ANGOP - Angola Press News AgencyANGOP - Angola Press News Agency

Go to homepage



Home » News » Economy

Fri, 07 Feb 2020 18:03 - Updated Fri, 07 Feb 2020 16:39

USD Two billion power station investment for Benguela

Luanda - The Association of Economic Development Africa - Korea (AKEDA) will finance USD two billion for the construction of a power station in southern Benguela province.

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

This amount is part of the global figure that the association plans to mobilize five billion dollars to invest in the most varied partnership projects with the Angolan State.

This information was released to the press in Luanda, by the AKEDA general secretary, Chung-Siwod in the ambit of the signing of a memorandum of understanding with the Agency for Private Investment and Promotion of Exports (AIPEX) for promotion and caption of Direct Foreign Investment.

Chung-Siwod recognized the existence of particular interest to invest in fields of energy, oil refining (refinery), small and medium-sized enterprises as well as in agro-business.

“The AKEDA is represented in 38 african countries. We have particular interest in working with the Angolan authorities because Angola is located in a strategic region of Africa and with a promising future economy”, said the official.

Tags Investimentos  

Read also
  • 31/12/2019 11:21:25

    AIPEX registers 223 investment proposals

    Luanda - At least 223 private investment proposals were registered from August 2018 to November 2019, by the Private Investment and Export Promotion Agency (AIPEX), which will enable the creation of 16.400 jobs, for nationals and foreigners.

  • 28/12/2019 12:45:58

    Sinotrans invests over USD 30 million in Angola

    Lobito - The investment by the Chinese logistics company Sinotrans in Angola has already exceeded USD 30 million in the last eleven years, said Friday in Lobito, its deputy general director Tchum Long Ning.

  • 18/12/2019 18:24:44

    Chinese company plans to boost electronics industry with Angola

    Luanda - Chinese company Dongfang Huaqiang - Commerce and Service announced today (Wednesday) in Viana district, Luanda, its intention to be the link between the Asian country and Angola, to boost and develop the electronics and home appliances industry.