📋 Tender Overview
The world bank is preparing a 300 million project for the lobito corridor, announced the world banks vice-president for eastern and southern africa, victoria kwakwa, warning that countries must facilitate conditions for foreign investment. the three countries involved must also work on connectivity, each must create conditions to increase trade, improve regulatory barriers and create connectivity infrastructures so that the region becomes a source of trade and development, said victoria kwakwa, quoted by lusa.
The world banks vice-president for eastern and southern africa recalled that this is a strategic project and stressed that the governments of angola, the democratic republic of congo (drc) and zambia must work together and put in place policies that support development and the right framework to foster trade and supporting infrastructures. the world bank, he added, has a job creation project for micro, small and medium-sized companies, worth 300 million dollars, to train around 12 thousand companies that operate along this railway and economic corridor, which runs from the port of lobito to the democratic republic of congo and northern zambia. source: jornal de angola.
