Further 13 private investment contracts signed in Angola

19 June 2013

Angola’s National Agency for Private Investment (ANIP) Tuesday in Luanda signed 13 private investment contracts with foreign companies mainly linked to the industrial and services sectors, according to Angolan news agency Angop.

The companies are Timicor (paint manufacturer), Extrial (aluminium products), Plastic Packaging, Nortenha Angola (tyre recycling), Orey Transports (transport and logistics), Stahlhaus Construction (construction and public works) and MCS Capital (oil sector logistics).

The remaining companies are Animarket (sale of equipment for hotels), Mingqian Xiao (construction), Dingjia Internacional B (engineering and construction), XCMG Angola Investimento (equipment sales and leasing), Malembo Development Center (support for oil and gas industry) and Kumar (financial consultancy).

The contracts were signed by the chair of ANIP, Maria Luísa Abrantes and representatives of the 13 companies from Namibia, Portugal, the United Kingdom, Germany, the Netherlands, China, the Virgin Islands and Bermuda.

The chair of ANIP said that this was the first time that some foreign investment projects would be focused on provinces other than Luanda, specifically in Huambo and Huila. (macauhub)