The Government of Angola and the World Bank will hold the Inaugural Coordination Meeting on the Lobito Corridor this Thursday, the 5th, at the Intercontinental Hotel in Luanda— a high-level event marking the formal launch of a new and robust regional coordination mechanism.
According to a press release sent today to the newspaper O País, the event brings together senior government officials from Angola, the Democratic Republic of the Congo, and Zambia, along with top leaders from multilateral and bilateral organizations, financial institutions, and international development partners, underscoring the consensus and collective commitment to the strategic importance of the Corridor.
Also according to the document, the meeting’s main objective is to align strategic priorities and strengthen coordination among the three African countries and their technical and financial partners.
The statement further notes that the agenda will focus on accelerating the implementation of transformative projects in vital areas such as rail transport and integrated logistics, trade facilitation and infrastructure modernization, sustainable energy, the development of agricultural and mineral value chains, and the promotion of economic and social development along the corridor.
Lobito Corridor
The Lobito Corridor is a strategic multimodal infrastructure that stretches from the Port of Lobito in Angola, crossing the country and connecting to the transport networks of the Democratic Republic of the Congo and Zambia.
Its development is seen as essential to unlocking the economic potential of inland Central and Southern Africa, facilitating access to international markets and promoting intra-regional trade.
Source: O País
