Friday 5 June 2020

KINSHASA: N'DJILI AIRPORT LOAN, CHINESE GOVERNMENT FINALLY RESPONDS



The government of China, through its embassy in Kinshasa, has finally added its voice on the alleged loan granted to the Congelese government, for the construction of a new Kinshasa International Airport.

In a statement, the embassy denied that Exim Bank, the Chinese state development bank, had concluded such agreement; but instead it had proposed a loan offer which was to be repaid in a period of 20 years. The statement then added that, the Congolese government had been studying the offer and it's yet to approved it.

The embassy further denied claims made by local NGO, Association for Access to Justice(ACAJ), that Exim Bank had filed a legal complaint against the Congolese government at an international court of arbitration, over a default loan agreement.

Last week the debate around the construction of the new airport took centre stage after Transport Minister Didier Mazenga told members of the Senate that, government will be using 90% of revenue it generates from the GO PASS aiport levy to repay USD555 million it owed to Exim Bank.

 The money was meant to finance 85% of the construction work for the new terminal. However 2 years later, after the project was inaugurated by former President Joseph Kabila, not a single building structure has been built.

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