Nampak to build R600million can factory in Angola
Nampak is building a R600million beverage can factory in Angola, its biggest greenfield project in Africa so far.
The plant will have the capacity to make 700million cans a year, which equates to 1800 cans a day or 30 cans a second. It will cater for local exporters to Angola including SABMiller and Coca-Cola as well as Angolan-based companies Cuca and Feriango.
Nampak Africa managing director Neil Cumming said the investment would make an important contribution both to the company and Angola. He said Angola's annual economic growth rate of 20percent had made the deal more attractive.
Nampak chief executive officer John Bortolan said the company was a contributor annually of 400million cans of the 600million used by the country.
Bortolan said the plant could accommodate a second line in future and the can business was a logical option because of the poor infrastructure in Angola.
"It (Angola) is definitely one of the fastest growing economies in Africa. Our strategy has been to follow our customers.
"We are hoping that the investment will create jobs and also reduce exporting and duty costs for our clients," said Bortolan.