Japan pledges to support USD 530 million port development project in Angola

 

Japanese Prime Minister Fumio Kishida pledged to extend social infrastructure improvement assistance to Angola including for a 70 billion yen (USD 530 million) port development project.

At a meeting with Angolan President Joao Lourenco at the prime minister’s office, Kishida also offered to help the southwestern African nation, rich in oil and minerals, develop human resources.

Lourenço expressed willingness to deepen cooperative ties with Japan, Jiji Press reported.

Angola launches Digital Terrestrial Television With Support from Japan

The aid is part of the Kishida administration’s efforts for encouraging Angola to break away from close ties with China and Russia, pundits said.

At a joint press conference held after the meeting, Kishida said, “We will strengthen our multilayered business ties in terms of energy and economic security.”

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