12 °c
London
Monday, January 30, 2023
No Result
View All Result
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
No Result
View All Result
FurtherAfrica
No Result
View All Result
Home Africa

Chinese group CITIC analyses new investments in Angola

FurtherAfrica by FurtherAfrica
June 9, 2017
in Africa, Agriculture, Angola, Banking, Commodities, Development, Economy, FDI, Finance, Industry and Commerce, Real Estate
Reading Time: 1 min read
1000 10
0
Chinese companies present investment projects in Mozambique
Share via QRWhatsappShare on FacebookShare on TwitterLinkedInPinteresteMail

The construction of a steelworks in Angola’s Huila province and the production of agricultural seeds will be CITIC Construction’s next investments in Angola said the vice president and general manager of the company’s Africa division.

Hu Ping also told the Angop news agency, on the sidelines of a visit organised by the Angola-China Chamber of Commerce to projects, namely real estate, built by the company in Angola, that the most advanced project is for the production of agricultural seeds.

The vice president of CITIC Construction said economic feasibility studies are underway for the construction of a steel factory and, at the same time, contacts are being made with the Ministry of Geology and Mines, which is responsible for the sector.

The company, which has already invested in an aluminum parts production plant in the Viana Industrial Complex, on the outskirts of Luanda, was selected by the Angolan government to build the Kilamba housing project, having already completed the first phase and is currently building infrastructure for the second stage.

The visit organised by the Angola-China Chamber of Commerce included the visit to the housing project “Zango 8000 Red” housing project, located in the municipality of Viana, with half of the 8,000 houses expected to be delivered to the Angolan government next July.

This project has a budget of US$1.2 billion, occupies an area of ??416 hectares. The area already built currently occupies 100 hectares, with buildings up to three floors and 2- 3- and 4-bedroom houses.

Source: Macauhub

Related

Tags: agricultureAngolaAngola-China Chamber of CommerceBankchinaCITIChousingKilamba housing projectReal EstatesteelVianaZango 8000 Redアンゴラ安哥拉
ScanSendShare404Tweet253Share71Pin91Send
FurtherAfrica

FurtherAfrica

Founded in 2015 FurtherAfrica is an online platform centralising news and content focusing on the development and growth story of the African continent.

Related Posts

Agriculture

IFAD and AfDB on a mission to boost agricultural productivity in Africa

by Farmers Review Africa
January 30, 2023
Energy

South Africa’s Virginia gas project produces first Helium

by Energy Capital & Power
January 30, 2023
Tech

Harnessing 4IR to propel Africa’s economy to address unemployment

by The Exchange
January 30, 2023
Russia’s VTB says in talks to prolong Angola’s $1.5 billion loan to 10 years
Trade

First fertilizer shipment from Russian for Africa arrives in Mozambique

by Club of Mozambique
January 30, 2023
Aid

WFP welcomes major donation of €65.5M from EU to address food crisis in 11 African countries

by FurtherAfrica
January 29, 2023
Platform Africa 2023
 
Mozambique eVisa
 
MozParks
 

Translate this page

Read the Latest

Agriculture

IFAD and AfDB on a mission to boost agricultural productivity in Africa

by Farmers Review Africa
January 30, 2023
0

As food security for millions of Africans continues to be impacted by rising food and fuel prices further compounded by...

Read more

South Africa’s Virginia gas project produces first Helium

January 30, 2023

Harnessing 4IR to propel Africa’s economy to address unemployment

January 30, 2023
Russia’s VTB says in talks to prolong Angola’s $1.5 billion loan to 10 years

First fertilizer shipment from Russian for Africa arrives in Mozambique

January 30, 2023

WFP welcomes major donation of €65.5M from EU to address food crisis in 11 African countries

January 29, 2023

FurtherAfrica Partners Network

The Exchange Club of Mozambique Taarifa Rwanda
TechGist Africa Africa Oil & Power Farmers Review Africa
Tanzania Invest Zambia Invest See Africa Today
Africa Global Funds Novafrica CrudeMix Africa
Harambee Africa Botswana unplugged Financial Insights Zambia
O Económico Digilogic Africa Web3Africa

Subscribe to FurtherAfrica

Enter your email address to receive new articles on your email.

Join 99,623 other subscribers.
FurtherAfrica

© 2021 FurtherMarkets

FurtherAfrica is a FurtherMarkets Limited platform

  • Countries
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

Follow Us

No Result
View All Result
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

© 2021 FurtherMarkets

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?