Informacion economica sobre Cuba

Cuba seeking more construction projects in Angola

Cuba is offering Angola design and management of larger infrastructure
projects, official news agency Angop reported.

Cuban workers, technicians and engineers are working on a road repair
program and reconstruction of highway bridges. Cuban brigades are
rehabilitating roads in Bengo and Kwanza Norte provinces and repairing
11 bridges in the South of the country; the road repair program is 47
percent complete, with total completion expected for the end of the
year, and 10 of the 11 bridges have been fixed, according to Pires.

During an eight-day visit to Luanda, Cuban Vice President Ricardo
Cabrisas, who is in charge of economic relations with Cuba’s most
strategic partners, met with various cabinet ministers and President
Eduardo dos Santos. Among others, Cabrisas held talks with Construction
Minister Waldemar Pires Alexandre about new projects, including more
road repairs.

“Concerning the construction sector, Cuba is ready to continue to
participate with its human capital in the drafting and implementation of
large projects in the area,” Cabrisas told reporters after meeting with
the construction minister, according to Angop.

Construction aside, Cuba has cooperated with Angola on oil. CubaPetróleo
is a junior partner of Argentina’s PlusPetrol in drilling in the
southern part of Angola’s Cabinda exclave. Angolan state company
Sonangol helped Cupet acquire a 5-percent stake in an onshore block in
2009; the Castanha-1 well there has been producing oil since 2010, and
Pluspetrol said last year the Cabinda South block had a “highly prolific
inventory of prospects that will be drilled.” Sonangol also contracted
two offshore blocks in a joint venture with Cupet in Cuban waters of the
Gulf of Mexico.

http://www.cubastandard.com/2013/05/21/cuba-seeking-more-construction-projects-in-angola/


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