Italian cement company plans to invest in Angola

24 July 2015

The Italian ambassador to Angola, Giorgio Di Pietrogiacomo told the Angolan minister of Geology and Mining, Francisco Queiroz that his country intends to diversify imports, which currently focus on oil.

The diplomat said Italy was interested in the agricultural sector and in the mining industry and that Italian company “Italcementi” intends to enter the cement market in Angola.

Di Pietrogiacomo told reporters after the meeting that trade between Italy and Angola in 2014 reached over 1.24 billion euros.

“Italy imported more than 900 million euros in oil and exported goods to Angola worth 340 million euros,” he said. (macauhub/AO)