Investment volume
Factsheet on investments in the DRC
- Investment is the most important factor in economic growth. It generates income and is one of the main drivers of economic activity.
- In recent years, the DRC has performed quite remarkably well in terms of attracting investment. This is due to the effects of economic and other reforms that are likely to make DRC one of the best investment destinations in Africa.
Evolution of Foreign Direct Investments (FDIs)
Table n°04: FDIs in the DRC from 2010 to 2017
Investment flows |
Years |
|||||||
|
2010 |
2011 |
2012 |
2013 |
2014 |
2015 |
2016 |
2017 |
Inward FDIs |
2,939 |
1,687 |
3,312 |
2,098 |
2,063 |
1,675.5 |
1,204.7 |
1,340.2 |
Outward FDIs |
7 |
91 |
421 |
401 |
344 |
507.8 |
272.3 |
292.2 |
Net FDIs |
2,939 |
1,596 |
2,892 |
1,698 |
1,720 |
1,165.7 |
932.4 |
1,048.0 |
Source: DRC/BCC balance of payments
- More than 50% of inward FDI flows are in the primary sector (mining).
- As part of the diversification of the economy, the country favors investment in the secondary sector, which creates added value.
General situation of projects admitted to the Investment Code regime in 2018
Table n°5: Breakdown of approved projects by type
Project type |
Number of projects |
Investment cost in USD |
Jobs to be created |
Creative Project |
82 |
3,489,480,220 |
9,847 |
Diversification extension project |
1 |
168,431,588 |
52 |
Extension modernization project |
13 |
321,433,339 |
1,215 |
Total |
96 |
3,979,345,147 |
11,114 |
The table opposite shows that in 2018, 96 investment projects were admitted to the benefits of the Investment Code for a total cost of USD 3,979,345,147 of which USD 625,718,942. All other things being equal, these projects can generate 11,114 permanent jobs.
It can be seen from this table that the creation projects are the most important with an amount of USD 3,489,480,220, i.e. 88% of the total cost of the approved projects. The same trend can also be observed in terms of jobs to be created. In fact, the creation projects will generate 9,847 jobs against 52 in favor of diversification extension projects and 1,215 in favor of modernization extension projects.
Breakdown of approved projects by sector of activity
It follows from the table below that the investments admitted to the Investment Code regime in 2018 are dominated by those in the services sector with 64 projects for a total investment cost estimated at 2,075,026. 397 USD, capable of generating 6,186 permanent jobs compared to other sectors including industry with 30 projects for a total cost of 1,785,373,904 USD, i.e. 45% of the total cost of investments approved in 2018 and infrastructure with 2 investment projects for a total investment cost of 77,416,210 USD. Such a trend must be improved in the future through appropriate investment promotion actions in order to admit much more to the benefits of investments projects in the industrial sector that generate added value.
Table n°6: Breakdown of projects by sector of activity
Sector of activity |
Number of Projects |
Investment cost |
Jobs to be created |
I. Services |
|
|
|
Telecommunications |
2 |
155 050 645 |
280 |
Hotels and real estate |
31 |
533 055 291 |
1 568 |
Inland waterway transport |
1 |
17 284 184 |
360 |
Air transport |
1 |
4 912 672 |
50 |
Road transport |
7 |
151 506 872 |
1 596 |
Electricity |
8 |
1 148 418 882 |
1654 |
Healthcare facilities |
3 |
6 644 759 |
131 |
Civil Engineering |
2 |
5 588 230 |
213 |
Other services |
9 |
52 564 862 |
334 |
Subtotal Services |
64 |
2 075 026 397 |
6 186 |
II. Industries |
|
|
|
Soaps and cosmetics |
- |
- |
- |
Building materials and similar products |
1 |
634 440 983 |
471 |
Products made of plastic, foam, rubber, ... |
- |
|
- |
Toilet paper and towels |
|
- |
- |
Manufacturing industry |
1 |
76294588 |
173 |
Copper and other ore processing |
|
|
|
Agro-industry |
15 |
109 382 428 |
2 441 |
Other Industries |
9 |
965 255 905 |
1 798 |
Subtotal Industry |
30 |
1 785 373 904 |
4 883 |
III Infrastructure |
|
|
|
Subtotal Infrastructure |
2 |
118 944 847 |
45 |
GRAND TOTAL |
96 |
3 979 345 147 |
11 114 |
Graph n°14: Presentation of projects by sector of activity
Source:ANAPI/Directorate of Approvals
Analysis of the source of the capital injected in the projects admitted to the Investment Code
The table below highlights the flow of foreign direct investment admitted under the Investment Code on the one hand, and those of investments by nationals on the other hand.
