Entrepreneur invests in fish transformation in Angola

25 February 2010

Lisbon, Portugal, 25 Feb – The Portuguese company Moreira Congelado, founded 33 years ago by an Angolan citizen, has short term plans to build a fish transformation factory in Angola, Angola’s Angop news agency has reported.

During the SISAB 2010 International Wine, Fish and Agro-Food Fair, the company’s commercial director Osvaldo Moreira said the investment for Angola involves refrigeration chambers, a lorry fleet and the hiring and training of Angolan personnel.

The aim of the company founded by his father is to operate in Namibe and Benguela provinces and to make good use of the potentials of Angolan human resources, Moreira said.

The company has been in contact with Angolan entrepreneurs interested in partnerships to create the frozen products business in Angola, he added.

Regarding SISAB, Moreira said the biggest event showcasing Portuguese export products was an excellent occasion to boost the company’s internalization efforts and investments, especially in Angola.

The Angolan-held Portuguese frozen food company has annual invoicing of 10 million euros, employs 100 workers and is present in 33 countries.