56 companies interested in setting themselves up in Futila Industrial Hub, in Angola

14 September 2012

Fifty six companies have shown interest in setting themselves up in the Futila Industrial Hub (PIF), in Angola’s Cabinda province, the provincial secretary for Industry Geology and Mining, Geraldo Ndubo Paulo said in the city of Cabinda.

Speaking to Angolan news agency Angop, Paulo said that the 56 companies were the same ones that put forward proposals for the public tender launched for construction of basic infrastructure at the industrial hub, specifically roads, water systems, and power grids.

With an estimated cost of US$36.6 million and funding from the World Bank, Angolan oil company Sonangol, the central and provincial government and some companies, the Futila Industrial Hub covers an area of 2,345 hectares on a plain located 30 kilometres north of the city of Cabinda.

Of the total area, 112 hectares will be used for the first phase of the project, which will house at least 12 of the 56 companies signed up.

The hub is expected to be home to acetylene and soap factories, a wheat mill, and to factories producing materials to support the oil industry and for the construction sector.

PIF will receive electricity produced by two gas and diesel turbines with a capacity of 35 megawatts each, which were inaugurated in August of this year. (macauhub)