Luanda - The IMEX group plans to invest US$4.5 million in a factory in Luanda by the end of this year, managing director Ramzi El Houchaimi said Tuesday.
Speaking to the press on the sidelines of the inauguration of another BEKO home appliance shop, Ramzi El Houchaimi said that this investment would be used to set up its first BEKO home appliance assembly factory in the municipality of Viana.
He noted that the project would be implemented in two phases, with the first estimated to cost US$3 million by the end, for assembling stoves, air conditioners and refrigerators, and the rest of the amount in the second phase in 2022, with the assembly of a television set line, generating a total of 150 new jobs.
He noted that, as part of the brand's expansion in the national territory, seven new shops would open next year.
The opening, which generated 15 new direct jobs, is the result of a US$300,000 investment, as part of the brand's growth strategy in the country, allowing it to expand its product distribution capacity nationally.
With this additional shop, the brand now has a total of 15 shops in the country, eight of which are in Luanda, two in Cabinda, one each in Benguela and Lubango.
The IMEX group is an Angolan company specialised in the manufacturing of rotomoulding products made of polyethylene material.