In fact, out of the 96 projects admitted to the Investment Code, 42 are FDIs, i.e. 43.75% of the total for a total investment cost of USD 2,830,396,658, representing 71.12% and the resulting difference represents the share of investments by nationals.
Table n°04:Distribution of projects approved by FDI and National Investments
Source of capital |
Number of projects
|
Investment cost in USD |
Jobs to be created |
Foreign Direct Investment |
42 |
2 830 396 658 |
5 234 |
Nationals’ investments |
54 |
1 148 948 489 |
5 880 |
Total |
96 |
3 979 345 147 |
11 114 |
The breakdown of Investments by nationality as shown in the table below, it should be noted that Chinese investments occupy the first place in the Top 15 with an investment cost of around USD 2,092,145,476, i.e. 52.57% of the total investment cost. This substantial performance indicates that China is one of the most important sites in the framework of targeting countries’ investments with regard to the generation of foreign direct investment.
Moreover, investments by nationals come in second place with 55 investment projects for an investment cost in the order of USD 1,152,967,717, representing 28.97%. This flow seems important and justifies why ANAPI’s promotion action must also be actively directed towards the investments of nationals through the missions of sensitization of investors in the Provinces.
Table n°5: Distribution of FDI by nationality
Ranking |
Nationality |
Investment costs |
Number of projects |
|
1th |
Chinese |
2 092 145 476 |
11 |
|
2th |
DRC |
1 152 967 717 |
55 |
|
3th |
UK |
237 855 407 |
2 |
|
4th |
Dutch |
117 414 913 |
3 |
|
5th |
Montenegro |
115 878 092 |
1 |
|
6th |
Belgian |
84 524 814 |
6 |
|
7th |
Mauritian |
70 303 156 |
2 |
|
8th |
Canadian |
43 668 211 |
2 |
|
9th |
American |
25 030 804 |
3 |
|
10th |
Turkish |
13 613 008 |
1 |
|
11th |
Israeli |
12 081 976 |
1 |
|
12th |
Lebanese |
4 912 672 |
5 |
|
13th |
French |
4 849 227 |
2 |
|
14th |
Seychelles’ |
2 215 877 |
1 |
|
15th |
Kenyan |
1 883 797 |
1 |
|
Total |
|
3 979 345 147 |
96 |
Table n°6: Provincial distribution of projects eligible under the Investment Code
N° |
Location/ Province |
Location/ Province |
Number of Projects |
Jobs to be created |
1 |
Province of Haut-Katanga |
1 905 865 559 |
9 |
1800 |
2 |
Inter Provincial |
1 488 928 498 |
14 |
2 716 |
3 |
Lualaba |
396 047 206 |
2 |
130 |
4 |
Kinshasa |
359 767 007 |
33 |
3 347 |
5 |
North –Kivu |
177 572 812 |
9 |
446 |
6 |
Kongo-Central |
120 917 722 |
6 |
288 |
7 |
Tshopo |
106 610 901 |
2 |
296 |
8 |
South-Kivu |
88 273 788 |
6 |
356 |
9 |
Equateur |
76 294 588 |
1 |
173 |
10 |
Haut-uélé |
22 684 743 |
5 |
285 |
11 |
Kwilu |
9 948 820 |
3 |
984 |
12 |
Kasaï-Oriental |
9 332 064 |
2 |
149 |
13 |
Ituri |
6 817 354 |
1 |
50 |
14 |
Tanganyika |
5 783 859 |
2 |
83 |
15 |
Province of South-Ubangi |
191 118 |
1 |
11 |
Total |
3 979 345 147 |
96 |
11 114 |
With regard to the above table, it should be noted that out of the 96 projects admitted to the Investment Code, 33 projects are located in the City-Province of Kinshasa, i.e. 34.37% of the total, followed by inter-provincial projects, i.e. located in more than one Province, i.e. 14 projects, the Provinces of Haut-Katanga and North Kivu with 9 projects each, the Province of Kongo-Central with 6 projects, etc. At the bottom of the ranking are Provinces such as South Ubangi with 1 project, Ituri with 1 project, and Equateur with 1 project. It should be noted that some Provinces such as Lomami, Haut-Lomami, and Nord-Ubangi... have no project.
Graphs n°15: Presentation of projects according to the volume of investments, the number of jobs to be created and the number of approved projects.
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