Hungary signs MoC on energy, water industry cooperation with Angola

Minister Péter Szijjártó on Monday met Joao Baptista Borges, Angola’s minister for energy and water management in Budapest, and they signed a memorandum of cooperation in those two areas, the foreign ministry said.

The ministry said in a statement that

Angola uses Hungarian gas turbines and other equipment in supplying energy.

As over half of the country’s inhabitants still lack access to electricity, its government is planning to buy further high quality technology, the statement said.

As only some 49 percent of citizens have direct access to drinking water, the Angolan government has developed a water supply plan, a window of opportunity for Hungarian companies in water industry, it said.

As we wrote in 2018, Hungary reopened embassy in Luanda, Angola. Also we wrote on MArch, 2019, Several Hungarian companies will have the opportunity to undertake investment projects in Angola, Szijjártó said in Luanda, details HERE.