"Phase 1 of this project will cover 860 hectares, approximately 16 percent of the total area allocated to the concession; it involves a set of infrastructure investments of around 600 million dollars and a private investment of approximately US$950 million", said the minister. of Transport during the management contract signing session.
The Barra do Dande Development Society and the Ministry of Economy and Planning (MEP) signed the concession contract for the management of the Barra do Dande Integrated Development Free Zone (ZFDIBD), an agreement valid for 30 years and which must create 21 thousand jobs, worth up to two percent of GDP in the next ten years, stressed Ricardo Viegas d'Abreu.
Located in Barra do Dande Commune, in Bengo Province, the new Angolan free zone will operate mainly in the areas of storage, food processing, metalworking, assembly and auto parts, solar panels and alternative energies, the official said in the speech.
"It is a project with accentuated productive components, namely a port terminal, complemented with infrastructural constraints in terms of capturing and treating water and waste, power plant, land, road and rail connections, residential areas and tourist developments", stressed the minister. , who stressed that "in order to respond to social needs, it considers the construction of a center for innovation and professional training, and a hospital, as well as the socio-economic framework of local communities".
Ricardo Viegas d'Abreu also said that the studies had already been concluded in the first phase and the projects to be implemented would be worth US$1.5 billion, of which 86 percent will be provided by the private sector, with the public sector responsible for construction of basic internal and external infrastructures, fundamental for attracting investors".
