Ver Angola


Austrians continue to invest. This time there are 300 million dollars in the soil of Humpata

The Austrians continue with their eyes on Angola and this time they have 300 million dollars available to invest in the municipality of Humpata, in Huíla. To be made by the Austrian company Thomas Kiecmayer, the investment will be directed towards agriculture and eucalyptus production and is expected to take place later this year.

: Fober África Lusófona
Fober África Lusófona  

To this end, according to Francisco Leitão, responsible for the company associated with space prospecting at Thomas Kiecmayer, during the weekend a team carried out prospecting activities for areas in Bata-Bata and Palanca, in which it is planned to install the eucalyptus plantation project, which will later be used to produce paper and charcoal.

"We visited the two locations where studies were carried out for the cultivation and planting of trees, as well as for the assembly of a factory complex for the processing and transformation of food products and more", said the person in charge, speaking to Angop.

He also mentioned that negotiations to acquire and explore more areas close to the Humpata Municipal Administration are on track, with the company remaining open to possible investments in the location.

Although the exact date for the start of the investment has not been announced, it will cover 25 thousand hectares dedicated to the planting of cereals, vegetables, tubers and fruit plants, as well as the implementation of an industry to process and transform soybeans, corn and fruits, with a view to 1300 jobs will be created, writes Angop.

According to the person responsible, the company is already present in Cuvango, Matala and Chicomba, where it is developing a similar initiative.

In turn, Domingos Calumana, provincial director of the integrated economic development office, considered the company's investments to be "extremely important", as they will bring benefits to the locality, while Carlos Xavier, deputy administrator for the technical sector and infrastructure of the Humpata expressed satisfaction with the company's intentions, as it will contribute to economic development and reduce unemployment, writes Angop.


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