Thursday, July 13, 2006

Angola: President sets up commission for Uije's copper project

President José Eduardo dos Santos sets up commission for the development of Uije´s copper project

A dispatch from the country's Head of State, José Eduardo dos Santos, creates the Inter-Ministerial Commission for the Development of the Copper Project in the Telelo-Mavoio and Bembe regions, northern Uije Province.

The basis of this measure is the strategy to carry out the project, after considering the need to do a study on its technical, economic and financial viability, as well as the survey on the infrastructures for its development.

Published in the First Series of the State Gazette number 79, of last month, in the referred communiqué it is appointed to coordinate the Commission the deputy-minister of Finances, and also comprises the vice ministers for Geology and Mining, Planning, Public Works, Transports, Energy and Water, besides the economic advisers to the President and Prime Minister, respectively.

The commission, which has to present a report in the next 90 days, has the duty to identify, within the infrastructures of support, the segments dedicated specially to the mining project.

The commission has also the task to carry out a survey on the common areas for public works and support to the mining exploration, associated to the study and projects in progress that might make viable the referred minerals exploration, specially the construction of roads, the Port of Soyo, as well as the establishment of the terms for the negotiation with the future concessionaire.