Thursday 8 January 09 - 18:40
 

News Asia

Japan funds Angolan rehab

Japan is to provide $65m to rehabilitate the Southern Angolan ports of Lobito and Namibe by 2010. According to Japanese consultants, Lobito needs $35m of upgrading work and Namibe $30m. 

No expansion work is envisaged; instead, the focus will be on the modernisation and recovery of infrastructure assets.

Motorship