Angola: UTIP signs USD 100 million investment deal

Luanda – At least USD 102 million is the amount of the private investment contract signed today in Luanda between the Technical Unit for Private Investment (UTIP) and the company SWB – Muxima Shopping.

The investment is aimed at building infrastructures (shops, supermarkets and leisure areas), exploration and operating a shopping center located in the province of Luanda, in the municipality of Viana.

The initiative will contribute to the diversification of the economy and increase the supply of spaces for the commercial activity of retail and leisure.

The project will create about 600 new jobs for national citizens and benefits for local communities.

On that occasion, the director of the UTIP, Norberto Garcia, assured that the institution he directs will continue to provide the necessary institutional support.

Source: Angola Press News Agency

Angola: UTIP signs USD 100 million investment deal

Luanda – At least USD 102 million is the amount of the private investment contract signed today in Luanda between the Technical Unit for Private Investment (UTIP) and the company SWB – Muxima Shopping.

The investment is aimed at building infrastructures (shops, supermarkets and leisure areas), exploration and operating a shopping center located in the province of Luanda, in the municipality of Viana.

The initiative will contribute to the diversification of the economy and increase the supply of spaces for the commercial activity of retail and leisure.

The project will create about 600 new jobs for national citizens and benefits for local communities.

On that occasion, the director of the UTIP, Norberto Garcia, assured that the institution he directs will continue to provide the necessary institutional support.

Source: Angola Press News Agency