Ver Angola

Environment

Serbian investors want to produce and transform corn and soybeans in Angola

Serbian investors want to invest more in Angola, after the successful installation of the sweets factory in the Special Economic Zone (ZEE) Luanda-Bengo, budgeted at around 14 million euros. The interest was expressed by the Serbian ambassador to Angola, Milos Perisic, in an audience with the Minister of Economy and Planning, Mário Caetano João.

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Thus, Serbia has its sights set on the production and processing of corn and soybeans on a large scale, according to the ambassador, who indicated an "initial need of 10,000 hectares".

Cited in a statement from the Ministry of Economy and Planning, which VerAngola had access to, Milos Perisic made it known that investors in his country "want to participate in PLANAGRÃO with direct investment, in the production and processing of corn and soybeans", as well as also interested in investing in the construction of "an assembly line for tractors and the production of agricultural implements".

"Our investors want to participate in PLANAGRÃO with direct investment, in the production and processing of corn and soybeans. They also want to invest in the construction of a tractor assembly line and the production of agricultural implements", he said.

However, Serbia's sights are not just on agribusiness. According to the Serbian diplomat, the European country is also interested in salt. "According to the ambassador, it is not just agribusiness that interests Serbia, salt is also a product that is highly sought after by the country's industrial market", reads the statement.

The sweets manufacturing unit in the ZEE "has proved to be a success, and for that reason, it already plans to export its products to São Tomé, Zambia and Mozambique, and the next markets will be the DRC, Namibia and South Africa", adds the note.

Mário Caetano João invited and the Serbian diplomat ensured the presence of businessmen from Serbia at the Angola Economic Outlook, to be held in April, followed by a business forum. "Businessmen from that Balkan country, soon after, go to the field to visit the possible areas of direct investment in the framework of PLANAGRÃO", reads in the communiqué.

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