date:Sep 23, 2013
Sumol+Compal, a Portugal-based beverage firm, has inked an agreement with Angolas National Private Investment Agency for the development of a new juice, nectar and soft drink production plant in the country.
The company has set aside 22m for the construction and operation of the plant, along with marketing and distribution in Cuanza Norte province.
This move is expected to create around 100 new jobs and the new plant will manufacture a line of juices and nectars, the company said.
The investm