(Ecofin Agency) - Chinese tech giant Huawei announced an investment of more than $60 million in a technology park in Angola. The announcement was made by Chu Xiaoxin, MD of Huawei Angola, after a meeting with Angolan Vice President Bornito de Sousa on August 27.

Huawei said the new facility will be dedicated to training and knowledge sharing in the areas of new technologies. It will be built in the Talatona district in Luanda, the Capital. Inauguration and commissioning are expected for December 2021.

The tech park will have three centers for training Angolan engineers, creating new technologies, and exchanging advanced technological experience. More than 1,500 engineers will receive training in the centers.

“We will train Angolan talents [...] we will support our partners and customers in innovating and developing new technologies [...] With a center of experience, we will bring the most advanced and cutting-edge technologies to the Angolan society,” said Chu Xiaoxin.