Angola attends international mining trade fair

Luanda – Angola is participating, for the first time, in the ninetieth edition of the Mining, Ports and Logistics Fair, in the city of Toronto (Canada), on 13-15 June of this year, with a delegation composed of 20 technicians and national businesspeople, mainly from the mining sector.

Angola’s participation will serve to present the country’s potential, with a view to attracting investment and funding, based on the dynamics of the market and the potential of the world in the mining, exploration and prospecting sector.

The trip will also serve to establish official contacts with counterparts from the participating countries, particularly with Chinese businesspeople.

In a press conference held Friday in Luanda, the president of the Angola Canada Business Chamber (CINAC), Adriano Campos, announced that the delegation is made up of professionals from large and medium-sized institutions, such as Catoca, Calonda, ZEE (Special Economic Zone) Sonangol, among others, with the aim of boosting the participation of national and Canadian businesspeople in the diversification of the economy, as well as in economic and social development.

He clarified that since last April, the chamber has ensured the participation of the business community in the sectors of oil and gas, telecommunications, ports and mining, agriculture and industrial production and agriculture.

“As a result of this event we have parallel agencies in the logistics sector, telecommunications, industry and other areas that have shown interest in participating, due to the desire of Angolan companies to get to know and penetrate that market,” he said.

The president explained that the chamber had also been studying better ways of financial cooperation with sectors of the state, with a view to diversifying the economy in both areas, mainly to ensure greater employability and revenues that will contribute to the national economy.

The vice-president of the Angola Canada International Chamber, Adulai Baldé, lamented the fact that relations between the two countries have so far been very “timid,” such as the purchase of some Canadian aircraft for Angola and exploration in two oil blocks, a situation that is initially expected to change in two years.

The businessman said he was very interested in continuing the business and that he was identifying the common interests of businesspeople from the two countries, in order to analyse the markets and commercial exchange.

From 12 to 15 August the Angola Canada business chamber also has activities focused on the fertiliser sector (production and exploration), with regard to food safety taking place in the city of Alifax.

This event will be represented by a mixed delegation of state and private actors to explore in greater depth the area in question.

The international business chamber Angola Canada aims to promote and consolidate the economic and trade relations between the two countries, within its actions of complementarities of the Government for the diversification of the economy.

 

Source: Angola Press News Agency

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