Ver Angola

Politics Official visit of Joe Biden

Biden announces American investment of more than 600 million in the Lobito Corridor

The North American President announced this Wednesday, in the coastal city of Lobito, province of Benguela, an increase in investment from the United States for the Lobito Corridor by another 600 million dollars.

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“The United States will now invest an additional 600 million dollars to expand infrastructure”, the railway line that will connect the port of Lobito to the Democratic Republic of Congo (DRCongo) and Zambia, said Biden, at the international summit on the project that took place in last day of your visit to the country.

The 600 million dollars will add to the more than three billion dollars allocated so far by Washington to projects linked to the Lobito Corridor, infrastructure seen as an affirmation of US ambitions in relation to China on the African continent.

Participating in the summit, in addition to the North American president, were the heads of state of Angola, João Lourenço, of DRCongo, Félix Tshisekedi, and of Zambia, Hakainde Hichelema, and the vice-president of Tanzania, Philip Mpango.

Before the meeting, Biden visited the Port of Lobito, where he witnessed the arrival of a cargo train from the Lobito Atlantic Railway (LAR), carrying copper from the Democratic Republic of Congo.

The Lobito Corridor, a railway infrastructure that connects Angola to the mineral zones of DRCongo and Zambia, in which the United States is an important partner in the renovation of the existing part and construction of an extension, is the main focus of Biden's trip to Angola.

The American head of state observed the arrival of the train loaded with copper, which is destined for New Orleans, in the United States of America.

LAR is a consortium of companies that was awarded a concession that includes the integrated management of the Lobito Corridor railway line and the Lobito Port Mineral Terminal, for 30 years.

Like Luanda, the province of Benguela also registers point tolerance, with a ban on road traffic on the main roads and restrictions on air movement, with street commerce being prohibited in all areas with restrictions on circulation and funerals scheduled in Catumbela cemeteries suspended. and Luhongo.

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