Africa-Press – Angola. The Special Economic Zone (SEZ) signed a memorandum of understanding with Arise Integrated Industrial Platforms, in Dubai, for the development of industrial clusters within the perimeter under its management. The memorandum was signed by the chairman of the SEZ Board of Directors, Manuel Francisco Pedro, and the executive director, Amorbelo Sitongua, while for ARISE IIP the document was signed by the Chief Operating Officer, Amit Agrawal.
According to a note sent Online, the agreement establishes the terms of cooperation between the two entities for carrying out technical, economic, environmental and legal feasibility studies, with a focus on the development of industrial clusters integrated into the industrial reserves of the EP Special Economic Zone, namely the Viana and Uala Reserves.
With this partnership, the SEZ reiterates its role as a participant in the process of attracting industrial investment, promoting the installation of structuring enterprises that add value to national production chains, foster domestic production and contribute to the creation of sustainable employment.
ARISE IIP is an international company with solid experience in the design and implementation of special economic zones, logistics platforms and integrated industrial value chains, operating in various geographies, with a focus on sustainable development.
The memorandum of understanding is valid for 12 months and may be renewed by mutual agreement, constituting a solid basis for the future implementation of strategic projects within the perimeter of the Special Economic Zone.
This intention represents an important moment in the achievement of the attractiveness and competitiveness of the Special Economic Zone, positioning it as a reference industrial hub in the region, concludes the document.
For More News And Analysis About Angola Follow Africa-Press
