Factories in Matala, Angola, expected to post turnover of over 100 million kwanzas in 2011

3 March 2011

Lubango, Angola, 3 March – The tomato concentrate factory and the refrigeration complex built in the municipality of Matala, in Angola’s Huíla province, are this year expected to post turnover of 107 million kwanzas (US$1.1 million) according to a report from the board of Sociedade de Desenvolvimento da Matala (Matala Development Company).

Cited by Angolan news agency Angop, the report, despite not mentioning production levels at the factories, said that this year’s turnover at the tomato factory would be around 20 million kwanzas.

Sociedade de Desenvolvimento da Matala was set up to manage an irrigated perimeter of over 7,000 hectares of arable land, as well as to carry out activities to set up an industrial component to process local products. (macauhub)

MACAUHUB FRENCH