As a landmark project of the Belt and Road cooperation, the new Dr. Antonio Agostinho Neto International Airport (AIAAN), Angola’s new international airport went into operation last November.
AIAAN infrastructure is valued at around $3 billion. The project was fully funded by the Angolan government as a public investment. The Chinese government has provided the loan for the airport construction project. China National Aero-Technology International Engineering Corp, the major construction subsidiary of AVIC International Holding is the contractor on the project.
AIAAN is the most comprehensive and largest airport ever built by any Chinese enterprise outside China. The airport project has created more than 10,000 jobs for local residents, ranging from construction laborers to engineers and translators.
What does it mean to Angola, a sub-Saharan country?
Angola, a country located on the south-west coast of sub-Saharan Africa, covers an area of 1,247,000 square kilometres. Angola is the eighth largest economy on the African continent and one of Africa’s most resource-rich countries. The country ranked as the world’s 16th largest oil producer in 2023 and fourth largest rough diamond producer by value in 2022. Angola also has tremendous agricultural potential.
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