16 June 2009
Luanda — The foundation stone for the construction of the new cold storage warehouse with the capacity of conserving 500 tonnes of farming products of the Angolan Firm for the Conservation and Trading of Perishable Products "FRESCANGOL", was laid this Tuesday, in Luanda, by the minister of Agriculture, Afonso Pedro Canga.
Estimated at USD five million, the undertaking will serve to preserve farming vegetable products, the director general of FRESCANGOL, Jacinto João, told the press after the foundation stone laying ceremony.
According to the official, the construction of this new cold storage warehouse is part of the company's re-launch programme meant to modernise its infrastructures and renew its fleet of cold trucks.
"Two years ago the firm's management board presented, to the secretary of state for the pubic business sector, an infrastructure reinvestment project, which resulted in the acquisition of 15 trucks and also for the approval of this new cold storage warehouse", he explained.
Set to be concluded next December, the infrastructure shall be built in an area of half a hectare by the Spanish (IESCA) firm specialised in the construction and supply of cold product equipment.
On the other hand, FRESCANGOL makes an average profit of USD 70,000 per month, which corresponds to USD 840,000/year.
Now with 250 employees, FRESCANGOL, a state-run company, operates since 18 September 1984 and has the largest number of cold storage warehouses in Angola.
Be the first to Write a Comment!
Copyright © 2009 Angola Press Agency. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.
AllAfrica aggregates and indexes content from over 125 African news organizations, plus more than 200 other sources, who are responsible for their own reporting and views. Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica.
