Ver Angola

Economy

China will continue to mobilize investment for Angola despite difficulties

China's ambassador to Angola, Gong Tao, said this Tuesday in Luanda that his government will continue to mobilize Chinese investments to Angola, despite the country's current economic difficulties.

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Gong Tao was speaking at the end of an audience with President João Lourenço.

"I am very confident that the economic situation in Angola will improve a lot this year, despite all these difficulties, [it will] accompany economic growth and also be able to attract foreign investments by private initiative companies, I think that in this area the Chinese side can do a lot "he stated.

The Chinese diplomat highlighted the good results of the efforts and successes of the reforms carried out by the Government, which created a better environment for Chinese entrepreneurs in the areas of industry, agriculture, commerce, information technology, car sales, agriculture and training.

"All of this makes these initiatives, these new investments from China, our economic relations stronger," he said.

The Chinese ambassador reiterated China's support to Angola in accessing vaccines against covid-19, both in the context of bilateral cooperation, through donations, acquisition and also international support, namely the Covax initiative, highlighting the strategic partnership existing between the two countries.

"China has also contributed more than 10 million doses of Chinese vaccines to the Covax initiative," he said.

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