Ver Angola


Forum in Macau ends with agreements for infrastructure in Angola

The 15th International Forum on Investment and Infrastructure Construction ended this Friday in Macau with the signing of 38 agreements, the largest of which involved projects in Angola and Brazil, announced one of the organizers.

: Facebook Ministério da Energia e Águas
Facebook Ministério da Energia e Águas  

The president of the China International Building Builders Association said that over the three days, the forum received more than 3500 guests from more than 70 countries and regions across all continents.

At a press conference, Fang Qiuchen added that the agreements signed during the forum involve 22 countries and regions and a total value of 13 billion dollars.

At the same conference, the president of the Macau Trade and Investment Promotion Institute (IPIM) revealed that "the largest-scale projects include infrastructure projects in two Portuguese-speaking countries, namely Angola and Brazil".

Furthermore, "some construction companies in Macau signed cooperation memorandums to carry out infrastructure projects in Timor-Leste", said Vincent U U Sang.

In a written response, IPIM told Lusa that six agreements were signed involving Portuguese-speaking countries, in areas such as electricity supply and distribution, transport, ports, production of metallic materials and drinking water infrastructure.

Hours earlier, the Minister of Public Works, Urbanism and Housing, Carlos dos Santos, told Lusa that he had reached an agreement with the Chinese state company China Road and Bridge Corporation to build the country's first highway.

"This highway, which is around 1400 kilometers long, will connect the southern part of Angola with neighboring Namibia, to the northern part of Angola, with the Democratic Republic of Congo", explained the official.

The Chinese group is expected to complete the studies by "the middle or end of 2025" and the minister predicted the start of construction "at the end of 2025 or 2026", with the works estimated at 2.5 billion dollars.

On Thursday, Angola's Minister of Energy and Water told Macau public television TDM that the country would sign agreements with two Chinese state-owned companies, Powerchina and a subsidiary of China State Grid.

João Baptista Borges explained that the memoranda provide for the construction of electricity transmission systems to increase the rate of electrification in southern Angola and to export energy to neighboring countries.

Hours earlier, the government official had given a speech at the forum calling for Chinese private investment in the generation and supply of electricity in Angola.

Borges argued that this sector is "a market opportunity given the country's industrial potential, its regional economic integration, as well as its internal consumption potential".

Also on Thursday, the Brazilian infrastructure, transport and services concession group CCR signed an agreement with a Chinese company for the engineering project for the extension of a railway line in São Paulo, in southeastern Brazil.

The executive director of the CCR, Márcio Magalhães Hannas, told TDM that the 15-kilometer extension, estimated at five billion yuan (644 million euros), would serve an additional 85,000 passengers each business day.

The bottled water company Timor Macau Agua Nova Unipessoal, Lda signed agreements with companies from Macau and the neighboring special economic zone of Hengqin (Mountain Island) also on Thursday.

The company's general director, Lao Kam Chio, told TDM that the initial investment will be two million dollars, but that it could increase with the expansion of cooperation to the markets of Portuguese-speaking African countries.


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