Caxito - The Chinese business group ORD has said it plans to invest 50 million US dollars in the agricultural sector in Bengo province.
This investment will begin this year. We will need more than 20,000 hectares for cassava production, the ORD group's CEO, Lin Fanlian, said in Caxito at the end of a meeting with the governor of Bengo, Maria Antónia Nelumba.
"We've already prepared 50 million dollars and we're now doing the survey for this project. Everything will depend on the government's policies which, if they are good, we can increase our investment," he said.
He recalled that the group has already invested 50 million dollars in Bengo province where it has an industrial park in the Barra do Dande commune, with mosaic, cardboard box, enamel and Styrofoam factories and a transport company and a disposable nappies factory.
In the future, he said, the group intends to invest in clean energy production in the province to improve the company's investment.
"We're going to analyse and carry out a survey to invest in this area in the future," he said.
The governor of Bengo province, Maria Antónia Nelumba, on her turn said the investment intention presented by the Ord group would be analyzed by the body she heads.CJ/IF/TED/AMP
