Odebrecht Angola to be managed by Angolan staff in future

22 September 2014

Odebrecht Angola, a subsidiary of Brazilian group Odebrecht, will be managed by Angolan staff within five years, the group’s chairman, Emilio Odebrecht, said in Luanda cited by Radio Nacional de Angola.

“Our goal for the next five years is to have our company in Angola led and directed by Angolans, who are currently being trained for this mission,” said Emilio Odebrecht at the end of an audience granted by the President of Angola.

Referring to the meeting with José Eduardo dos Santos, the chairman of the Brazilian group said it had submitted a report on activities conducted last year and provided information about the Angolan subsidiary’s projects for the next 12 months.

Odebrecht Angola has been in Angola for 30 years and is the largest Brazilian-owned company in the country, where it started operating by building the Capanda dam in Malanje province.

Odebrecht Angola is the largest private employer in the country and employs around 24,000 people. It has a project portfolio worth over US$5 billion and is involved in construction as well as agriculture and processing of agricultural products and even in the mining industry. (macauhub/AO)