Cabinda, Angola, 25 Nov – The government of Angola’s Cabinda province plans to rebuild Pau-Rosa, an industrial unit associated to the Panga Panga company, which has been at a partial halt for the last 15 years, Angolan news agency Angop reported.
Citing a source close to the facility, the agency said that the project was part of the Public Investment Programme for 2010, but that it would be passed over to 2011 due to the effects of the international financial crisis on Angola.
Pau-Rosa is a unit for wood sawing and production of wood laminates but, due to the obsolete state of its machinery, now limits its activities to sawing wood and produces 15 cubic metres per day, as compared to an installed capacity of 50 cubic metres.
In the past surplus production, both in terms of sawed wood and laminates, was mainly exported to Italy.
The source also told Angop that the refurbishment of Pau-Rosa had the support of the central government, via the Ministry for Geology and Industry as part of the programme to re-launch manufacturing industry. (macauhub)