Chinese entrepreneurs invest in hotels in Angola

11 July 2016

A group of Chinese businessmen has shown interest in investing in the tourism sector as it is the fastest growing sector in Angola, said Friday in Luanda the chairman of the Angola /China Chamber of Commerce, Arnaldo Calado.

The official, who was speaking at the first general electoral meeting of the governing bodies of the Angola Association of Hotels and Resorts (AHRA) added the Chinese project had already been submitted to the Ministry of Hotels and Tourism.

“Chinese entrepreneurs want to invest in national tourism in a number of ways, especially in the construction of hotels, so it is important to have more Angolans interested in establishing partnerships with these investors in order to develop our economy,” he said.

Calado, quoted by Angolan news agency Angop, said in terms of tourism promotion the chamber had made an effort to project the image of Angola to Chinese entrepreneurs, to attract more foreign investment.

The AHRA is a private business association established in December 2015 by 11 owners of hotels, apartment hotels, resorts and tourist villages in Angola. (macauhub/AO/CN)