Luanda — The Ministries of Environment and Territorial Development Planning signed Thursday in Luanda a financial agreement of draft biodiversity for conservation of National Park of Iona.

The document will be signed by the minister of Environment, Maria de Fátima Jardim, and Territorial Development Planning, Job Graça, Angop has learnt.

The ceremony is expected to bring together the European Union (EU) ambassador to Angola, Javier Payol, and representative of the United Nations Development Programme (UNDP) to Angola, who will also sign the same document.

The three-year project has three implementation components.

According to the source, the first phase, already underway, which is aimed at the rehabilitation of the Park worth over USD 5. 55 million.

The second component of the project is estimated at USD 2.169 million, while the third, and the last one, attracts USD 1.179 million.

To this purpose, Angola participates in this project with more than $ 3 million, UNDP (1.140 million), the European Union ( 5.285million dollars) and the Global Environment Fund shares with USD two million.

At the local level, the rehabilitation project of Iona park will enable the Environment Ministry to recover a specific area of the same park.