According to a statement from the government of the province of Cuanza Norte, to which VerAngola had access, this project was presented to the provincial governor, João Diogo Gaspar.
In addition to focusing on the production of the aforementioned oils, the company also intends, in a second phase, to invest in the production of sugar cane and palm oil derivatives, such as soap.
According to a note from the Cuanza Norte government, this project could make the country "self-sufficient in the production of these products [palm oil and vegetable oil], in addition to sugar and soap".
"The choice of Cuanza Norte to carry out the aforementioned investment results from the enormous potential of the province, which was once a national reference in the cultivation of palm trees and others such as coffee and cocoa", the note reads.
The project's general director, Lacima Culibare, cited by Angop, said that the initiative will begin with the production of palm trees, while the provincial director of Agriculture and Fisheries, Humberto Mesquita, explained that the project begins after the technical aspects.
According to Humberto Mesquita, research studies were carried out, in which certain areas were analyzed, and the management will evaluate in greater depth the locations already selected to produce palm trees, in order to advance to the second stage of project execution, in which they will be analyzed more technical aspects.
It is worth noting that Sifca, a multinational from Côte d'Ivoire, "is a leader in the production of palm oil and vegetable oil on the African continent", having a presence, in addition to Côte d'Ivoire, in Ghana, Nigeria, Liberia, Singapore and France.
