Angola: Japan finances modernization of ports of Namibe and Lobito

17 January 2008

Luanda, Angola, 17 Jan – Japan is to fund the refurbishment of the Angolan ports of Lobito and Namibe, with US$500,000, under the terms of an agreement signed Tuesday in Luanda with the Angolan authorities.

The agreement was signed by the Angolan deputy minister for cooperation, Irene Neto, and by the Japanese ambassador to Angola, Susumo Shibata, in the presence of the president of the Parliamentary Friendship League between Japan and the African Union, Tetsuro Yano, who Tuesday began a two-day visit to Angola.

Neto said that the ports of Lobito and Namibe were the cornerstones of this reconstruction and she praised the Japanese government’s decision to support the execution of this project.

The deputy minister noted that Japan was a realistic partner in identifying Angola’s potential, as well as Japan’s efficiency in its actions.

She predicted that 2008 would be the year of more solid economic partnerships as part of the International Tokyo Conference for African Development which, in Neto’s opinion, is “a symbol of Japan’s efforts for sustainable growth in the African continent.”

Angola and Japan established diplomatic relations in 1976 and cooperate in the transport, public works, health, de-mining and social reintegration sectors. (macauhub)