6 March 2014

Angola: President Discusses Investment With Foreign Entrepreneurs

Angolan head of State José Eduardo dos Santos Thursday in Luanda granted two separate audiences to foreign businessmen with whom he discussed matters related to the investments in the economic field in Angola.

The first audience was granted to CEO of the Portuguese construction company "MotaEngil", António Mota.

Speaking to the press at the end of the meeting, António Mota announced the construction soon of two new companies.

He spoke of construction of a retreading and recycling of tires and another of Angolan ownership linked to the construction and installation of high and low voltage networks.

The projects will cost 266 million Kwanzas.

In another audience the President received the Executive chief of private-owned Andbank bank, the Spanish Jordi Comas, who expressed availability of his banking institution to invest in Angola.

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