The private investment project called “SLN – Fábrica de Cimento e Clinker de Benguela”, approved by the Cabinet Council, is estimated at Usd 240 million. The promoters of the project are SLN-International, SGPS S.A (Portuguese company), Tecnoimóvel Limitada (Angolan company) and the Angolan Armed Forces (FAA) Social Security Provident Fund (ANGOP).
The Angolan government is to invest 2.0 billion US dollars by 2012 in Soyo district in northern Zaire Province, in order to relaunch local industries based on liquefied natural gas and other petrochemicals (ANGOP).
The mobile-phone operator Unitel will later this year link the provinces of Luanda, Huambo, Huíla and Benguela through fibre optic cable . The company’s manager, who was speaking at the end of a meeting with Huambo governor, Albino Malungo, said that it is a nation-wide project, estimated at USD 100 million (ANGOP).
The manager for international products of Brazilian construction company Odebrecht, Sérgio Kraenzer, said that the country may be able to supply 5,319 megawatts of electrical power by 2016. The country counts currently on distribution of 967 megawatts, a low capacity to cover all national territory (ANGOP).
At least two new commercial ports will be constructed in Angola from 2009 to 2013, with the purpose of improving harbour services, particularly in the process of unloading, customs and clearance of containers and goods (ANGOP).
Depa Ltd., the interiors contractor for the world’s tallest tower in Dubai, won a 9.2 million-dirham ($2.5 million) contract to fit out the Talatona Convention Centre Hotel in Luanda, Angola (Bloomberg).
State owned oil company Sonangol is among those selected by the Iraqi government as potential bidders for exploitation of Iraqi oilfields (Bloomberg).