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| This year’s democratric elections
will be the first since 1960. |
You signed
a historic peace accord in April 2003 under
which you remain as head of state during
a transition period of two to three years.
After this, the countrys first democratic
elections since 1960 will be held. What
further challenges lie ahead?
Joseph Kabila:
We need help with the funding of the elections,
and we are looking to the international
community for this. The next big challenges
will be to ensure peace and security after
the elections, to maintain political and
economic stability, and make sure that development
becomes a reality.
The DRC is
one of the largest countries in Africa and
has huge economic and natural resources.
What are you looking for in potential investors
and what is being done to attract them?
The DRC could
be one of the richest countries in Africa
but it needs expertise, finance, technology
and know-how. We are making the country
more attractive for investors. In 2002 we
adopted an investment code to cut the red
tape and the bureaucracy that surrounded
the creation of companies and to make it
easier for foreign companies moving here.
We also have a one-stop shop, the National
Agency for the Promotion of Investments
(ANAPI).
What sectors
hold the most potential and where do your
priorities for reconstruction lie?
Mining has
been one of the DRCs stronger sectors,
but we need investment, technology and long-term
experience. For this were looking
to the U.S., Australia, Canada and South
Africa. There is definitely potential and
we have to exploit it. Agriculture represents
around 50 percent of gross domestic product
(GDP), but the problem is that this is not
mechanized. We need investment and expertise
in order to raise the countrys output.
We also have potential in oil and petroleum.
Our current production is 30,000 barrels
per day (bpd) from the offshore terminals,
but with time we aim to increase production
to 100,000 bpd and more.
However, no
economic sector can be successful without
solid infrastructure. Under the current
World Bank program we are rebuilding what
has been destroyed by over 40 years of neglect.
This is our main priority and 60 percent
of everything we have received has gone
into reconstructing roads, bridges and other
infrastructure.
How do you
see the future of the DRC?
Our country
is potentially the engine of Africa. After
the elections, there is nothing to stop
Congo from taking off.
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