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DRC-Growth with Governance in the Mineral Sector

Sector: Manufacturing (Industrial) • Location: Congo, Democratic Republic of

Source: World Bank

Project
Closed

The objectives of the Growth with Governance in the Mineral Sector Project for Congo, Democratic Republic of (DRC) is to strengthen the capacity of key institutions to manage the minerals sector, improve the conditions for increased investments in and revenues from mining, and help increase the socio-economic benefits from artisanal and industrial mining in project areas. There are five components

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The project “DRC-Growth with Governance in the Mineral Sector” is an infrastructure initiative in the Manufacturing (Industrial) sector, located in Congo, Democratic Republic of. Taiyo aggregates data on it from World Bank.

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Participants

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closed

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Description

Description

The objectives of the Growth with Governance in the Mineral Sector Project for Congo, Democratic Republic of (DRC) is to strengthen the capacity of key institutions to manage the minerals sector, improve the conditions for increased investments in and revenues from mining, and help increase the socio-economic benefits from artisanal and industrial mining in project areas. There are five components to the project, the first component being ensure access to resources. The main objective of this component is to address fundamental impediments to accessing resources and to create an enabling environment for mining development operations in DRC. The project will support activities designed to improve the policy, legal, and regulatory framework and develop the country's geo-data infrastructure. The second component is the build sector management capacity. The third component is the enhance transparency and accountability. To assist the Government in capturing taxes from the mining sector, the project will help to streamline and reinforce government tax administration departments and strengthen tax collection and revenues. The project will complement the efforts under other World Bank and donor projects to strengthen capacities; and will promote the development of mechanisms for civil society to monitor transparency and accountability in the sector. The fourth component is the build up sustainable development settings. Finally, the fifth component is the project coordination and management. This component will support: (a) project coordination and management of procurement, financial management, and disbursement; and (b) monitoring and evaluation of project implementation, including reporting, audits, and assessment of safeguards policies.

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Source reliability

High

Data quality score

100%

Source

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URL

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