Are you looking for some profitable business opportunities in the Democratic Republic of Congo? If yes, you have landed on the right page. This blog will let you know about the very demanding market opportunities of Congo.
As the economy of the Congo is increasingly getting better every year, the scope of doing business here will be a good idea.
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1. Textile Business
One of the textile items most sought after in DR Congo is simple tissue cotton fabrics measuring between 100-200 grams and weighing more than 85% cotton by weight.
Related Projects:- Textile, Apparel, Clothing, Denim wear, Innerwear, Lingerie, Hosiery, Denim Jeans, Readymade Garments and Under Garments Industry.
The industry is up to $ 23.9 million, with the Netherlands, India, and Belgium dominating. In this company, it is worth exploring the demand for sacks and bags for the packaging of products manufactured from materials except for polyethylene. In 2019, the East Africa Community (EAC) provided textiles worth 30.7 million dollars (53.3 percent or 16.3 million dollars) and most of these were from Rwanda.
In the period 2014-2018, textile exports of Rwanda to the DRC have risen steadily, while Tanzania has fluctuated considerably during the same period. Textile exports to the DRC in the period 2015-2017 rose considerably high.
2. Agriculture Business
The DRC can become a major agricultural power with 80 million acres of arable land and 4 million hectares of irrigated land and a lot of rivers with significant fishing opportunities. And if the agriculture sector contributes 18% of GDP and accounts for more than 60% of employment, food security and income generation and productive jobs are not guaranteed. Cafe, palm oil, rubber, cotton, rice, tea, and cocoa are the primary cash crops. Cocoa and coffee for export have been developed successfully. Cassava, plantains, corn, groundnuts, and rice are also included in the food crops.
Related Books- Agriculture, Agro Based, Bakery, Wood, Ice Cream, Chocolate Cereal Food, Confectionery, Dairy, Farming, Fisheries, Food & Beverages, Fruits, Meat, Milk, Oils & Fats, Snacks, Spices, Vegetables, Flowers, Rice, Wheat, Corn, Tobacco And Tobacco Products
Trade farm productivity remains small and the majority of farmers continue to invest in livelihood food farming. The GDRC is promoting the establishment of agro-industrial parks in various parts of the DRC to deal with the food shortage.
3. Furniture Business
Congolese have expanded a broad base in this wood-based industry. They have a range of different furniture taking over the market. This flourishing market is sure to make high profits for new entrepreneurs. Wood-based business is considered favorable anywhere as they are necessary for every household and the figures of the country show significant growth in the business.
Related Videos:- Wood and Wood Products, Plywood, Particle Board, Wooden Furniture, Bamboo, Forest Product, Wood Plastic Composite, Timber and Woodworking
The world’s furniture market is expected to reach US$800,596 million by 2025. CAGR is estimated to be 3.5% between 2018 and 2025. Multiple things are made of furniture and they are available in different styles. Moveable pieces such as desks, chairs, cupboards, table, and bar or decorative elements that can be seen in various ways. The forestry market for Congo is highly profitable. More than 13 million hectares of forests. Niches, such as the construction of furniture and woodworking equipment, are of particular importance.
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4. Fruit Juice and Beverage Business
The Democratic Republic of Congo is well grown with mango, lime, pineapple, banana, coffee, and other fruits and vegetables. High-fruit food items are becoming increasingly popular. The intake of Congolese drinks is geared towards soft, vitamin-free juices and, for the majority, chemical drinks. The aim is to create a food that is more vitamins, natural and local in flavor.
Due to improvements in the flavor and nutritional value of fruit spreads, the global fruit spreads are projected to grow. Using a fruit juice and jam manufacturing facility to take advantage of business opportunities.
NIIR PROJECT CONSULTANCY SERVICES (NPCS) is the trustworthy brand for integrated strategic advisory services in the manufacturing world. NPCS consists of architects, designers, consultants, accounting experts, economic researchers, and architecture professionals with vast industry expertise. Our detailed project report attempts to provide any developer who wishes to enter into a project with all the essential details. If a current enterprise expands or as entrepreneurs enter a new enterprise, entrepreneurs often face the problem of zeroing in on an appropriate product/line.
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