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Angola: Chinese Technology Cheaper - Minister


Angola Press Agency (Luanda)
 

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Angola Press Agency (Luanda)

11 April 2008
Posted to the web 11 April 2008

Luanda

Angolan Finance minister, José Pedro de Morais, said Thursday in Luanda that Chinese companies participating in the reconstruction of the county's infrastructures are competitively advantageous as compared with others in the market, as they provide technology at lower costs.

Speaking at the end of the conference on "China: a precious partner, though polemic and mysterious", held and promoted by Angola Strategic Studies Centre (CEEA), the government official said that besides low cost technology, Chinese companies have been bringing materials and workmanship at lower costs as compared with other companies.

Concerning massive entry of Chinese employees in Angola, the minister explained that they are in the country for a temporary period, leaving as soon as they end their works.

According to Pedro de Morais, competition between Chinese and Angolan manpower shouldn't be talked about, because the Government is looking for temporary jobs for nationals.

According to the minister, the Government has invited the Chinese to rebuild infrastructures and create a wide productive basis to help Angolans to have a permanent job.

The creation of permanent jobs for Angolans, he said, comes as a result from an economic growth that has been triggered by the reconstruction of infrastructures, mostly carried out by Chinese companies.

Regarding the fact that national manpower is young, he added, there is need for training and integration in the productive system, because the Government intends to have factories, agricultural complexes and a service industry where national workmanship can be employed in a progressive and profitable way.

He emphasised that the result of advantageous cooperation with China is visible as high schools, hospitals, roads and bridges are being inaugurated, giving more opportunities of employment to teachers, trained health technicians and activity sectors.

The Finance minister said that the Government follows the purpose of a sustainable recovery of basic infrastructures, which requires time and easy credit terms.

"We need very cheap technology, wherever it is, the Government goes there to get it. This is a decision that reveals competitive conditions in the world. We are going to do what is better for the people and Angola is to realise its objectives of developing with reasonable costs," he said.

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The minister said that the State Budget for this year reserves Usd 12.5 billion for public investments.



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