Angola: Angolan beer firm invests US$13 million in 2007

18 February 2008

Lubango, Angola, 18 Feb – Angolan beer company Ngola, which operates in the province of Huíla, invested over US$13 million in 2007 on the acquisition of equipment to increase production, Angolan newspaper Jornal de Angola reported.

The newspaper, which cited a 20007 report from the provincial Industry, Commerce, Hotels and Tourism directorate, said that investment made by Ngola increased production from 436,000 to 492,000 hectoliters.

In 2006 US$20 million were invested in the factory which had made it possible to increase production by 70 percent, as well as install a unit for manufacturing packaging, with capacity to produce 12,000 crates per week.

The Ngola beer factory, located on the outskirts of Lubango, has over 300 workers and since 2000, following a public tender launched by the local government of Huíla, has been managed by South African company S.A.B. Miller. (macauhub)