Ver Angola

Transports

Angola buys 600 buses for around 350 million dollars

The President of the Republic awarded the purchase of 600 buses for around 350 million dollars (323.5 million euros) to a consortium that includes the company Opaia Europa, from the Angolan group Opaia and IDC International Trading, from Dubai.

: RNA
RNA  

According to a presidential order consulted this Monday by Lusa, the purchase of the buses, financed by a credit line from Standard Chartered Bank, is intended to reinforce the urban passenger transport network across the country.

The Minister of Transport will be responsible for verifying the validity and legality of all acts, as well as for concluding and signing the contract, with the Minister of Finance being responsible for initiating the negotiation of the loan and ensuring the necessary financial resources.

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