News Infrastructures

Angola opens $150m vehicle assembly plant to boost local industry

Angola opens $150m vehicle assembly plant to boost local industry
Tuesday, 20 January 2026 17:52
  • Opaia launches plant with capacity of 22,000 vehicles a year

  • Factory to assemble cars, utility vehicles, and 1,000 buses

  • Project expected to create 3,500 local jobs

Angola is set to inaugurate a light and heavy vehicle assembly plant with an annual capacity of 22,000 units on January 20. The facility is located in the Special Economic Zone (SEZ) in the province of Icolo e Bengo.

Led by Angolan private group Opaia, the project represents an estimated investment of $150 million. The industrial unit is designed to assemble 22,000 vehicles per year, including passenger cars and utility vehicles, as well as 1,000 buses intended for public transport.

Passenger cars will be assembled from kits imported from China, while the buses, produced under the Volvo brand, will be sourced from Sweden.

According to a statement from the group cited by local media outlet Angop, the project is expected to generate around 3,500 jobs for Angolan workers, notably through the organization of a dedicated job fair.

Henoc Dossa

On the same topic
Project to modernise 57km Nairobi-Thika corridor and rail systems Plan supports broader strategy including Nairobi BRT expansion The World Bank is...
DRC plans $105.6 million universities in Kisangani and Mbandaka Contracts provisionally awarded to two construction consortiums Projects may...
Senegal sent a delegation to Abidjan to study Côte d’Ivoire’s digital traffic management and road safety systems. Senegalese officials examined...
Kenya signs deal with South Korea’s YOUNGJIN for Nairobi BRT Line 5 $59 million Korean loan finances 10.5 km line with 13 stations Project aims to...
Most Read
01

Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom netwo...

Ethiopia’s State-Owned Telco Teams Up With Ericsson to Expand and Upgrade Its Network
02

The BCEAO cut its main policy rate by 25 basis points to 3.00%, effective March 16. Inflation...

BCEAO Cuts Key Rate to 3.00% as WAEMU Faces Deflation
03

Central Bank of Nigeria said 20 commercial banks have met new minimum capital requirements, with...

Nigeria Advances Banking Reform With Strong Recapitalization Progress
04

EIB commits over €1 billion for renewable energy in sub-Saharan Africa Funding supports Miss...

EIB Commits €1 Billion to Renewable Energy Under Africa’s “Mission 300” Initiative
05

Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...

Senegal Launches $360 Million Regional Bond Sale
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.