• The costs of export will decrease to 1303 US$/container (from 3505 US$/container) and to 23 days (instead of 44)
Main actions: revision of the regulatory framework and legal trade, in particular the implementation of OHADA legislation and updating of Commercial Code
IV. Economical & Industrial pool (6)
How to finance the program?
• Collect monthly or regular royalties for oil drilling or mine exploration
• Oil/gas-backed or minerals-backed guarantees
• Establishment of the National Fund Sovereign Wealth which controls resource extraction nascent mining sector and forestry
• Creation of a Development Bank (see model South African Industrial Development Corporation - IDC) to accompany and support the government and the private sector in effort and mobilization of financing for development projects
• Foreign Direct Investment credit lines of private sector
• Public and Private Partnerships (contract type "Build Operate and Transfer (BOT)” )
• A “Solidarity Fund” from the construction sector (a bank guarantee from the EIB would create tremendous leverage for the European contractors)
• Realization of innovative financing hybrid type (see "Chinese contracts”)
V. Make Congo an Energy and Environmental Power
1. Electricity Sector
Objectives:
• The growth rate of the industrial electricity will increase on average 11.3% annually between 2012-2016 and the actual production of electricity will increase by at least 600 MW over the period of 2010 - 2013
• Electrical service rate will increase from 9% currently to 45% by 2016.
Main actions:
• Completing the restructuring and reform of SNEL energy
• Allow the entry of private operators in the production and possibly in the distribution
• Strengthening the interconnection electricity with neighbouring countries Southern African Power Pool
• Restore Electrical and existing transport infrastructure, solar energy and hydroelectric power generation from Lake Kivu
V. Make Congo an Energy and Environmental Power (2)
2. Oil and gas
Objectives:
• by 2013, the oil and gas production will increase from 25 000 to 225 000 barrels per day
• The rate of supply of petroleum products will increase from 70% to 98% and the rate of access of the population to bio fuel should reach 10% in 2013