UAE propose to invest 2000 million dollars in Angola

UAE propose to invest 2000 million dollars in Angola

DR

The United Arab Emirates proposes to invest around 2000 million dollars in the construction of a tractor assembly line, gas and electricity production and agriculture, said the sheik of Dubai on Tuesday in Luanda.

At the end of a hearing granted by the President of the Republic, João Lourenço, Ahmed Dalmoor Al Maktoum said he believes that the effects of the cooperation will begin to be felt within six months, according to the Angop news agency.

He also said that cooperation in the gas production sector will reduce electricity costs and support the industry. He also expressed the interest in working on water desalination projects, as well as projects that help reduce unemployment.

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