China’s Eximbank to loan more cash to Angola

12 July 2010

Luanda, Angola, 12 July – The chairman of the China Export and Import Bank (Eximbank), Li Rougu, Friday in Luanda gave assurances to Angola’s president, José Eduardo dos Santos that a new loan would be provided for the Angolan national reconstruction programme.

According to television station, Televisão Popular de Angola, at the end of a meeting Li Rougu declined to give the amount of the loan but said that China would continue to contribute to building infrastructures in Angola.

“The Eximbank will provide a loan for the reconstruction of Angola,” said Li Rougu, re-stating China’s participation in the country’s process of national reconstruction.

The chairman of the Eximbank said that cooperation with the Angolan Finance Ministry was “very good,” in that the projects underway were feasible. (macauhub)