Sapped » projects http://www.sapped.in A Macro Stand In A Microcosm Fri, 20 Aug 2010 12:16:27 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 India’s Friendly Deal With Congo http://www.sapped.in/business/indias-friendly-deal-with-congo/ http://www.sapped.in/business/indias-friendly-deal-with-congo/#comments Thu, 29 Oct 2009 20:25:10 +0000 Spondita http://www.sapped.in/?p=536 courtesy hinduuonnet

courtesy hinduuonnet

Offering $263 million credits for setting up three projects ,which are, the 60-MW Katende hydroelectric power project which is expected to cost $160 millions, $50-million Kinshasa City Urban Railway System Rehabilitation project and $45-million Kakobola Hydro-electric power project in the Democratic Republic of the Congo and also for the enhancement of IT setor in the country, Indian Foreign Exchange Minister S.M. Krishna reportedly made the media aware of India’s hand of friendship towards the Central African country.The decisions were taken after Congo Foreign Minister, Alexis Thambwe Mwamba visited India for a four-day official visit.

Appreciating the meticulous work of the Indian contingent of 5,000 soldiers in the UN Mission to DR Congo (MONUC), Mwamba stated that India has ” not only engaged in peace-keeping but also carried out significant humanitarian work for the Congolese”.

Besides, India has also set to offer special slots for training Congolese women at Barefoot College in India to enhance theirs skills in solar electrification and water harvesting.

In April 2008, Congo President Joseph Kabila had visited India.

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