NewsDownstreamSino-Ord Parque Industrial and OT International join forces to construct aluminium facility in Angola's Bengo province
06 JULY 2023AlCircle.com

Sino-Ord Parque Industrial and OT International join forces to construct aluminium facility in Angola's Bengo province

Edited by : Rupankar Majumder
1 min read
Sino-Ord Parque Industrial and OT International join forces to construct aluminium facility in Angola's Bengo province

According to an official statement from the Bengo government, Sino Ord Parque Industrial, an Angolan company, and China's O.T. International have recently entered into a signed agreement. This significant collaboration paves the way for a substantial investment of USD$200 million, which will be utilized to establish an aluminium facility in the northern region of Bengo province, Angola.

Sino-Ord Parque Industrial and OT International join forces to construct aluminium facility in Angola's Bengo province

The agreement was officially endorsed during the third China/Africa Economic Forum hosted in Huan, China, with the presence of Maria Antónia Nelumba, the governor of Bengo, as a witness.

The provided statement mentioned that the Governor of Bengo met with the managing board of Huan Construction Investment, a prominent organization involved in constructing roads, bridges, ships, and homes. However, no additional information regarding the agreement was provided.

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The delegation is scheduled to conduct multiple meetings with business individuals from various industries until July 5, 2023, as part of their efforts to attract investments to Bengo province. The Africa-China Forum is a platform designed to foster and enhance collaborations across diverse industries, promoting mutual growth and advancement.

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