VOL. NO: 46      DATE:
 
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AFRICAN ECHO BUSINESS NEWS

Brazilian exports to Angola estimated at $750 million

Brazilian exports of goods and services to Angola in the 2006/2008 period, must be estimated at Usd 750 million, according to the Cabinet Council in Luanda.

A session of the Cabinet Council, chaired by the Angolan head of state, Jose Eduardo dos Santos, analysed the Protocol of Understanding of May 3, 2005 that might enable the expansion of the value of Brazil's credit to Angola. 

A press release from the meeting states that the contract signed between Angola's Institutes of Roads and the construction and commerce firm Camargo Corrêa-S.A. will lead to the construction of road infrastructures in some areas of Luanda city, seeking to improve traffic.

 

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