Officials from the Angolan government and the China Development Bank (CDB) in Luadna on Tuesday discussed operational aspects concerning the implementation of a cooperation agreement signed last August.

After the meeting, Assistant Minister of Angolan Prime Minister Aguinaldo Jaime told reporters that the one-hour-long meeting with the CDB officials focused on practical mechanisms for the implementation of the bilateral agreement, including construction projects of apartment buildings, agriculture, transport and telecommunications.

The Angolan official said the housing project includes construction of apartment buildings in Camama and rehabilitation of residential zones in Cazenga, both in the suburbs of Angola's capital Luanda.

The two sides also discussed issues including the creation of a joint team to select projects and Chinese construction firms and fix the time for holding next bilateral meeting.

The Angolan-Chinese bilateral agreement being implemented countrywide in Angola aims to accelerate growth of Angolan economy while transferring technologies and knowledge to Angolan firms.

According to the Angolan official, China Development Bank's role in rebuilding the Angolan economy with the funding of socioeconomic projects shows China's desire to assist the country's in reconstruction process.

(Xinhua News Agency September 24, 2008)