ANGOP - Angola Press News AgencyANGOP - Angola Press News Agency

Go to homepage



Home » News » Economy

Fri, 29 Sep 2017 10:42 - Updated Fri, 29 Sep 2017 10:42

Huila: CFM celebrates 112th anniversary focussing on profits

Lubango - The Moçâmedes Railway Company (CFM) is commemorating 112 years of existence, marked last Thursday, focussing on the creation of conditions for its better profitability.

Send by email

To share this news by email, fill out the information below and click Send


To report errors in the texts of articles published, fill out the information below and click Send

1 / 1

A CFM railway station

Photo: Pedro Parente

Daniel Quipaxe - C.E.O of the Moçâmedes Railway Company (CFM).

Photo: Morais Silva

Speaking to ANGOP last Thursday in Lubango City, southern Huila Province, on the sidelines of the company’s celebration gathering, the CFM board chairman, Daniel Quipaxe, said that the restructuring and modernisation of the company represents one of its greatest advances since 2006 up to the present moment.

After many years on a standstill, caused by the war that ravaged the country, the CFM received a series of investments from the state which opened new perspectives for this public company.  

Daniel Quipaxe spoke of the modernisation process that the CFM has undergone, which has brought about satisfactory results for the company.

Moreover, he explained, the CFM has also been focussing on the training of staffs and technicians, having into account that the company has been receiving new equipment, such as railway engines, carriages and wagons.    

“We are evolving through modernisation and, alongside that, we are training the personnel (...)”, said Daniel Quipaxe.  

The activity of the Moçâmedes Railway Company (CFM), which currently has 570 workers, covers the provinces of Huila (central-south)), Namibe (south-west) and Cuando Cubango (south-east).

The recovery, rehabilitation and modernisation process of the CFM began in the year 2006.

Read also
  • 28/09/2017 18:50:06

    Huíla: CFM yields over AKz 140 million

    Lubango - At least AKz 145 million is the amount collected last year by the Moçâmedes Railroad (CFM), with transport of several cargo and passengers, said Thursday the company's CEO in Lubango, southern Huila province.

  • 28/09/2017 11:05:24

    Huíla: ADRA invests over USD four million in social Project

    Lubango - More than USD 4.5 million have been invested since 2015 by the Rural Development and Environmental Action (ADRA) 22 social projects in six provinces of Angola.

  • 22/09/2017 07:32:01

    Ornamental stones exploration increases in Huíla

    Lubango - At least 20.694 cubic meters of crushed stone and 1.855 of sand for the construction industry were produced in Lubango over the last six months by companies dedicated to this purpose.