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Swiss multinational wants to “expand and diversify business” in Angola. Mining and agriculture in your sights

SGS, a Swiss multinational, wants to “expand” investments in Angola, with the Europeans targeting the mining and agriculture sectors.

: Lusa
Lusa  

The information was provided by Gerald Van Aswegen, the company's director for Southwest Africa.

"SGS sees Angola's diversification process as an opportunity to expand and diversify the company's business, particularly in the areas of mining and agriculture, and we are prepared to contribute to the diversity of Angola's economy", said the person in charge, who, quoted by Angop, added that in addition to this business expansion on Angolan soil, the company's purpose also involves responding to the challenge launched by the Government of Angola in order for partners to contribute to the process of diversifying the economy.

The director did not reveal the amount of investment they intend to make.

However, cited by Angop, he said that work is already underway to identify domains and specific sites for the development of agribusiness projects.

To this end, the company is counting on its subsidiary, based in South Africa, to operate in the mining sector from prospecting, processing of the finished product to certification, as is currently operating in the certification of the Cabinda Refinery, writes Angop.

In Angola since 1985, the company - which operates in the field of international inspection and certification - this week marked 38 years of operating in the country. According to Angop, it was within the scope of the celebrations that SGS brought together several representatives from entities in the Angolan economic domain with a view to presenting the "angolanization" strategy, as well as the promise of investment for the coming years (2023/2025).

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