswire.com/media/2711577/Kiswishi_City_Rendeavour_Construction.jpg

View original content:https://www.prnewswire.co.uk/news-releases/us-uk-and-congolese-officials-inaugurate-kiswishi-city-special-economic-zone-302482464.html

You Might Also Like

Metalogic PMS Hosts Pioneering Conference on Steel & Metals for India’s Defence Sector

New Research Reveals Marketing Leaders See Strong Potential in gTLDs Despite Knowledge Gap

Ness Digital Engineering Acquires Raja Software Labs (RSL), a Silicon Valley-based product engineering company specializing in high volume mobile, web and IoT applications

MSME Giant Applied Electro Magnetics (AEM) Bags Fresh Contracts from HAL and DRDO Labs, Eyes 25 Percent Annual Growth

Global Africa Business Initiative Calls for a Bold Reimagining of Africa’s Economic Narrative

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Share
Previous Article Gorenje continues long-term partnership with EHF Champions League Gorenje continues long-term partnership with EHF Champions League
Next Article “World Expo for Plastics”: Dsseldorf Becomes the Hub of the Global Plastics Industry “World Expo for Plastics”: Dsseldorf Becomes the Hub of the Global Plastics Industry

Stay Connected

FacebookLike
TwitterFollow
PinterestPin
InstagramFollow
YoutubeSubscribe
Google NewsFollow
LinkedInFollow
MediumFollow
- Advertisement -

Latest News

Hexagon launches AEON, a humanoid built for industry
Hexagon launches AEON, a humanoid built for industry
Tech 17/06/2025
Shopware presents new product innovations: Agentic Commerce and B2B solutions for complex business models
Shopware presents new product innovations: Agentic Commerce and B2B solutions for complex business models
Tech 17/06/2025
TraceLink Unveils OPUS Link Lab: A Radical Leap Forward for Multienterprise Supply Chain Innovation
TraceLink Unveils OPUS Link Lab: A Radical Leap Forward for Multienterprise Supply Chain Innovation
Tech 17/06/2025
Lars Fjeldsoe-Nielsen Joins Owl Ventures as General Partner to Accelerate Global Education Investments
Lars Fjeldsoe-Nielsen Joins Owl Ventures as General Partner to Accelerate Global Education Investments
Tech 17/06/2025
//

We increase the awareness of millions of users through our news networks. We are one of the most trusted news networks in the world.

Quick Link

  • About Us
  • Contact Us
  • Editorial Guidelines
  • Privacy Policy
  • Terms and Conditions

Top Categories

  • Automobile
  • Education
  • Entertainment
  • Health
  • News
  • Sports
  • Tech

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Life Care NewsLife Care News
Follow US
Copyright © 2015 - 2024 LifeCareNews Network. All Rights Reserved. LIFE CARE IS REGISTERED MAGAZINE IN RNI, NO.GUJGUJ/2015/71283
Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?