Portuguese bank Caixa Geral de Depósitos (CGD) has agreed to fund the rehabilitation works of roads in some regions of Angola.
The contracts of works, that will cover the provinces of Cabinda, Moxico and Zaire, are part of strengthening cooperation between Angola and Portugal.
The work will include the 250 national road, in the Lumeje-Cameia-Lucano section (Moxico), on the Cacongo-Miconje axis (Cabinda) and conclusion and repair of the Nzeto-Soyo highway (Zaire).
The financing contracts were signed this Monday by the Angolan Finance minister Vera Daves, the chairman of the Executive Commission of the Caixa Geral de Depósitos bank Paulo José Semedo and the Portuguese Prosecutor João Manuel de Castro Placido Pires.
A total of 13 legal documents were signed in the presence of the President of the Republic of Angola, João Lourenço, and the Prime Minister of Portugal, António Costa, who is visiting the country for the second time, after 2018.
António Costa has been in Angola for an official visit, at the invitation of the President João Lourenço.
Angola and Portugal established diplomatic relations on 9 March, 1976.
Source: Angola Press News Agency