New investment projects in Angola create over 7,000 jobs

3 August 2010

Luanda, Angola, 3 Aug – The private investment projects approved Monday by the Angolan government ensure the creation of 7,300 jobs in several provinces, the coordinator of the restructuring commission of the National Private Investment Agency (ANIP), Aguinaldo Jaime said.

Jaime also said that of the approved projects, seven were new and one was a boost to investment, worth a total of over US$800 million.

The investment projects were put forward by the following companies: “Pumangol Industrial”, “Pumangol”, “DTS Imobiliária”, “Transfuel””, “Errangol”, “Angofret”, “Angorecycling” and “Angobetumes”.

According to Jaime, the projects are part of the process to diversify the economy and although they support the oil industry they “are not directly linked” to the sector.

The new projects will create industrial and commercial infrastructures with a social and environmental impact, namely collection and recycling of chemical and solid waste, especially by making use of scrap. (macauhub)