24 September 2008
Luanda — The Angolan ministers of Agriculture and Rural Development, Afonso Canga, and of Transports, Augusto Tomás, Wednesday in Luanda handed over 15 cold-storage vans to Angola's Fresh Products Supplying Company (Frescangol).
This is to relaunch and increment productivity and profits of the company. Speaking to the press, at the end of the hand-over ceremony, Afonso Canga said that the new cars will enable better domestic trade and distribution of farming products to consumers across the country, in acceptable quality and quantity.
"The country is starting to increase its agro-livestock production, this is why it is necessary the products to reach the consumer in good condition and at a competitive price," stressed the minister, adding that the investment will settle the company's budgetary deficit and make it more profitable.
On the occasion, Frescangol's director general, Jacinto João, said that the acquisition of the first quantity of cold-storage vehicles is part of the company's relaunch programme, under an action aimed at expanding the trade circuit.
Currently, "Frescangol" yields an overage USD 70,000 per month, corresponding to USD 840,000 per year. The figure is the result of products storage services provided by Frescangol to state and private institutions.
Established on September 18, 1984, the State-owned Frescangol owns the country's biggest refrigerating depot, with a storage capacity of ten tons of goods.
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