(Ecofin Agency) - In Angola, Chinese company Citic is now taking the plunge in the agriculture sector. According to Radio Chine Internationale, the group will introduce modern agriculture technologies to the country.

Justifying this transition, Lu Guigen who leads the African subsidiary of the group said: "Angola is a big African country with good rainfalls, and we are trying to restore the status of the country as one of the biggest producers in the history of the continent". To achieve this goal, the country will first have to face the challenge of self-sufficiency in cereals which entails the production of at least 2.5 million additional tons of cereals.

Citic's interest in agriculture is not new as the group was already managing two model farms each covering an area of 10,000 hectares. The group's expertise was put forward during the construction of Kilamba Kiaxi, a city of USD 3.5 billion located at the south of Luanda.