Replies to post #6124 on Smart Ventures Inc. (SMVR)

[Runners123]

What is your problem Kingpin. We aren't doing DD for you. You keep looking for some negatives here. WHY? If you don't like the landscape then leave. This is gonna make some people a lot of money.

[PENNIEStoSTACKS]

I'll let you know what I found after I finish accumulating.

[Andy3077]

It's probably a scam.

[PENNIEStoSTACKS]

7.2. Drivers of future growth
Going forward, economic growth will be stimulated by four massive projects: the 6 billion US dollars resource-for-infrastructure investment deal between the DRC and China, the 5,76 billion US dollars plan to build agricultural industrial parks, the 12 billion US dollars development of the Grand Inga III hydroelectric complex and the exploitation of hydrocarbons. First, in 2008, the Congo entered with China, its largest trading partner, into its biggest mining deal since its Independence in 1960. The 6 billion US dollars deal entitles China to export a certain amount of copper and cobalt, in return for which China agreed to implement a nationwide plan of infrastructure construction in the Congo. The infrastructures that Chinese state-owned construction firms are building are expected to remove important bottlenecks preventing the Congo from reaching its full economic potential.

Second, the government opened in July 2014 the Bukanga-Longo Park, the first agro-industrial park in the DRC. Two years earlier, the Congolese President promulgated a law enunciating the fundamental principles of agriculture . Located in the Bandundu province, the Park is aimed at boosting agricultural productivity and catering to the needs of the population in terms of food security. The Bukanga-Longo Park is part of a 5.73 billion US dollar plan to build about 20 agro-industrial parks. [31] Through these parks, which enjoy the status of special economic zones, the government intends to create one million jobs and to reduce from 54% to 20% the proportion of the population suffering from malnutrition. [32]

In May 2013, the DRC and South Africa signed a treaty on the construction of Inga III. In terms of the agreement, South Africa will be the principal purchaser of the power generated by Inga III, which is expected to produce 4,300 megawatts by 2019/2020. Inga III is one of the seven phases in the bigger 80 billion US dollars plan to develop Grand Inga, the world’s largest hydropower scheme, thanks to the lower Congo River in the DRC. [33] The Congolese government stated that construction work should begin in 2015. Lastly, the tabling of a bill on hydrocarbons and the recent discovery of a 3 billion barrels oil reserve in Province Orientale in 2014, in addition to existing and untapped oil reserves, is likely to usher in a golden era of oil and gas in the DRC.
http://www.nyulawglobal.org/globalex/Democratic_Republic_Congo1.htm