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Privinvest
Source: Privinvest |

Privinvest forms Joint Venture for Shipbuilding and the Maritime Economy in Angola

Privinvest together with Simportex, will develop and operate a shipyard in Angola

Privinvest (www.Privinvest.com), the Middle East based shipbuilding group, is pleased to announce the start of a major shipbuilding and maritime economy programme with the Republic of Angola. The programme will initially see Privinvest provide a range of vessels for the Angolan Navy. In parallel, Privinvest together with Simportex, will develop…

Privinvest
Source: Privinvest |

Angola announces hydrokinetic power program with Privinvest

Operations are expected to commence with the commissioning of 3 test sites, which will have a combined anticipated production output of at least 12 Megawatts

The Ministry of Energy and Water of the Republic of Angola (http://www.MINEA.gv.ao) has signed a memorandum of understanding (“MOU”) with Privinvest (http://www.Privinvest.com), the Middle East headquartered industrial group, to introduce hydrokinetic power generation over the next decade. As a result of the presidential order of June 3rd 2016, the MOU…

Privinvest
Source: Privinvest |

Privinvest Comments on Mozambique Maritime Contracts

In 2014 a think-tank chaired by Kofi Annan had estimated that Africa lost $20bn a year on fishing and logging, with Mozambique one of the worst sufferers

Privinvest (www.Privinvest.com) has noted recent inaccurate comments in the media with regards to maritime programs executed by Privinvest for entities owned by the Government of Mozambique.   These programs were deemed by Mozambique as necessary to build a local industry to contribute to the economic development of the country and in order…