Ver Angola

Industry

Serbia invests 15 million in cookie factory in ZEE

About 15 million dollars is how much Serbia will invest in the implementation of a biscuit and chocolate factory in the Special Economic Zone (ZEE). The installation of the unit is scheduled for July or August this year.

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The information was provided by the Serbian ambassador to Angola, Milos Perisic, who added that the installation of this factory represents the first industrial investment by his country in Angola, in particular, and in sub-Saharan Africa, in general terms.

The diplomat was also willing to work in order to provide opportunities for Angolan business to export 'made in Angola' products to Serbia, writes Angop.

The market in that European country, according to Angop, has in its sights at the Angolan bananas, coffee, cocoa, wood, granite and marble.

Currently, Angola is not yet exporting products to Serbia. However, the European country sends food products and services in the fields of new technologies and defense to Angolan soil.

Speaking on the sidelines of the disclosure by the Angola/Serbian Chamber of Commerce and Industry (CCIAS), the ambassador also mentioned that the governments of the two countries intend to increase the value of their trade – which stood at 1.2 million dollars in the year. past.

Cited by Angop, Milos Perisic indicated that the countries intend to reach a minimum of 50 million dollars annually.

On the occasion, Massunga Henriques, president of CCIAS, classified the commercial collaboration between the business community as important since it will enable the exploitation of the economic potential of both countries.

Also quoted by Angop, he considered that the CCIAS will serve as a means of simplifying trade between the two countries and took the opportunity to announce Angola's presence in the largest agricultural fair in Eastern Europe, which will take place in Serbia, from 20 to May 26th.

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