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Angola: South Korea to Invest in Biofuels


Angola Press Agency (Luanda)
 

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Angola Press Agency (Luanda)

28 March 2008
Posted to the web 28 March 2008

Luanda

South Korea is interested in investing in Angola's biofuels exports, in light of the strengthening of cooperation ties between both countries.

ANGOP learnt Thursday from the South Korean to Angola, Jae Ham-Young, at the end of an audience granted by the Angolan Parliament speaker, Roberto de Almeida.

The ambassador stressed need to develop the circuit of exporting Angolan products to Korea, since it is on a reduced level.

According to the diplomat, South Korea is Angola's current biggest supplier of oil platforms.

The official also stressed the need to strengthen the current cooperation with Angola and take it "to the highest level".

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The diplomat pointed out that his country exports to Angola products such as vehicles and electronic equipment.



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