Luanda - Twenty years after setting up shop in Angola, the Chinese company Niodior opened, this Saturday, in Luanda, a factory with the capacity to assemble more than 11,000 Keweseki motorcycles a year.
Angola’s minister of Industry and Commerce, Victor Fernandes, unveiled the infrastructure, which had a global investment of USD 15 million.
Addressing the inauguration ceremony, the official said that, despite Covid-19, the partners continue to trust and committed to the Angolan Executive policies.
The factory generates 50 jobs, said the official, predicting an increase of 200 in a short period of time.
The assembly of these important means of transport in the country will allow the reduction of their imports, according to the official.
“From 2020 to 2021, the country imported 59,920 motorcycles, with USD 31.5 million spent on this process”, revealed the minister.
He underlined that this type of projects contribute positively to the promotion of the Rural Trade Development Programme (PDCR), especially in the sale of small products, as well as in the transport of other goods for trade.
In turn, the Chinese ambassador to Angola, Gong Tao, said that Chinese companies will continue to contribute to economic development and the promotion of employment in the country.
China encourages its businessmen to invest more in Angola in the areas of technology, industry, agriculture and fisheries and minerals and infrastructure, to ensure sustainable development and quality of life for Angolans.
The president of the Angola and China Chamber of Commerce and Industry, Luís Cupenala, believes that these investments reflect the healthy business environment between the two countries.
He put the Angola/China trade balance in 2021 at USD23 billion, of which USD 20.34 billion came from the exports and USD 2.64 billion from imports.
