Ver Angola

Industry

Chinese 'wink' at Cuanza Norte and align strategies to invest in the province

A Chinese company intends to invest in Cuanza Norte, in sectors such as agriculture, industry and mines. This is the company Tiesiju Enginnering Group CO Limitada (CTCE), which held, this Wednesday, a meeting with the governor of Cuanza Norte, João Diogo Gaspar, in order to align strategies for investments in the province.

: Facebook Governo da Província do Cuanza Norte
Facebook Governo da Província do Cuanza Norte  

According to a statement from the government of the province of Cuanza Norte, which VerAngola had access to, at the meeting between company members and the provincial governor were presented the various sectors that are in need of investment.

"During the meeting, the head of the province brought to the table sectors that need investment to guarantee the development of the province, the well-being of the population and generate more jobs", says the note.

Among all the sectors presented, "the Chinese company will initially invest in the agriculture, industry and mining sectors, whose agricultural sector will be a priority with the large-scale production of rice, beans, wheat and corn".

On the occasion, the provincial governor showed "total availability" to support the company in whatever is necessary: ​​"We will work together and what I most want is to develop the province".

According to the statement, "the working team for this cooperation has already been defined and work begins with feasibility studies for each of the sectors to be invested."

The group's general director for Southern and Central Africa, Li XiaoGang, highlighted that the province is one of the company's investment priorities in Angola and Africa, through the execution of projects that help in its progress, having indicated the presence of deposits of mineral resources, cultivable soils, as well as the availability of water and energy as elements that influenced the selection of the province as a priority for the company's investments, writes Angop.

The group's investment plans in the aforementioned province include rice production, construction of social housing, exploration of precious metals, among others.

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