The China Harbor Engineering Company (CHEC) is committed to putting more financial, technological and human resources into projects in which it is involved in Africa, notably in Angola and Mozambique, said the company’s chairman in statements made recently in Windhoek, Namibia.
Lin Yichong told the Xinhua news agency that as part of Sino-African cooperation the company is involved in works such as the construction of a container terminal at landfill areas reclaimed from the sea near the port of Walvis Bay and the National Fuel Deposit Project, also in Namibia.
The CHEC group is also involved in the development of the ports of Lobito, in Angola and Beira in Mozambique as well as port projects in Abidjan (Ivory Coast), Dar-es-salam (Tanzania) and Kraba (Cameroon).
Lin also mentioned the construction in Angola of a waste-fired thermal plant as one of the examples of environmental projects in which the CHEC group is involved.
Citing data from the African Development Bank, Lin Yichong said that the incipient nature of infrastructure in many African countries leads to an economic contraction, accounting for 2.0% of Gross Domestic Product (GDP).
“Infrastructure development would thus enable the productive sectors of African countries to grow faster,” she added.
The CHEC group is currently present in a hundred countries where it carries out projects worth a total of US$29 billion. (macauhub)