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Public works, education and transport top list of investments by China's Exim Bank in Angola
Luanda, Angola, 30 Aug – Public works, education and transport projects have benefited most from credit concession agreement between the China Export-Import Bank (Eximbank) and Angola, which now total US$4.547 billion.
According to official figures published recently in the Angolan edition of Exame magazine, in a special supplement dedicated to the economic relationship between Angola and China, over US$905.5 million has been channelled to public works projects, or around 20 percent of the total.
For education projects US$642.5 million has been spent or 24.1 percent of the total and the transport sector has received US$572.8 million, or 12.6 percent of the total. [ more ] |
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