Ver Angola


Investors and AIPEX sign five contracts worth 446.7 million

Five private investment contracts, in the amount of 446.7 million dollars, will be signed this Wednesday between the Private Investment and Export Promotion Agency (AIPEX) and investors from the transformed, petrochemical, marketing and distribution of food goods sectors. It is estimated that the implementation of the projects will create 1247 direct jobs.


More than half of the total value relates to an investment of mixed origin (Angola/Malta). In other words, of the 446.7 million dollars, 303.3 million dollars - about 68 percent - refer to an investment related to the Cabinda Refinery. The remaining around 30 percent of the general investment concerns four other projects, to be carried out in Luanda.

In addition to the investment of mixed origin, the list also includes investments of national, Portuguese and Canadian origin, according to a note quoted by Angop.

Among the investors is Articruz – a company of national origin – which will invest 50.6 million dollars in the production of hygiene and cleaning materials.

At the national level, Spar also stands out, which will invest 21.09 million dollars in the trade and distribution of foodstuffs.

The Portuguese investment, in the amount of 50 million, comes from Ferpinta Angola and will be directed to the production of metal-mechanical products.

In turn, the Canadian investment corresponds to 21.7 million dollars and comes via Fabrimetal for the production of ferrous metals for the civil construction sector.

According to the note, quoted by Angop, it is estimated that the execution of these projects will generate 1247 direct jobs (1200 for nationals and 47 for expatriates).


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