Investment contracts with Angolan and foreign companies worth US$92 million were signed on Tuesday in Luanda by representatives from the respective companies and the National Private Investment Agency (ANIP).

ANIP president Maria Luísa Abrantes said the new contracts involved companies interested in investing in mineral water bottling and distribution, beer and non-alcoholic beverage production, and the production and distribution of schoolbooks and other printed graphic material.

Some of the companies also aim to invest in producing liquid detergents and vinegar, cleaning articles, soap and detergents, and in distributing drilling equipment and products for the oil and gas industry, as well as in construction and services involving earthworks and street layouts and interior finishing.

Abrantes said on the occasion that the new contracts would help diversify Angola’s economic structure and “are especially welcome because some of them will be established outside Luanda.” (macahub/AO)