{"id":36816,"date":"2023-06-12T16:04:15","date_gmt":"2023-06-12T16:04:15","guid":{"rendered":"https:\/\/www.africa-press.net\/angola\/?p=36816"},"modified":"2023-06-15T21:01:10","modified_gmt":"2023-06-15T21:01:10","slug":"agreement-with-caixa-de-depositos-in-the-order-of-usd-900-million","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/angola\/all-news\/agreement-with-caixa-de-depositos-in-the-order-of-usd-900-million","title":{"rendered":"Agreement with Caixa de Dep\u00f3sitos in the order of USD 900 million"},"content":{"rendered":"

Africa-Press – Angola. <\/strong><\/span>Portuguese bank Caixa Geral de Depo\u0301sitos (CGD) will finance more than USD 900 million for the implementation of five projects linked to road and electricity infrastructure.<\/b><\/p>\n

The funding is part of the agreements recently signed between Angola and Portugal, in Luanda, within the scope of the visit of the Portuguese Prime Minister, Anto\u0301nio Costa.<\/p>\n

Of the five projects to be financed, four are linked to the recovery of roads in the provinces of Cabinda, Moxico and Zaire, for a value close to USD 850 million.<\/p>\n

These are works projects for the rehabilitation of national road 250, on the Lumeje-Cameia-Lucano section (Moxico), on the Cacongo \u2013Miconje \u200b\u200baxis (Cabinda) and the completion and repair of the Nzeto-Soyo motorway (Zaire).<\/p>\n

According to the administrator of Banco Baixa Geral Angola (BCGA), Francisco Oliveira, from the Caixa Geral de Depo\u0301sitos Group (CGD), the remaining amount will be used for infrastructure connected to electricity without advancing the beneficiary location.<\/p>\n

Speaking this Friday, on the sidelines of the signing of the Agreement between the BCGA and the Credit Guarantee Fund (FGC), Francisco Oliveira assured that the five projects had already been approved, of which three had been formalised.<\/p>\n

“These five projects have already been approved, of which three are already formalized and two will be formalized very soon”, said Francisco Oliveira.<\/p>\n

The two missing ones, he added, are connected to the electricity infrastructure and the other to the road.<\/p>\n

The electrification project is related to a distribution center, which will transform high voltage energy into medium and low voltage for domestic consumption.<\/p>\n

National and Portuguese companies will be involved in the undertaking of the five projects.<\/p>\n

Among the contractors, Mota-Engil, Engevia and the company Enerline stand out.<\/p>\n

The financing contracts for the referred works were initialed on the 5th of June of this year, between the Minister of Finance of Angola, Vera Daves, the chairman of the Executive Committee of Banco Caixa Geral de Depo\u0301sitos, Paulo Jose\u0301 Semedo, and the Portuguese attorney , Joa\u0303o Manuel de Castro Placido Pires.<\/p>\n

The signatures of the legal documents, in a total of 13, were witnessed by the President of the Republic of Angola, Joa\u0303o Lourenc\u0327o, and by the Prime Minister of Portugal, Anto\u0301nio Costa, who visited the country for the second time, after 2018.<\/p>\n

For More News And Analysis About Angola<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Angola. Portuguese bank Caixa Geral de Depo\u0301sitos (CGD) will finance more than USD 900 million for the implementation of five projects linked to road and electricity infrastructure. The funding is part of the agreements recently signed between Angola and Portugal, in Luanda, within the scope of the visit of the Portuguese Prime Minister, […]<\/p>\n","protected":false},"author":84,"featured_media":36815,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7,244],"tags":[233,337,329],"class_list":["post-36816","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","category-to-homepage","tag-africa-press","tag-africa-press-angola","tag-angola"],"yoast_head":"\nAgreement with Caixa de Dep\u00f3sitos in the order of USD 900 million - Angola<\/title>\n<meta name=\"description\" content=\"Portuguese bank Caixa Geral de Depo\u0301sitos (CGD) will finance more than USD 900 million for the implementation of five ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/angola\/all-news\/agreement-with-caixa-de-depositos-in-the-order-of-usd-900-million\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Agreement with Caixa de Dep\u00f3sitos in the order of USD 900 million\" \/>\n<meta property=\"og:description\" content=\"Portuguese bank Caixa Geral de Depo\u0301sitos (CGD) will finance more than USD 900 million for the implementation of five ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/angola\/all-news\/agreement-with-caixa-de-depositos-in-the-order-of-usd-900-million\" \/>\n<meta property=\"og:site_name\" content=\"Angola\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-12T16:04:15+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-15T21:01:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/angola\/sites\/65\/2023\/06\/sm_1686568175.186886.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1629\" \/>\n\t<meta property=\"og:image:height\" content=\"1045\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/agreement-with-caixa-de-depositos-in-the-order-of-usd-900-million#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/agreement-with-caixa-de-depositos-in-the-order-of-usd-900-million\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Agreement with Caixa de Dep\u00f3sitos in the order of USD 900 million\",\"datePublished\":\"2023-06-12T16:04:15+00:00\",\"dateModified\":\"2023-06-15T21:01:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/agreement-with-caixa-de-depositos-in-the-order-of-usd-900-million\"},\"wordCount\":400,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/agreement-with-caixa-de-depositos-in-the-order-of-usd-900-million#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/angola\/sites\/65\/2023\/06\/sm_1686568175.186886.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Angola\",\"Angola\"],\"articleSection\":[\"all news\",\"economy\",\"head lines\",\"to-homepage\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/angola\/all-news\/agreement-with-caixa-de-depositos-in-the-order-of-usd-900-million#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/agreement-with-caixa-de-depositos-in-the-order-of-usd-900-million\",\"url\":\"https:\/\/www.africa-press.net\/angola\/all-news\/agreement-with-caixa-de-depositos-in-the-order-of-usd-900-million\",\"name\":\"Agreement with Caixa de Dep\u00f3sitos in the order of USD 900 million - 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