Angola to have new industrial hub in Huambo

9 January 2015

The schedule for construction of infrastructure at the industrial hub in the municipality of Caála, 23 kilometres from the city of Huambo, begins this year and will install new factories, according to the municipal administrator.

Victor Tchissingui told Angolan news agency Angop that infrastructure would be installed in an area of 1,000 hectares, where factories to process fruit and vegetables, chocolate, biscuits, glass, paint, windows, partitions, hardware, barbed wire and mesh are expected to be installed.

The project also includes construction of factories to manufacture solvents, fillers, fluorescent lamps, electric wires and cables, wood pellets, shoes, corn mills for animal feed and mattresses.

The installation of these plants, Tchissingui said, will have a direct impact on the fight against unemployment and catapult the development of the local economy.

“The economic forecasts for 2015 are not encouraging in terms of economic growth, due to the fall in oil prices, which sustain the Treasury’s resources to finance public expenditure,” added Tchissingui, who called on managers of public institutions in the municipality to contain spending and be rational in the use of available resources. (macauhub/AO)