DRC: Economic Model for Resource For Infrastructure Deal
In partnership with the Carter Center, CCSI developed two economic models for the Sicomines mine in the DRC. The models compared the financial flows under the resource for infrastructure deal with a ‘traditional’ contract under the mining code of the DRC. The collaboration agreement between the Congolese Government and a consortium of Chinese companies is one of the most prominent resource for infrastructure deals, with Chinese investors providing a concessional loan of US$3 billion for infrastructure investments that are unrelated to the mining project and US$3 billion for the copper-cobalt mine itself. The loan is to be repaid through the profits of the mining project, which started operations in 2015.