Luanda Govt, BPC, Nova-Cimangola sign agreement, Angola

Luanda Govt, BPC, Nova-Cimangola sign agreement, Angola
Published: 17 July 2011

An understanding protocol aimed to guaranteeing supply of national cement to contractors which perform public works linked to Luanda government was signed Wednesday, by the Savings and Credit Bank (BPC), Nova-Cimangola and Luanda Provincial Government (GPL).

The protocol was signed by the deputy governor for financial and productive area, Miguel Catraio, the chairperson of the Board of Directors of the Savings and Credit Bank, Paixão Júnior, and the executive director of the Nova-Cimangola, Mário Medina.

The signing of the agreement was taken into account that public works are of great significance in Luanda, contributing significantly to the economic development and job creation across the supply chain, besides the positive effect of the corresponding taxation.

According to the protocol, it is necessary to ensure the quality of the work promoted by the Luanda government and meet the supply needs of businesses, at the right price.