The Angolan business group OPAIA will invest 2.2 billion dollars (kz 1.8 billion) for the construction of a fertilizer industrial complex, in the municipality of Soyo, Zaire province.
The manufacturing unit, which will be run by the subsidiary AMUFERT, will have the capacity to produce one million 200 thousand tons per year, assured this Thursday, in Luanda, the president of the group’s Board of Directors (PCA), Agostinho Kapaia.
On the sidelines of the official signature, with the Government of the province of Zaire, for the granting of the title to 152 hectares of land for the implementation of what will be the largest fertilizer industry in the country, the manager said that the factory will start in the first quarter of 2027 and plans to employ 3,500 people locally.
According to the investor, the Angolan fertilizer market annually consumes quantities of less than 200 thousand tons and, with the production of this factory (1 million 200), there will be a surplus that will be used for export.
