Portuguese group invests over US$4 million in Huambo, Angola

7 April 2006

Huambo, Angola, 07 April – Portuguese group Imocom is currently investing US$4.2 million in building and equipping a mineral water bottling plant in Huambo province, Angola, the local press reported Wednesday.

The factory, the first stone of which was laid Tuesday by the governor of the province Paulo Kassoma, will be built at Alto-Hama, in the Londuimbali municipal area, some 92 kilometers north of the city of Huambo.

The factory will have a bottling line, with a production capacity of 6,000 bottles per hour, making up a total of 19 million liters bottled per year.

According to the managing director of the group, Jorge Bota, the water from the factory will be different from others in the market because it is one of the purest in Angola, and was a market leader in the past, before the previous facilities were destroyed.

Work on the factory, which will initially employ 50 people, will be concluded by April 200, Bota said.

The IMOCOM group is present in Huambo and Luanda provinces, and is a founding shareholder of the recently created Angolan Stock Exchange and operates in the areas of real estate promotion and construction, industry and tourism. (macauhub)