Angola to consume over $ 16 bn for electric sector until 2016

Dec 18, 2011 12:00 AM

The country's electric sector will consume until the year 2016 investments calculated at $ 16,5 bn, for the production, conveying and supply of electric energy from the northern, southern, central and isolated systems of the country.
This information is contained in a corrected studies presented at the Cambambe Dam (Kwanza Norte province), by the minister of Energy and Waters, João Baptista Borges.

The government official said that these big electric investments can be justified to meet the annual electricity demand that is estimated at 12 % and the challenges related to industrialisation, as well as to the emergence of new residential areas.
From the aforesaid investment, the minister said that the country's northern system, which comprises the provinces of Kwanza Norte, Luanda, Bengo, Malanje, Uíge, Kwanza Sul and Zaire, will spend more than $ 12 bn.

The government official unveiled this information during a workshop on "The construction of infrastructures as a sustainable way of eliminating poverty", with major incidence to the plan of the electric sector. The workshop marked the end of the 15 days of the events dubbed "MPLA and the Economy", in the light of the 55th founding anniversary of the ruling MPLA party, celebrated last December 10, in a promotion of the politburo and of the committee of economists of the referred party.
He stressed that for the successful implementation of the government's strategy to combat poverty, electricity infrastructures are essential and probably the most important elements for the country's sustainable development and for the improvement of the population living standards.


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