Congo, Democratic Republic - Joint Ventures/LicensingCongo (DR) - Joint Ventures/Licensing
There are opportunities for foreign businesses to enter into joint ventures with foreign and domestic firms operating in the DRC. Congolese private businesses and parastatals seek foreign partners when undertaking resource and innovation intensive undertakings such as infrastructure, IT, power generation, mining, and other extractives projects. While joint ventures present real opportunities for companies seeking to work in the DRC, companies should conduct proper due diligence before entering into agreements with foreign or local partners in the DRC.
Licensing is required in some industries such as telecommunications, mining, banking, and insurance.