Lyu Xinhua delivers a speech at the conference on investment and trade between China and Congo (Brazzaville), Sept 25, 2017First, Congo has set up the Sino-Congolese Bank for Africa (BSCA), a joint venture between the Congolese government and the Agriculture Bank of China; Congo is a portal country to the Western African market, with a deep-water port on the west coast along the Atlantic Ocean; the political situation in Congo is quite stable; the government of Congo approved to promote investment in the country in 2015 and the Agency for the Promotion of Investment in Congo will provide detailed information on investment and opportunities to enter the countryIM体育注册APP在线"In Cameroon and Cote d'Ivoire, I have reached consensus with the entrepreneurs who have the intent to cooperate with me in textile production and products," he saidSun Xinwei, deputy general manager of China State Construction Engineering Corp Central and Western African Region, advised that Chinese companies engaging in any large infrastructure projects in Congo should be aware of expenses for the period after the project is completed and before the official operation, as the Congolese government is suffering from an economic downturn due to oil price drop from 2014, which results in delayed paymentLyu also eased local worries about the polluIM体育注册APP在线tion that comes along with industrializationChina is the top trade partner and the largest engineering project contractor of Congo