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VMK investing 15 mln USD in DRC

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(Image Source: http://www.cp-africa.com)
Founder Verone Mankou announced the new Kinshasa facility this week and said that it is expected to be open by the end of October if the timetable remains steady and met. (Image Source: http://www.cp-africa.com)

The Republic of Congo is about to get a new agreement with mobile phone and tablet maker VMK, who announced it plans to invest some 15 million USD over the coming five years in order to establish a new factory in the Democratic Republic of Congo.

Founder Verone Mankou announced the new Kinshasa facility this week and said that it is expected to be open by the end of October if the timetable remains steady and met.

Mankou met with DRC’s deputy prime minister Thomas Luhaka responsible for all telecommunications in the country and said the visit secured the government’s support and backing for the VMK facility and market entry.

Mankou said that “we cannot be a leader on the continent without RDC, a large country with infinite potential, a necessary market for our strategic development.”

Luhaka responded by saying the DRC government “will give unfailing support to VMK’s installation.”

The company expects to create 500 jobs as it extends its presence beyond the capital over the next five years. The next target markets include Cote d’Ivoire and Cameroon. VMK currently employs 100 people at its assembly plant in Brazzaville.

Joseph Mayton

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