UAE invests $200 million in Angola’s agrarian technological centers
London, Dec. 28, 2018 (AltAfrica)-The United Arab Emirates (UAE) will invest US $ 200 million in 18 agricultural technology centers in Angola.
The investment, to be executed in about 5 or 7 years, aims at training the staff of the Agriculture and Forestry sector and the peasants in techniques of production, processing and commercialization of agricultural goods.
The project will be implemented in the country’s 18 provinces and is the result of a memorandum of understanding signed between the Ministry of Agriculture and Forestry’s Institute of Agrarian Development (IDA) and the Sheiki Ahmed Office Dalmjook Al Maktoum of the UAE.
In a first phase will be implemented in the provinces of Bie, Huambo, Luanda and Bengo and later will advance to the other provinces.
All technological centers will have laboratories to analyze the soils of the different provinces in order to assess the need for nutrients, since there will be a fertilizer mix processing structure to satisfy each region.
IDA director David Tunga said after the agreement that each province will have a major center and that will result in small centers at the level of some municipalities.
He also informed that in the first phase of the implementation of the project, which will be in about five or seven years, the management will be under the responsibility of the investors.
The management of these centers will be under the tutelage of the United Arab Emirates, in order to recover the investment made and at the same time technicians and peasants will be trained. After consolidation, the project will be delivered to the Government of Angola for autonomous management.
David Tunga explained that they intend to achieve, with this project, maximum families in each province, based on the number of peasants in them.
For its part, Sheiki Ahmed Dalmjook Al Maktoum said that he wants to move quickly on projects to increase production and support Angola’s agricultural sector.
“We welcome the Angolan Government and look forward to other international investment opportunities, as there is greater credibility in the Angolan market,” said the UAE official.