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News > International newsDate:2017-09-14
This project is located in the southwest of the Congo (cloth) port city of black Angle meerkats village, a total investment of more than $1.3 billion, by the China spring and McGonagall mining company investment group holdings listed companies Canada, actual development main body for Congo mining potash company (MPC).
MPC Wang Fuliang company deputy general manager, told reporters that as Africa's largest potash project investment projects, and China in the biggest industrial production mungo potash projects between China and Congo (cloth) government support, including Congo for enterprise income tax preferential policies and import duties. And this project will create nearly 1000 direct jobs for local, help to promote the Congo (cloth) economic diversification development.
Deposits in the republic of Congo and geological minister Pierre Obama said at the opening ceremony that day, mungo potash project in Congo (cloth), and even in central Africa one of the major industrial projects, will improve the youth employment, increasing the income of local residents.
According to the plan, the project is officially put into production at the end of 2015, with an annual production capacity of 1.2 million tons of potash, and the annual sales revenue is expected to exceed 500 million us dollars.