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CITIC’s chairman visits Angola, lauds Dos Santos’ initiatives

By Eric Deville     Sep 21, 2012 in World
Chang Zhenming, chairman of Chinese state-investment company CITIC, ended on Wednesday a two-day trip to Angola where he visited his company’s main investments sites.
On Monday, Chang Zhenming visited the site of Luanda (Kilamba), where +100 000 homes have been built by the construction arm of the Chinese giant group. This project was launched in 2008 and represented the largest housing project China had ever contracted abroad back then. Zhenming applauded the efforts of the Dos Santos government for its massive housing effort merely ten years after the country ended a 20-year long civil war.
CITIC representatives also visited the regions of Uige and Malanje where the company has set up modern agricultural research centers run by a Chinese technical staff. 28 Angolan technicians are planned for 2-year technical training program in China so that those research centers can be run by locals instead of Chinese technicians.
Chang Zhenming congratulated the engagement of Angola’s newly reelected president Dos Santos for promoting development projects that harvest better living conditions for Angolans (and great business for China).
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