Asia > Eastern Asia > China > Chinese ambassador to Angola calls for better investment climate

China: Chinese ambassador to Angola calls for better investment climate

2017/01/23

The government of Angola should seek to strengthen the investment climate in the country and improve it in order to attract additional foreign companies, the Chinese ambassador to Angola said on Thursday in Menongue.

At the end of a short visit to Kuando Kubango, Cui Aimin, who did not provide figures, said that China will invest in the province in the areas of agriculture, hotels, tourism and construction of infrastructure.

The Chinese ambassador visited Kuando Kubango to discuss the possibility of cooperation with provincial leaders, according to Angolan news agency Angop.

The provincial governor, Pedro Mutindi, noted, in turn, the role played by China in Angola’s reconstruction process next the end of the civil war in 2002.

Mutindi recalled that at the same time as Angola sought funding from international institutions such as the World Bank, only the Chinese government was willing to provide financial resources so that the country could rebuild infrastructure.

“With the support of China it was possible to build or rebuild roads, cities, bridges, airports, railways, schools, hospitals, and supply and distribution systems for water and electricity,” said the provincial governor.

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