ANGOP - Angola Press News AgencyANGOP - Angola Press News Agency

Go to homepage
Luanda

Max:

Min:

Home » News » Politics

Wed, 14 Oct 2020 13:23 - Updated Wed, 14 Oct 2020 14:43

President unveils tractor and mobile phone assembly plants

Luanda - The President of the Republic, João Lourenço, Wednesday inaugurated an assembly factory for agricultural tractors and another for mobile phones, installed in the Special Economic Zone (ZEE), in Viana municipality, in Luanda.

Send by email

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

Correct

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

Tractor factory, Akaheel Agricultura Angola

Photo: Pedro Parente

With a capacity to produce 3,000 units per year, the tractor assembly factory is the result of an agreement between Angola and the United Arab Emirates (UAE), at an investment of US$65 million.

The factory, the first of its kind in the country, began assembling tractors in the first half of this year, with more than 80 percent of its workforce.

Implementation of the factory counted on partnerships from the Private Investment and Export Promotion Agency (AIPEX) and the ministries of Industry and Trade and the Economy and Planning and the collaboration of the multinational Massey Ferguson, which specialises in manufacturing agricultural tractors.

At the inauguration, the United Arab Emirates (UAE) was represented by Dubai's Sheikh Ahmed Dalmoor Al Maktoum, investment promoter.

From 2017 to 2020, the country spent over three million dollars importing agricultural tractors, according to Ivan do Prado, secretary of state for industry.

He added that the average cost of importing an 85 horsepower tractor was around US$85,000, whilst those mounted in the ZEE, and with the same power, would cost around US$35,000.

Mobile phone assembly plant

In its turn, the "Afrione" brand mobile phone, tablet, computer and electronic accessory assembly plant will initially produce 3,000 phones per year.

Sixty-three young Angolans work on assembling phones, tablets, computers and accessories, according to figures revealed at the inauguration ceremony.

The two units will create 200 new jobs together, mostly for young Angolans.

Angola imports around one million mobile phones annually, which has led the country to spend over US$150 million in the last three years.

Read also
  • 13/10/2020 15:52:42

    President recognises increase in agricultural production

    Malanje - Angolan President João Lourenço recognised Tuesday in Malanje the increase in agricultural production, but regretted the fact that some of these products were damaged due to lack of outlets.

  • 13/10/2020 12:29:50

    President unveils Agri-Food Institute

    Malanje - Angolan head of State João Lourenço inaugurated Tuesday the new building that houses the Higher Agri-Food Technology Institute in northern Malanje province, aimed at promoting research and food processing.

  • 13/10/2020 11:56:03

    President arrives in Malanje

    Malanje - President of Republic João Lourenço arrived Tuesday morning in the northern province of Malanje to inaugurate the Higher Institute of Technological Sciences (ISTAM).