ANGOP - Angola Press News AgencyANGOP - Angola Press News Agency

Go to homepage



Home » News » Economy

Mon, 16 Sep 2019 13:37 - Updated Mon, 16 Sep 2019 13:37

Diplomat calls for Chinese investment in mining sector

Luanda - Angolan ambassador to China João dos Santos Monday in Beijing called on more than 150 participants in the 3rd Roadshow for mining concessions to invest in mining sector in Angola.

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

João Salvador dos Santos Neto, Angolan ambassador to China

Photo: Joaquina Bento

The diplomat was speaking on behalf of the Angolan minister of Mineral and Petroleum Resources, at the third technical presentation (Roadshow) of Kassala Kitungo, Camafuca-Camazambo, Tchitengo, Kassala Kitungo, Cácata and Lucunda mining concessions, whose tender is due to open on October 7 in Luanda.

João Neto said that the holding of the event in the Chinese capital was also the result of the understanding reached between the two countries' leaders João Lourenço (Angola ) and Xi Jinping (China), aimed at deepening the mutually advantageous cooperation.

“I hope this event will serve as a useful space to improve your knowledge and attract mining investment in Angola,” the ambassador told Chinese investors.

He explained that the Angolan Government has been taking steps to improve the business environment in order to attract foreign investment to the various natural resources, which has been increasing the confidence of international players in the Angolan market.

With the improvement of the business environment, he explained, the Executive intends to reduce dependence on oil, the main export product, hence the focus on other areas of economic activity, such as the exploration of the other natural resources.

The ambassador ended his speech by strongly calling on investors to seize this unique opportunity in Angola.

Tags Economy  

Read also
  • 13/09/2019 18:50:42

    Angola qualifies for African programming in Egypt

    Luanda - Three Angolan teams have qualified for the first time for the African and Arab University Programming Championship, after winning the third edition of the Angolan University Programming Contest (AoCPC), Angop learned today.

  • 13/09/2019 18:26:02

    State minister stresses diversification of production

    Luena - The Minister of State for Economic Coordination, Manuel Nunes Júnior, said Friday in Luena (Moxico) that increased production and diversification of the national economy are national imperatives for the country to develop.

  • 12/09/2019 09:08:39

    Banks stability depends on professional rigour

    Malanje - National Reserve Bank (BNA) director, Beatriz dos Santos, last Wednesday in the northern Malanje Province said that the stability of Central Banks in Portuguese speaking countries depends on the rigour and competence of cadres.