Chinese firm Andaz Group interested in Togo’s power and transport sectors

Energy
Monday, 10 September 2018 14:19
Chinese firm Andaz Group interested in Togo’s power and transport sectors

(Togo First) - Last Thursday, top executives from Chinese firm Andaz Group met with President Faure Gnassingbé to discuss investment opportunities in Togo.

The group which invests mainly in infrastructures, energy, real estate and agricultural development, in Africa and elsewhere, eyes Togo’s transport and power sectors.

If concretized, the project would significantly boost Togo’s electrification strategy, contributing to a rapid realization of the government’s goal to achieve universal access to power by 2030.

Besides sectors mentioned earlier, the Chinese group invests also in oil, gas, cement, heavy machinery and chemicals. According to a press statement released by Togo’s presidency, so far the overall value of its transactions is close to a billion dollars.

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