Angola: Ministry of Geology Signs Infrastructure Construction Deal

A contract for the construction of infrastructures under the National Geology Plan (PLANAGEO) was signed Thursday in Luanda, between the Angola Institute of Geology (IGA) and the Chinese firm CITIC.

Estimated to cost Akz 6.2 billion (Usd 62 millon), the project includes the construction of laboratories, headquarters and correspondents networks, equipment, technical assistance and training.

Speaking on the occasion, IGA Director General, Mankenda Ambroise, stated that the construction of the infrastructures in the country represents a new page in the history of the mining and geological research.

With such infrastructures in the country, there will be a major control of all required information and facilitated geological and mineral research in the national territory.

Meanwhile, the Minister of Geology and Mining, Francisco Queiroz, said on the occasion that the signing of the deal is important as the infrastructures are strategic in the development of the Angolan mining industry.

He added that IGA participation in the initiative is crucial for the project.

The signing of the contract, he added, will be followed by the construction of the infrastructures in 18 months time.

The contract was signed by IGA Director General, while CITIC was represented by its deputy Director for Africa, Liu Gui Gen.

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