Caxito – The Secretary of State for Industry, Carlos Manuel Rodrigues de Carvalho, said today, Saturday, in the province of Bengo, that the manufacturing industry plays an important role in achieving the transformation process that the Angolan economy is going through.
When intervening in the laying of the first stone for the construction of the Aluminum Industrial Park, in the Barra do Dande Free Trade Zone, the government official highlighted that in this process in which the national economy seeks to adjust to the challenges of diversification, it is necessary for the country to be able to produce internally the raw materials necessary for the production process.
“We believe that the industrialization process is only economically viable, possible and continued, when it is based on the existence of an industrial culture with all the attributes inherent to it, such as training, capacity for organization and management of production units, existence of conditions to ' upstream' and 'downstream', he clarified.
The official considered the park an important and significant investment that materializes another notable milestone in the economic cooperation agenda between Angola and China.
The Ministry of Industry and Commerce, as a supervisory body, will continue to provide the necessary institutional support for the effective implementation of this important project for the country, said the official.
The PCA of the Barra do Dande Free Trade Zone Development Society, Joaquim Piedade, expressed his satisfaction at being able to bring the 4th largest aluminum producer to Angola and said that the next step will be to take Angolan technicians to China to be trained and work at from 2025.
The first stone for the construction of the aluminum industrial park was laid today, in the province of Bengo, by the Chinese company Hebei Huatong Wire & Cable Group Co., Ltd, an investment of around USD 1.6 billion that will generate 12 thousand jobs of work.
The project, which will be completed in five phases, over a period of eight to ten years, will have more than 80 percent of its production exported. CJ/IF/DOJ
