The government of the Angolan province of Kuando Kubango plans to spend US$375 million on agricultural projects in an initial phase, which will be followed by another two phases on which it will spend over US$1 billion, the deputy provincial governor said in Menongue Saturday.
At a presentation of the social-economic development plans for the 2013-2015 period, as part of a talk on the province’s economic situation, Ernesto Kitekulo said that the funding would be used at both the Longa agricultural hub and in the Missombo municipality with a view to start producing rice.
Kitekulo added that in the five-year period it would be necessary to repair 4,000 kilometres of main, secondary and tertiary roads and a number of bridges. The work is estimated to cost US$3 billion.
“Repairing this infrastructure will make it possible for more tourists to visit the province, which does not happen now because of a lack of good roads,” he said.
Kiteculo noted that the provincial government planned to spend US$350 million in this sector in order to diversify the economy and attract more investment, which will absorb some of the currently unemployed population.
The capital of Kuando Kubango province is Menongue and the province covers an area of 199,049 square kilometres (around 16.9 percent of the whole of Angola), has over 700,000 inhabitants and 737 registered companies. (macauhub)