Project will increase the energy capacity provided from 8.4 to 34 megawatts, benefiting thousands of residents.
Lusofonia
Network in poor state following suspension of foreign aid in wake of US$2 billion loan scandal involving Finance Minister, Manuel Chang.
African republic suffering from severe water shortages which have led to famine in some provinces and have killed thousands of cattle.
Company has created a new energy technologies division, concentrating on strategic planning and research and development.
Chief Executive Ho Iat Seng says accord will provide fresh opportunities arising from Belt and Road Initiative.
Handling capacity up to 250,000 per year, while revamped port will be able to berth vessels of up to 80,000 tons.
Drilling in Exclusive Economic Zone started in April, reaching 5,638 metres; results to be released once analysis is concluded.
New value of fund – state’s prime source of income – is down from US$19.12 in March.
Figures for this year equally promising, having reached US$14.42 billion by end of June; oil and ornamental stones head Angolan exports.