The Da Fa Plastics Industry project in Angola Aode Industrial Park (Da Fa Plastics Industry Co., Ltd., hereinafter referred to as Da Fa Plastics), began the construction of its first-phase factory in late March 2023. After more than half a year of intensive and orderly preparatory work, including infrastructure construction, equipment debugging, construction operations, quality inspection, trial runs, and other preliminary preparations, it officially commenced operations at 11:00 AM local time on December 16, 2023.

The project is located in the China Aode Industrial Park in Dande City, Bengo Province, Angola. It enjoys convenient transportation and a distinct locational advantage, being just 70 kilometers away from the capital, Luanda.

The project plans a total investment of 6 million US dollars, primarily producing disposable tableware, such as PS foam lunch boxes and trays, PP series lunch boxes, HIPS series plates and cups, as well as PP forks, spoons, knives, and more. The factory workshop covers an area of 13,000 square meters. The initial daily production capacity is 10 tons, with an expected planned daily production capacity of 30 tons.

The project has now officially entered the operational phase, with all modern production facilities fully in place. Upon commencement of formal operations, it is expected to significantly enhance production efficiency, elevating our company’s overall level to new heights.

Currently, the project employs 6 Chinese staff and 60 Angolan employees, and is expected to create over 100 jobs in total. The completion of this project will effectively address employment issues for some of the Angolan population and fill the gap in Angola’s disposable tableware market, thereby enhancing the convenience and quality of life for the Angolan people.

The successful commencement of operations at Da Fa Plastics Industry is another significant demonstration of Odessa Investment Co., Ltd.’s active implementation of China’s “Go Global” strategy, seizing opportunities presented by the “Belt and Road” initiative and Sino-African cooperation. Our company will continue to uphold the philosophy of professionalism, innovation, and integrity, continuously improving product quality and service levels. We aim to assist African people in achieving their aspirations for economic growth, increased income, and improved livelihoods.