Angola - Construction Materials

Barron's Business   Best Money Managers   Best Mutual Funds   Best Stocks   Stock Market Crash   Day Trader   Investor   Silicon Valley   

Despite official support for the construction materials industry, by 1985 production of building materials still fell far short of government hopes. In 1988 the government was rehabilitating the Angolan Cement Company (Emprêsa de Cimento de Angola -- Cimangola), which accounted for 90 percent of Angolan production. Cimangola was founded in 1954 and was declared a mixed enterprise after independence, with part-Danish ownership. In 1973 Cimangola produced 582,300 tons of cement, but in 1985 it produced only 183,600 tons. In 1988 the government was planning to double production capacity of the Cimangola plant on the outskirts of Luanda through the installation of another kiln, bringing production capacity up to 750,000 tons.

Data as of February 1989


Next Page    Prev Page    Index Page    

Other Links:  MarketSigns.com  Individual Federal Tax  Tax for Small Business  Tax on Med&Dental Exp.  TaxonChild&Dep.care Exp.        
Countries  Libya  Macau  Madagascar  Maldives  Mauritania  Mauritius  Moldova  Mongolia  Nepal