Angola: China and Angola Assesses Agricultural Sector's Opportunities

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Angola: China and Angola Assesses Agricultural Sector's Opportunities
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The city of Beijing hosted this Wednesday the preparatory meeting of the Angola-China Business Forum, which assessed, among other issues, investment opportunities in the agricultural sector.

Beijing —

On the occasion, the president of the Angola-China Chamber of Commerce, Luís Cupenala, stated that the two countries should turn their attention to other markets and sectors, such as agriculture, where large investments are needed. He highlighted that the Angolan Head of State is the biggest promoter of attracting investment for Angola, and therefore"it is necessary to make a turn and start telling the world, in particular China, that Angola intends to pay great attention to food security".Angola and China are strategic partners, with political-diplomatic and cooperation relations that have seen a notable increase since 2000.

The plan will initially be developed in the provinces of Moxico, Lunda-Norte, Lunda-Sul and Cuando-Cubango, on an area of two million hectares, with an estimated global cost of 1.6 billion Kz .

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