New Delhi: A delegation from Export‑Import (Exim) Bank of India, accompanied by Mr. Sanjeev Kumar, First Secretary at the Indian Embassy, and representatives of the Project Authority, visited the 600 tonnes-per-day (TPD) cement plant in Tao Tao on 5–6 August 2025. The visit aimed to assess progress on this infrastructure project financed through the Government of India’s concessional Line of Credit.
Site Visit Highlights Development Stage
Over the two-day visit, the delegation reviewed on-ground construction and operational readiness. The cement plant, currently under development, is expected to become a critical contributor to the Republic of Congo’s growth by fostering local employment and supporting infrastructure development.
Once operational, the cement plant will facilitate local job creation and bolster construction capabilities, enhancing the nation’s self-reliance in building materials.
India’s Support Through Concessional Funding
The project is being executed under a concessional Line of Credit extended by the Government of India, demonstrating bilateral cooperation and India’s commitment to infrastructure support in Africa. The initiative aligns with India’s broader strategy of promoting sustainable development in partner countries through concessional financing tools.
About Exim Bank
Export-Import Bank of India (Exim Bank) is a premier financial institution wholly owned by the Government of India. Established in 1982, the bank plays a vital role in promoting cross-border trade and investment. It provides a range of financial products including buyer’s credit, Lines of Credit, project finance, and export credit. Exim Bank is instrumental in supporting India’s economic diplomacy by funding critical infrastructure and development projects in partner countries, thereby strengthening India’s global trade relationships and strategic influence.
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