Datasheet on investments in DRC

The economic growth of a nation depends directly on the level of investments reached (Law n°. 004/2002 of 21 February 2002 on the Investment Code, Explanatory Memorandum, P.1.). The investment rate has become one of the indicators that investors use to ensure the attractiveness of a country.

I. The registration of investment projects through approval to the Investment Code and the approval of the lists of equipment to be imported as per the privileged regime of the Mining Code.

The Investment Code allows directing domestic and foreign investment projects implemented in DRC in areas not expressly reserved to the Government or not excluded by the negative list to get a number of customs, tax and quasi-fiscal benefits and certain general guarantees (Article I of the Investment Code).

Under the provisions of article 225 of the Mining Code, all investors in the mining sector are approved by the Ministers of Mines and Finance, before starting their work, the list including the number and value of movable property, equipment, vehicles, minerals and others that fall within the scope of the preferential customs and tax regime provided (Article 225 of the Mining Code ; Act No. 007/2002 OF July 11, 2002 with the Mining Code).

Table 1 : Breakdown according to the sector of the investment projects approved by ANAPI and the value of imported goods approved by the Interministerial Commission of Mines from 2010 to 2014 USD

Source : Department of Services to Investors/ANAPI and Approval Commission of lists from Ministry of Mines, Kinshasa 2015.

II. Volume of investments in the DRC from 2010 to 2014 (in USD)

The trends of the investments are as shown in the table below.

Tableau n° 2 : Estimations du volume des investissements r�alis�s en RDC de 2010 � 2014 (en USD)

Source : From ANAPI on the basis of reports from the Department of Services to Investors and Approval Commission of lists from Ministry of Mines, Kinshasa 2015.

Graph 1 : Development of investment volume from 2010 to 2014 (In USD)

The development of investment volume has been steadily increasing from 2010 to 2012. It has experienced a slight decline in 2013 and a movement decrescendo in 2014. Overall, this development is significantly influenced by the flow of investment from the mining sector. From the above graph we notice a slow growth of the investments of the Investment Code sector against a strong evolution with high amplitude for mining investments. Mining investments are made in the DRC to over 80% by subsidiaries or branches of foreign companies.

II. Trend of FDI flows from 2010 to 2014

Table 3 : Estimated volume of foreign direct investment (in USD)

Source : From ANAPI on the basis of reports from the Department of Services to Investors and Approval Commission of lists from Ministry of Mines, Kinshasa 2015.

Graph 2 : Estimated volume of FDI implemented in DRC from 2010 to 2014 (in USD)