Ver Angola


Barra do Dande Free Zone with more funding in an amount budgeted at 200 million

The Free Zone of Barra do Dande has more funding. Evaluated at 200 million dollars, this funding will make it possible to begin the implementation of the basic infrastructure for the first phase of the project.


The agreement for this financing was signed this Thursday, in the Italian capital, and should "open doors" for the "start-up of the project, later this year, with Italian partners, according to the Minister of Transport, Ricardo D'Abreu", refers the Ministry of Transport, in a note to which VerAngola had access.

Already according to a brief note from the Presidency of the Republic, on Thursday three legal instruments were signed, including a Memorandum of Understanding between the Ministry of Transport and the Italian Societá Per Azioni in the field of "technological support for the implementation of projects strategic plans for the construction and modernization of port and airport infrastructures and existing or future naval bases".

In addition to the aforementioned memorandum, advances the Presidency, two other agreements were also signed: a Memorandum of Understanding between the Private Investment and Export Promotion Agency (AIPEX) and the Agency for the Promotion Abroad and Internationalization of Italian Companies and yet another between the Ministry of Finance and the Italian entity Cassa Depositi e Prestiti S.P.A.

It should be noted that the Free Integrated Development Zone of Barra do Dande is located in Barra do Dande (Bengo), being included in the State Land Reserve.

"It will be implanted in a total land area of 5465 hectares, and is located 40 kilometers northeast of Luanda and 30 kilometers west of Caxito", adds the ministry's note.

The creation of an integrated development terminal in Barra do Dande and related free zone aims to ensure "food and energy security and the economic and industrial development of the country", among others.

"For the management and exploitation of the aforementioned project, Sociedade de Desenvolvimento da Barra do Dande, S.A. Sociedade Anónima, in the public domain, was formed in 2021", says the note from the guardianship.

It is recalled that João Lourenço carried out, on Wednesday and Thursday, a state visit to Italy, with an agenda marked by meetings with his Italian counterpart, Sergio Mattarella, Prime Minister Giorgia Meloni, among others.


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