The Sociedade de Desenvolvimento Agro-industrial de Capanda (Sodepac) is investing more than 10.9 billion kwanzas (US$113 million) in a project situated north of the Cuanza River in Angola’s Malanje province, the company’s president said.
During a meeting at Fazenda Pedras Negras in Cacuso municipality, Carlos Fernandes said that the construction work, which began in November 2012 and should end in October 2014, covered 173 km of roads, 164 km of electric power lines, two power substations, removal of landmines from adjacent areas and other associated work.
The Jornal de Angola newspaper reported that Sodepac, via its land management department, supplies specialised support to investors interested in drawing up business plans to exploit areas in the Capanda Agro-Industrial Pole.
Among the established companies, Fernandes highlighted the Companhia de Alimentos de Malange, the Pungo Andongo and Pedras Negras estates and the Quizenga project.
“Other projects are also being negotiated, such as the integrated cereals and aviculture project headed by the África Sementes group for cotton production,” he said.
The Capanda Agro-Industrial Pole is an Agriculture and Rural Development Ministry project encompassing the provision of services, family agriculture, construction and renovation of social infrastructures.
Set up in 2006, the pole covers an area of 411,000 hectares, 270,000 of which are used for dry farming, 18,000 for the irrigated perimeter, 70,000 for an environmental reserve and 10,000 to resettle people. (macauhub)