24 May 2013

Angola: President, Odebrecht Leader Assess Company's Functioning

Luanda — Angolan Head of State José Eduardo dos Santos, Friday in Luanda met with the "Odebrecht" CEO, Marcelo Odebrecht, with whom he analysed the performance of the Brazilian Building company operating in Angola, for about 30 years.

At the and of the audience, held at the presidential palace, the businessman said that he assessed with President the execution degree of the projects awarded to his organisation and planned others fields for performance, with stress to the agriculture.

He announced that the Odebrecht will allocate more than USD 2 billion for the implementation of the project in Angola in next three years. The company employs, currently, 22,000 nationals in various fields.

The Brazilian company's plan include the production of sugar, alcohol, oil, poultry, fertilizers and other products still imported on a large scale, apart from the social, cultural, and staff training.

Marcelo Odebrecht estimated that in the next five years Angola can considerably reduce the levels of poverty, judging by farmland that the country offers.

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