Lobito – The Angolan Company Desco, a firm that deals in the supply of automatic power generators and constructions, invested about Usd 60 million over the last few years in the country.

The information was released Friday in Luanda by the director general of the company, Knut Andersson.   

According to the Swedish businessman, who has been in the country for more than 30 years, the investments were made since he considers Angola a safe and dynamic market.  

He added that his company is currently building a 94 bedrooms Hotel, in Lobito city, in addition to its generator supplying business.

Knut Anderson praised the Government programme of rehabilitation of roads countrywide which, according to him, is a measure to re-launch the country’s economy.