UAE plans to invest USD 30 million for rice production in Angola

게시됨 2023년 12월 19일

Tridge 요약

A group from the UAE plans to invest $30 million in rice and avocado production in Angola, with a focus on the provinces of Malanje, Bié, Cuando-Cubango, Lunda Norte, and Lunda Sul. The investment is expected to create 300 direct jobs and 1000 indirect jobs, with the project reaching up to $50 million in the maturity phase. The Angolan government has promised institutional support for the project and is making efforts to re-launch rice production.

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원본 콘텐츠

Luanda — A business group from the United Arab Emirates (UAE) has said they plan to invest roughly 30 million US dollars for rice and avocados production in Angola. The intention of the investors was expressed during a meeting Angola's Minister of Agriculture and Forestry, António Francisco de Assis, held with the UAE businesspeople. The UAE business people expressed interest in investing in the provinces of Malanje, Bié, Cuando-Cubango, Lunda Norte and Lunda Sul and that it would be necessary for 5000 hectares for rice cultivation and 500 hectares for avocado production. The initial investment is expected to generate approximately 300 direct jobs and around a 1000 indirect jobs, and is expected to reach between 40 and 50 million dollars, in the project's maturity phase. Angola's minister has said he assured investors of institutional support from the government for the materialization of ...

출처: All Africa