Cuban company Labiofam may set up factory in Angola

22 November 2011

Havana, Cuba, 22 Nov – Cuban company Labiofam may set up a subsidiary in Angola to produce medication locally and support Angolan institutions in combating malaria, the company’s director José Fraga Castro said in Havana.

The president of the National Assembly, António Paulo Kassoma, during a visit to the factory’s facilities, as part of his trip to Cuba, said that a plot of land had already been identified, in the Viana special economic area, in Luanda, for the factory to be set up.

Cited by Angolan news agency Angop, Kassoma also said that Labiofam already had a presence in Angola where it has been involved in the first phase of the malaria prevention programme.

“There is an aim to set up a factory in Angola and Cuba has shown interest in doing that, we are looking at the ways of achieving this,” he said.

In his turn, José António de Castro said that the company sells its products in 50 countries and has subsidiaries in three. In Africa it is present in 15 countries including Angola, Ghana, Tanzania, South Africa and Zambia.

According to the company’s website, Labiofam manufactures veterinary products, hygiene products, pesticides, vaccines, vitamin supplements and plastic packages. (macauhub)