Praia, Cape Verde, 23 June – Conditions have been set up for the launch of the Kibala agri-industrial project in Kwanza Sul, Angola, Cape Verde’s minister for Infrastructure and the Marine Economy, José Maria Veiga said in Praia, the Cape Verdean capital, Tuesday.
Cited by Cape Verdean news agency Inforpress, the minister also said that the company had been set up, its board of directors would have both Cape Verdean and Angolan members and the project would be launched before the end of the year.
Noting that the project had been delayed due to elections held on 6 February, José Maria Veiga noted that Kibala would be an opportunity for Cape Verdean businesspeople and technicians to invest in several types of project ranging from agricultural production to livestock.
The land where the project will be implemented was provided by the Angolan authorities for agri-livestock activities and is expected to allow the Cape Verdeans to cultivate 7,150 hectares of arable land in Kwanza Sul province.
The plot of land, which is located in the Kibala municipal area of Kwanza Sul province, has “fertile arable soil and significant and long-lasting annual rainfall, permanent water courses, topographical conditions for the introduction of modern low cost technologies and an available local workforce. (macauhub)