fbpx

Sino-Africa Relations: Angola Launches Tender Only For Chinese Companies

Sino-Africa Relations: Angola Launches Tender Only For Chinese Companies

From Macau Hub

The government of Angola this month plans to launch a tender exclusively for Chinese companies for the execution of contracts in seven industrial development hubs, according to an official notice published in state-owned newspaper Jornal de Angola.

The announcement from the Secretariat for Public Procurement Affairs of the President’s Civil House, reported that the contracts involved completion of infrastructure of the development hubs of Menongue (Kuando Kubango), Malanje, Dondo (Kwanza Norte), Soyo (Zaire), Caála (Huambo), Negage (Uíge) and Porto Amboim (Kwanza Sul).

The execution of those contracts is set out in the Macro Framework Agreement on Financial Cooperation signed between Angola and China, to finance the projects of priority public investments covered by a credit line from China.

Competitors must be Chinese companies included on a list issued by the Chinese government and will subcontract Angolan companies to incorporate local content of no less than 20 percent of the contract value, the notice said.

The Angolan Ministry of Industry plans to build, in stages, 22 Industrial Development Hubs in the country, covering an estimated area of ​​about 36,000 hectares.

Read more at Macau Hub