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    Home»Economy»Mayoko Iron Deal Signals Congo-Turkey Economic Pivot
    Economy

    Mayoko Iron Deal Signals Congo-Turkey Economic Pivot

    By Congo Times2 September 20254 Mins Read
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    Strategic Value of Mayoko Iron Reserves

    When President Denis Sassou Nguesso lands in Mayoko in the Niari department, he will be stepping onto terrain that hosts one of Central Africa’s largest untapped iron deposits. Government data released in Brazzaville last August attributes to the Mayoko-Moussondji permit an estimated 917 million tonnes of reserves, of which 38.5 million tonnes can be extracted immediately. Projections submitted by Ulsan Mining Congo S.A.U. envisage an initial annual output of 300 000 tonnes, scaling to 16.5 million tonnes once hard-rock seams are exploited. By any regional measure the 30-year licence marks a cornerstone in Congo-Brazzaville’s agenda to reduce dependency on crude oil exports and broaden its industrial base (Ministry of Mines communiqué, 28 August 2023).

    Railway Modernisation as Catalyst for Competitiveness

    Raw output alone will not re-shape the macro-economic profile of the Republic of the Congo; logistics will. Cognisant of that reality, Ulsan Mining and the historic Chemin de fer Congo-Océan concluded on 18 July a 737-million-euro convention to rehabilitate the 510-kilometre corridor connecting Mayoko with the Atlantic port of Pointe-Noire. The agreement provides for track renewal, bridge reinforcement and the acquisition of twenty locomotives and more than three-hundred wagons. CFCO officials believe the upgraded line could eventually carry up to twenty million tonnes of freight annually, enabling Congo to compete with regional producers that already benefit from deep-sea access.

    Towards an Integrated Metallurgical Hub

    Beyond rail, Ulsan’s roadmap includes the construction of a two-billion-dollar smelter in Pointe-Noire, designed to convert a share of Mayoko’s ore into billets and semi-finished steel. Such downstream processing is expected to multiply value addition, curb the outflow of unrefined resources and stimulate ancillary industries, from maintenance services to specialised training centres. Representatives of the Pointe-Noire Special Economic Zone told the national daily Les Dépêches de Brazzaville that preliminary environmental and social impact studies are already under review, underscoring an institutional drive to fast-track the industrial component while respecting regulatory safeguards.

    Diplomatic Vectors in Congo–Turkey Partnership

    The scale of the engagement testifies to the growing diplomatic rapport between Brazzaville and Ankara. Trade figures compiled by the Turkish Ministry of Commerce show bilateral exchanges rising from 57 million dollars in 2019 to 214 million dollars in 2022, a trajectory now poised to accelerate. Turkish Ambassador Serhan Yigit described the iron project as “a flagship of South–South cooperation anchored in mutual benefit” during a press briefing in Brazzaville in September. For Congo, Turkish capital offers a complementary channel to traditional partners, while for Turkey the project secures long-term supply options and a strategic foothold at the mouth of the Congo River.

    Implications for Economic Diversification and Governance

    President Sassou Nguesso has repeatedly linked large-scale resource projects to wider national planning instruments such as the National Development Plan 2022-2026. In recent cabinet sessions he called for coherent fiscal incentives, streamlined customs corridors and transparent revenue management to ensure that mining-derived income translates into broad-based growth. Economists at the University Marien Ngouabi note that, if executed as scheduled, the Mayoko value chain could lift mining’s contribution to GDP from the current 3 percent to near double digits by the end of the decade, all while generating several thousand direct and indirect jobs.

    A Visit Framed by Continuity and Reform

    The President’s return to Mayoko, his first since late 1979, therefore carries both symbolic and practical weight. Symbolically, it re-affirms the state’s intent to unlock dormant assets in the south and integrate them with opportunities in the Sangha and Cuvette regions through a prospective north-south rail spine long advocated by the head of state. Practically, it provides a platform to monitor compliance with contractual milestones, gauge community expectations and reassure investors of policy stability. Government insiders suggest that announcements on additional infrastructure financing could accompany the visit, reinforcing the perception of Congo-Brazzaville as a predictable partner in an increasingly complex commodity landscape.

    CFCO railway Congo–Turkey relations Denis Sassou Nguesso Mayoko iron Ulsan Mining Congo
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