Nice Group spending US$5 mln on expanding factory in Angola

18 June 2021

Chinese maker of cleaning products Nice Group Co. Ltd is investing US$5 million in expanding its factory in the Luanda-Bengo Special Economic Zone in Angola, and will soon take on 300 more workers there, Angop reports.

The Angolan state-run news agency quotes the general manager of the factory, Zhuo Ziquan, as saying Nice Group has so far invested US$14 million in the operator of the facility, a joint venture by Nice Group and NAKFA Comércio e Indústria Lda of Angola.

At present the factory employs 80 people, most of them Angolans, and produces detergent at the rate of over 1,000 tonnes a day, Angop says.

In March last year Nice Group announced that the factory would create over 1,000 jobs, so raising the standard of living of Angolans.

(Source) Permanent Secretariat to the Forum for Economic and Trade Co-operation between China and Portuguese-speaking Countries (Macao):
https://www.forumchinaplp.org.mo/nice-group-spending-us5-mln-on-expanding-factory-in-angola/

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