December 31, 2005
  
 
NEWSLETTER

«Angola's Vast Economic Potential»




OIL AND GAS INDUSTRIES
Angola's 34 offshore concession areas stretch westward into the Atlantic Ocean in three distinct bands: shallow water blocks with a depth of no more than 1,670 feet, deep water blocks with a maximum depth of 4,950 feet, and ultra deep blocks with a maximum depth of 8,250 feet
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DIAMONDS
First discovered in Angola in 1912, diamonds are found in both alluvial deposits and volcanic kimberlite pipes. Geologists estimate that Angola's alluvial reserves could total as much as 130 million carats «more»
IRON ORE
With substantial deposits of gold, iron ore, phosphates, manganese, copper, lead, quartz, gypsum, marble, black granite, beryl, zinc and numerous base and strategic metals...«more»
 
HYDROELECTRIC
Plans include a $500 million effort to rehabilitate the National Electricity Company hydropower stations and a $200 million project to repair six dams.«more»
A COFFEE PRODUCTION
Before 1975, Angola was the world's fourth largest coffee producer. The International Coffee Organization (ICO) is funding an $8 million pilot project aimed at rehabilitating the coffee sector by resettling coffee farmers and assisting them to establish new farms. «more»
 
MANUFACTURING AND INDUSTRIAL
Angola is beginning to attract investors in the manufacturing and industrial sector. The Coca Cola Company has opened a bottling factory. The Chinese Guangdong Overseas Construction Corporation is building the first motorcycle assembly plant in Angola.«more»
TIMBER
Angola's extensive forests contain valuable tree species including rosewood, ebony, and African sandalwood, as well as mahogany, tola and mulberry «more»
 
FISHERIES
Angola's 1,600 kilometer coastline teems with mackerel, tuna, shellfish and sardines.«more»

SUPPORT TO INVESTORS INDUSTRIAL DEVELOPMENT POLES
The PDIs (" Industrial Development Poles ") are the foundation of the re-industrialization program aimed at boosting the industrial sector. The PDIs are strategic parcels of land with basic industrial infrastructure. They were previously set aside SUPPORT TO INVESTORS INDUSTRIAL DEVELOPMENT POLES and cautiously delimited because of their worthiness in energy, water, telecommunications, access to roads and/or railroads among other criteria.
For more information about regulations of doing business in Angola click on Trade link above or simply here «Regulations»
 
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