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Wed, 16 Mar 2016 11:49 - Updated Wed, 16 Mar 2016 11:49

Huila: Russia to invest in agricultural projects in Huila Province

Lubango - The Federative Republic of Russia will this year support the implementation of some agricultural and cattle-breeding projects in the southern Huila Province, mainly in the production of cereals in great scale, announced the Russian ambassador to Angola, Dimitri Lobachi.

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Huíla: Dimitri Lobachi - Russian ambassador to Angola

Photo: José Filipe

Speaking last Tuesday to the press in Lubango City, where he made a work visit of some hours and was also received by the local governor, Dimitri Lobachi pointed out the production of cereals and the boosting of cattle-breeding activity priorities in this intention.

Without mentioning monetary amounts or dates for the start of the said projects, the Russian diplomat said that it will be a valuable step to invest in Huila Province, considering its farming potential, which is similar to that of Russia.  

He went on to say that projects of this kind might also be implemented in the provinces of  Luanda and Huambo, as well as other regions of the country.

Dimitri Lobachi revealed also that in the past three years Russia invested USD 50 million in the Angolan trade sector, however, he said, the results have not been so good due to several constraints.  

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