Opportunities highlighted in greenfield projects.

Angola has invited Indian businesses to participate in the development of Commercial Agriculture; food-processing and beverages industry; Geology and mining; and Transports and logistics.

Dr Abrahao Pio dos Santos Gourgel, Minister of Economy, gave presentation of investment opportunities in his country during his visit to India.

There are numerous investment opportunities available particularly in the Greenfield projects which would help in creating new production capacity and jobs, he said.

He highlighted opportunities for Collaboration/Joint Ventures through the private sector or the Public Private Participation mode.

A large number of investment opportunities were highlighted across sectors such as Water and energy: 65 projects, with an investment target of US$14.4 billion; Food production and Agro-business: 57 projects, with an investment goal of US$2.8 billion; Infrastructure, social housing with construction of more than 300,000 houses with expected investments of US$6.3 billion; Transport and logistics: 123 structural projects, with investment targets of US$24.4 billion.

The minister made the presentation during “Investing in Angola” on 13 June 2017 at the Federation of Indian Chambers of Commerce and Industry. fii-news.com