On themorning of January 3, 2025, Albano Vicente Lopes Ferreira, the new Minister ofHigher Education, Science, Technology and Innovation of Angola, inspected theScience and Technology Project (Phase I) constructed by the group's construction sector, and conducted on-siteinspections to understand the construction quality and progress of the project, accompaniedby the owner’s representative Ricardo Queirós the supervision company’s representativeTypsa EngConsult, as well as the projecttechnical team led by Song Zhuoya, the group’s CEO and General Manager of the Africa Business Division.

The Science and Technology Project (Phase I)is a national level projectinitiated by the Angolan government and implemented by the Ministry of HigherEducation, Science, Technology and Innovation (MESCTI). 90% of the projectfunds are financed by loans from the African Development Bank (ADB), with theremaining 10% provided by the Angolan government. After the completion, the project willplay a role in the fields of scientific research, promotion of scientific research achievements, talentcultivation, incubation of innovative enterprises, and formulation of nationalscientific data management policies in Angola. The Angolan government also hopes that the delivery and use of the project could promote innovation anddevelopment in the country's scientific and technological fields, and transformthe scientific research achievements into productive forces that promote the national diversified economic development.

After inspecting the entire project andlistening to the report by the owner's representative, Minister Albanorecognized the construction progress, completion quality ofthe project and gave a positive evaluation. The Minister said hewas satisfied that the project contractor had done a great job in allaspects and organized every link well.

The Project has been highly concerned by Angolaparties since the commencement of the project. Minister Albano's inspectionshows the high importance attached by the Ministry of Higher Education,Science, Technology and Innovation to the construction of the project. Whileaffirming the effectiveness of the project construction, Minister Albano alsoexpressed satisfaction and recognition for the construction and managementcapabilities of the project contractor.