Skip to content
Menu

Angola’s Huambo province calls for Chinese investment

Governor Lotti Nolika pledges to enhance partnerships with Chinese entrepreneurs in agriculture and industry.

ARTICLE BY

PUBLISHED

READING TIME

Less than 1 minute Minutes

Governor Lotti Nolika pledges to enhance partnerships with Chinese entrepreneurs in agriculture and industry.

ARTICLE BY

PUBLISHED

READING TIME

Less than 1 minute Minutes

Chinese private investments are welcomed in Angola’s central region to boost regional socioeconomic development, the governor of Huambo province has said.

Lotti Nolika, Huambo’s governor, held a working visit with the Chinese Ambassador to Angola, Gong Tao, at a Chinese-donated training centre in Huambo Province at the end of last week.

Nolika pledged to enhance partnerships with Chinese entrepreneurs in agriculture and industry, adding that Huambo has various practical cooperation projects with China.

Gong Tao said the Chinese investments fit well with Angola’s development policies and economic diversification.

“The province’s development potential might interest Chinese entrepreneurs for continuous investment in more areas of this region,” he said.

Angola’s Caculo Cabaça dam, under construction in Cuanza-Norte province, will boost energy access in the centre of the country, through the Huambo-Lubango line.

The contract with China Gezhouba Group for the construction of the dam, valued at around US$ 4.5 billion, includes all the transport links, totaling more than 1,300 kilometres.

 

Send this to a friend