These companies to share the fruits of rapid economic development in Angola

East African countries of Angola, Luanda, the capital of the old city reconstruction project starts Karen Ge district, Angolan President Jose Eduardo dos Santos visit the foundation stone laying ceremony for the first puzzle piece of the old city reconstruction project foundation stone, and this project is from Sichuan, by a construction of private enterprises. This is just the enterprises to participate in a microcosm of post-war reconstruction in Angola. Since the end of the civil war in Angola since 2002, a growing number of -funded companies into the African countries. These companies to share the fruits of rapid economic development in Angola, but also work together with Angola to withstand the international financial turmoil.

figure everywhere

Angola is the baptism of a war-torn land, once the international public opinion as war, famine, poverty, backwardness, disease, and only death. After the civil war in 2002, Angola has maintained double-digit economic growth, the highest annual growth rate of more than 25%, Wei as the internationally recognized fastest growing economies in the world's countries.

Post-war reconstruction process in full swing in Africa to Angola, the largest piece of fertile land for investment in Angola as a giant magnet, attracting the building industry giants from around the world.

According to reports, companies began to visit Angola in 2005 and quickly became the post-war reconstruction process of Angola, the effective strength. currently participating in post-war reconstruction up to more than 50 large state-owned enterprises, private enterprises reached four or five hundred, in Angola, entrepreneurship, business, participation in post-war reconstruction of nearly 10 million people.

Currently, each key construction projects in Angola, almost can find people busy. In the southern suburbs of Luanda area Greece, CITIC Construction Group construction of Angola's largest social housing project a project is nearing completion, in the efforts of million workers, more than 700 high-rise buildings have been erected complete the cap. Railway 20 Bureau of the construction of the railway is 450 km and 1,300 km Luanda, Benguela railway repair project is the construction of enterprises in Angola, the second major project. Hydropower Construction Group, the construction of hydropower and infrastructure development throughout the 18 provinces of Angola. Harbour Company is the construction of the Luanda port construction.

Not a tear up the contract

In 2009, the international financial crisis began to appear in Angola, from the hundreds of dollars in international oil prices fell to $ 30, oil prices plunged the economy led to civil war in Angola since the end of the first negative growth. Economy has been battered in the process of reconstruction funds led to strand breaks, airports, ports, roads, housing, railways and other large infrastructure projects because funds are not in place and production downtime. Participation of enterprises in the reconstruction process has been greatly affected naturally.

The face of financial crisis, most enterprises have chosen to work together with security trying to tide over the crisis. 's ambassador to Angola, Chamberlain said to this reporter in 2009, is the most difficult post-war reconstruction in Angola for one year in Angola, the most serious moment of economic crisis, not a large state-owned enterprises in break the contract. CITIC Construction Group which by virtue of its strong financing capability, the financing of 450 million U.S. dollars in , Greece to support Residential construction projects: large-scale state-owned enterprises in made with the Angolan Government and the people through thick and thin, a total of anti-choice crisis, won the trust and respect of Angola.

At present, the Angolan government has to adjust policy to develop a multi-directional, the overall economic strategy of sustainable development and reduce dependence on the oil industry. While Angola has oil from a system perspective to ensure that income support with a focus on reconstruction projects. Since 2010, Angola has the CITIC Group, the construction of the building area of social housing projects Greece, Railway 20 Bureau of the years the construction of the Benguela railway and the railway Anda overhaul project, Harbour Engineering Company the construction of the port expansion plan direct management of national oil companies owned and operated. Angolan state oil company returned the package of outstanding companies Angola nearly one billion U.S. dollars for projects.

This year the international financial crisis is weakening, oil prices rebounded, the Angolan economy clear signs of recovery, to the post-war reconstruction process, has injected new vitality.

Private enterprises gain a firm foothold in

Angola's capital Luanda is the world's most crowded cities, the infrastructure is far behind the needs of the population, the old city reconstruction project in Luanda has become a key security post-war reconstruction. Given the economic situation has improved, the Government of Angola on November 8 launched the du thin thickness self-lubricaring bushings Manufacturers long-awaited public urban renewal project, the most crowded year-old Anderson Karen Ge eastern district renovation project to become the first major battle, and win this important project Sichuan, 's private enterprises is an international group of seamounts.

Karen Ge regional project is the transformation of the old international group of seamounts in Angola in recent large-scale projects to get the third, marking the private enterprises have become the post-war reconstruction process in Angola, a force to be reckoned.

private enterprises to go abroad, to overseas market development, is the general trend is to a certain stage of economic development, natural product. He believes that private enterprises in order to gain a firm foothold in Africa, it must be economic and cultural realities of Africa as the basis, the culture and the integration of African society, to the "cultural integration and economic integration of both," the road to for 30 years market economy and private economy experiences to the experience of African countries to develop enterprise development "long-term and localization" of the operation and development strategy.

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