Angola is one of the five African countries chosen by Japanese group Sony to set up a regional centre, the director general of Sony Middle East and Africa, Hiroyasu Sugiyama said recently in Cape Town, South Africa.
According to Angolan weekly newspaper Expansão, the plan to expand and consolidate the Sony group in Africa with a view to reaching turnover of US$1.4 billion through the sale of consumer electronics includes setting up regional centres in Morocco, Ghana, Kenya and Nigeria as well as Angola.
Hiroyasu Sugiyama also said that if the forecast turnover becomes a reality, it would represent growth of almost 100 percent, as in 2012 the group’s turnover in Africa totalled US$800 million.
In relation to Angola Sugiyama said that the investment in creating the regional centre was being studied alongside its Angola partner, the Estilos company.
Sony Middle East and Africa is a 100 percent owned subsidiary of the Sony Corporation, is based in Dubai and is responsible for the company’s business in over 40 countries. (macauhub)