Baa farta: The provincial governor of Benguela, Manuel Nunes Jºnior, stated this Thursday in Baa Farta that the 'Calombolo Qumica' chemical products factory is an investment that places Angola at a higher level in terms of industrial and technological capacity. Speaking after inaugurating the factory, the governor stated that the investment demonstrates that it is possible to develop a more competitive and technologically advanced industry in the country.
According to Angola Press News Agency, the governor highlighted that the caustic soda, sodium hypochlorite, and hydrochloric acid produced by the factory are still largely imported, a situation that leads to high costs for Angola's balance of payments. In their opinion, 'Calombolo Qumica' will contribute to reducing the importation of these products and, simultaneously, promote the creation of more jobs. He added that the factory will also contribute to the creation of national wealth through the payment of taxes.
"The higher the profits, the higher the taxes, and with this money, the State will have more resources to build schools, health posts and centers, as well as new productive and social infrastructure," he stated. Manuel Nunes Jºnior also referred to the social and economic dimension associated with the project, considering that the impact of an industrial unit should not be evaluated solely by its production capacity.
'We believe that the true value of a factory like this is not measured solely by the tons produced, but also by what it makes possible in terms of associated businesses,' he said. According to the governor, when an industrial unit manages to generate dozens or hundreds of small business initiatives, it creates an economy capable of distributing opportunities throughout the value chains. "It is this multiplier effect that we must stimulate, this is the type of industrialization we want for Benguela, this is the type of industrialization that Angola needs," he emphasized.
The governor recalled that the municipality of Baa Farta has an economic history strongly linked to the sea, fishing, and salt production. "The factory we are inaugurating today demonstrates that our municipalities can diversify their economies without losing their roots," he concluded.
