Decision expected by year end; port can handle up to 250,000 TEU and 600,000 tons of non-containerised cargo annually.
Lusofonia
Plan to build 200 new airports to encourage industrial relocation are forecast to make China’s aviation market the largest in the world.
Project, which includes new control tower and lengthening the runway to 2,100 metres, will open up the country and vastly improve trade and investment.
Bank is already financing projects connected to Angola’s import substitution plan and agriculture.
Reserves forecast to last for 20 years, and mine is expected to create 450 local jobs.
Prices up 40% compared to September 2020, with exporters shipping up to 12,400 tonnes per day.
By 2024 digital coverage should reach 85% of the country; hundreds of newly trained technicians will help with customer care.
Last year’s record figures likely to be surpassed as both countries’ exports and imports increase sharply.
Mixed-use development in Portuguese capital marks departure for Chinese conglomerate which previously concentrated on luxury market.