Beijing - Three billion US dollars (USD) is the amount invested by China in the Luanda-Bengo Special Economic Zone (ZEE) between 2019 and 2024, the president of the institution, Manuel Pedro, said.
According to him, who was speaking to the press as part of President João Lourenço's visit to China from 15 to 17 this month, the Asian country continues to be a key partner for private investment in Angola.
He said that the ZEE has 206 companies, 20 of which are Chinese, in sectors such as the production of hospital equipment, the food industry, commerce, telecommunications and the assembly of agricultural equipment.
Manuel Pedro revealed that the China-Africa Business Council has been attracting funding to Angola, as it is a key partner with good areas for attracting investment.
In his opinion, it is necessary to continue promoting the exchange of experience and to present the ZEE, due to its good location and its proximity to Luanda's new international airport.
The Luanda-Bengo Special Economic Zone (ZEE) is a physically demarcated area with a perimeter of 4,717.91 hectares.
It was created to help diversify the economic base and contribute to reducing imports, promoting exports, creating jobs and added value, as well as providing opportunities for professional development and contributing to the training and capacity building of the national workforce.
Angola and China are strategic partners with political and diplomatic cooperation relations that have grown considerably since 2000.
The two states signed several legal documents in the social, commercial and business fields.
Since 2007, Angola has been China's biggest trading partner in Africa, with a turnover totalling 24.8 billion US dollars only in 2010. FMA/VIC/MRA
