Japanese groups plan to expand business and investments in Angola

16 March 2012

Leaders of Japanese groups with interests in Angola Thursday in Tokyo stated their interest to Angola’s Transport Minister to expand their businesses and investment in the country, according to Angolan news agency Angop.

Minister Augusto da Silva Tomás, who has been in the Japanese capital since Tuesday to take part in a Seminar on Investment for Infrastructure Development in the Southern Africa Development Community, met with the heads of Japanese groups TOA Corporation, SGS Japan, Sogitz Corporation and Toyota and told them about the programme for reconstruction and modernization of transport infrastructure in Angola.

The minister also said that there were many projects underway in the transport sector in Angola, which could become part of the new Japan/SADC partnership strategy, with a view to speeding up the interlinking of countries in the region.

The Transport minister Wednesday opened the Seminar on Infrastructure Development in the SADC, noting that developing infrastructure was the basis for economic and trade development.

The audiences given by Augusto da Silva Tomás were attended on Angola’s behalf by its ambassador to Japan, João Vahekene, the president of the National Institute for Private Investment, Maria Luísa Abrantes and top officials from the ministries for Transport, Telecommunications and Information Technology, and Energy and Water. (macauhub)