Thu, 19 Sep 2019 17:42 - Updated Thu, 19 Sep 2019 17:41
United Arab Emirates, Angola move to cereal production
Luanda - Angola and the United Arab Emirates (UAE) signed this Thursday, in Luanda, two memorandums of understanding in the field of agriculture, to enhance the cultivation of corn and soybeans, as well as poultry farming.
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
Cuanza Sul: Soya crop at Santo António farm in the Kibala (file)
Photo: Francisco Miúdo
The first memorandum focuses on the creation of a factory for the production of agricultural mechanization equipment, to be installed in the Special Economic Zone (ZEE) in the municipality of Viana, Luanda province.
The second aims to set up a farm for growing corn, soy and poultry in the province of Kwanza Sul, according to the Minister of Agriculture and Forests, Antonio Francisco de Assis.
By Angola signed the minister António Francisco de Assis, while by the United Arab Emirates initialed the Sheikh Ahmed Dalmook Al Maktoum.
On the occasion, the Angolan agriculture minister said the project aims to improve the social and economic conditions of Angolan families, given that there will be room for inclusion of local peasant labor force.
According to the minister, the establishment of the mechanization equipment factory and the so-called “America” Farm constitute a milestone in the process of economic diversification and will leverage large-scale foreign private investment in the country.
"The population will be able to participate directly, it is a project that will enhance the cultivation of corn and soybeans, as well as chicken farming, and will start in the coming days," he said.
The farm equipment unit will meet the needs of Angola and neighboring countries, and will initially be produced for local consumption, and later the surplus will be exported to the surrounding countries, Sheik Ahmed Dalmook Al Maktoum said.
Without advancing the value of the investment, Sheik stressed that the project will create 3,000 direct and indirect jobs, which will boost the agricultural sector in terms of production.
He thanked the Angolan Government for the openness it is providing to investors, as it will bring growth to Angola and neighboring countries.
The United Arab Emirates proposed last July to invest about US $ 2 billion in the installation of a tractor assembly line in Angola, electricity and gas production and agriculture.
- 15/09/2019 12:49:58
Sumbe - At least 150 exhibitors in the centre-west Cuanza Sul Province, from the areas of farming, fisheries, tourism, industry and services, are since last Friday showing their production potential at the first Fair of Local Production, happening in Sumbe City until 17th September.
- 10/09/2019 17:54:58
Luanda - The country is preparing the future tariff offer for the implementation of the Economic Partnership Agreements between Angola and the European Union, said Tuesday in Luanda, the director of the Ministry of Commerce's exchange office, Rui Livramento.
- 09/09/2019 19:04:23
Luanda - The Food and Nutrition Security and Resilience Strengthening (Fresan) Project in Angola will provide 12.3 million Euros to civil society organizations and NGOs that take action to mitigate the lack of water and food to the population from southern Angola.