The BA Paper Industry project in Angola Aode Industrial Park (BA Paper Industry Co., Ltd., hereinafter referred to as BA Paper Industry) officially commenced operations at 10:58 AM local time on August 19, 2022, after several months of intensive and orderly preparatory work including raw material recovery, construction operations, quality inspection, trial runs, and other preliminary preparations.

The project began infrastructure construction in January 2022, and by the end of May, equipment installation had commenced. From the start of infrastructure construction to the installation of equipment, and then to the first batch of raw paper coming off the production line, it took only a short seven months. With the first roar of the machines and the subsequent mass production of raw paper, it marked the beginning of a new chapter for Odessa Investment Co., Ltd.’s overseas manufacturing.

BA Paper Industry is headquartered in the China Aode Industrial Park in Dande City, Bengo Province, Angola. It enjoys convenient transportation, being just 70 kilometers away from the capital Luanda. The project covers an area of over 30,000 square meters, with a suitable location and a fresh, clean environment.

Currently, the company employs over 10 Chinese staff and more than 100 Angolan employees, with an expectation to create a total of 200 jobs. The equipment model is 3600 type, mainly producing cardboard and high-strength corrugated raw paper weighing between 110 to 280 grams per square meter, as well as some specialty papers such as fireproof board paper and plasterboard facing paper for the Angolan and neighboring markets. These products are primarily used in the production of various packaging cartons, high-end decorative boards, plasterboard facing paper, and external paper for partition boards. The planned annual production capacity reaches 50,000 tons, with an annual consumption of over 60,000 tons of waste paper.

The successful operation of BA Paper Industry represents another significant achievement of Odessa Investment Co., Ltd. actively implementing China’s “Go Global” strategy by seizing opportunities presented by the “Belt and Road” initiative and Sino-African cooperation. By leveraging local resources, markets, and labor advantages in Africa, the enterprise accelerates its integration into the international market, participates in international competition, enhances its core competitiveness, and secures broader international prospects for its development.