India looks forward to cooperation with Angola in MINERAL INDUSTRY
The Government of India explores the features found in Angola, the sources for the supply of rough diamonds, and encourages entrepreneurs to create a factory in Angola diamond cutting and polishing, the Minister of Commerce and Industry of India Kamal Nath (Kamal Nath), reported Press Trust of India on August 28. The Minister announced his intention during a recent meeting in India with his Angolan counterpart, Mr. Santos Gorzhelom Abrabau Piu (Abrabao Pio Santos Gourgel).
The Minister also expressed an interest in co-operation between the two countries and in respect of other minerals, including phosphates, manganese, copper and zinc. He said that the Indian government is ready to invest more than $ 1 billion. in the construction of refinery in Lobito Company (Lobito) in Angola.
K.Nath also spoke about the credit lines that are created by the government to allow a group of Rail India Technical and Economic Services (RITES) to begin large-scale projects in Angola.
