Angolan group plans to invest in fish canning factory

10 January 2012

Luanda, Angola, 10 Jan – Angolan group Adérito Areias, based in Benguela province, plans to invest US$50 million this year in construction of a fishing canning factory in the province, according to Angolan weekly newspaper Expansão.

The project for construction of the factory, which will be built on the outskirts of the Benguela municipal area, is at an advanced stage and is now only awaiting funding from Angolan development bank Banco de Desenvolvimento de Angola, said the group’s managing director, Adérito Areias.

“We should be in a position to start working at the end of the year, focusing our project on processing sardines and horse mackerel in order to minimise imports of the product,” he said.

The group is the biggest Angolan producer of frozen fish (horse mackerel and sardines) with production totalling an estimated 100 tons of fish per year.

“We have suitable ships and we have a modern factory that is certified by the European Union, as well as being a totally Angolan-owned company,” said Areias. (macauhub)