Africa-Press – Angola. The President of the Republic, João Lourenço, received, this Saturday, in Beijing, People’s Republic of China, 17 Chinese businesspeople who operate in various sectors in the Angolan market.
Among the entities received by the Head of State, as part of his three-day official visit to the “Asian giant”, the chairman of the Board of Directors of Sinofarm, Liu Jingzhen, stands out.
With this entity, João Lourenço spoke about the company’s prospects, which intends to set up a pharmaceutical and vaccine production factory in Angola.
At the end of the hearing, the Minister of Health, Sílvia Lutucuta, said that Sinofarm will send a delegation to evaluate and prospect the market, and see the conditions for establishing a pharmaceutical industry.
“The President of the Republic has been working on this aspect and also made this request to Sinofarm”, he highlighted.
Also this Saturday, João Lourenço spoke with the president for sub-Saharan Africa at Huawei Group, Hár Gao, who thanked the Angolan Executive for holding the Angola-China Business Forum.
According to Hár Gao, Huawei received the investment request from the Angolan Government in 2018 and invested an amount of USD 80 million to build the technology park in 2022.
During this process, he said, Huawei received a lot of assistance from Angola, especially AIPEX, which is why it took the decision to establish the Huawei Africa ICT Academy in Angola.
Over 22 years in Angola, Huawei was certified as an exemplary contributor for five consecutive years, from 2018 to 2023.
His manager added that Huawei received a lot of support from the Angolan government, and called on Chinese businesspeople to invest in Angola, reinforcing that “the time is now”.
In another meeting, João Lourenço received the chairman of the Board of Directors of the China International Trust Investment Corporation, Xi Guohua, who presented his investment plan for the Angolan market.
Angolan community
In the series of separate hearings, the Angolan President also received a group from the Association of the Angolan Student Community in the People’s Republic of China.
The head of the association, Odair Miguel, said he had presented proposals from Angolan students to help with the country’s development.
Odair Miguel has a degree in Airport and Port Logistics and in the field of agriculture.
In addition to the hearings, the Head of State’s agenda reserved this Saturday for participation in the Angola/China Business Forum, which aimed to capitalize and attract several private investments from the “Asian giant” to the country.
A trip to the province of Xandong is also scheduled for the last day of the visit, where João Lourenço will meet with those responsible for the productive sectors in the textile, pharmaceutical and agricultural industries.
According to available data, over the last 13 years, China has become one of the countries that invested the most in restructuring and building infrastructure in Angola, which allowed the movement of people and goods and the boost of the Angolan economy..
Since the beginning of the reconstruction and construction of development infrastructures in Angola, in 2002, the trade balance between the two States was fixed at 150 million dollars. Twenty years later, China became Angola’s largest creditor.
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