Ambassador Gong Tao says China remains interested in consolidating strategic cooperation with Angola in the production sector and in carrying out investments.
Lusofonia
Wide-ranging report warns that effects of Covid-19 and war in Ukraine will further increase infrastructure construction costs.
Group will also set up 70 stations in Italy, 55 in France and 55 in Spain as part of 22.7 million euro project.
Inflow reflects recovery of Latin America’s largest economy, whose economic growth is estimated at 2.67 per cent in 2022.
Companies from Africa, Europe and Asia train their sights on massive project, which should provide enormous economic benefits when it opens in 2030.
African republic has plentiful water but until recently lacked infrastructure, hampering industrial development and depriving residents of drinking water.
Macao gaming magnate reportedly facing financial stress, with Cabo Verde casino complex only partially built.
US, France and Italy supply most foreign direct investment to oil sector; South Africa, Belarus, Portugal and China main contenders for investment in other areas.
Agreement marks significant boost for industry, which already exports US$330.5 million of peanuts annually.