# Karam Industrial to build two new plants at Viana Complex in Angola

Karam Industrial will invest over $5 million to build two new factories for electrical materials at the Viana Industrial Complex in Angola, creating 600 jobs. The expansion will increase production capacity from 25 to 40 tonnes of cables and nails.

- Type: Expansion
- Announced: 2020-11-20
- Where: Viana Industrial Complex, Luanda, Angola
- Value: $5.00M
- Jobs: 600
- Starts operating: 2021
- Status: announced
- Capacity: 40 tonnes of cables and nails per day
- Products: electric steel cables, nails, aluminium cables, plywood
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Karam Industrial](https://endata.com/companies/51360.md)

## Sources

- [verangola.net](https://www.verangola.net/va/en/112020/Industry/22885/Viana-Industrial-Complex-receives-two-new-plants-in-2021-Units-will-create-600-new-jobs.htm), 2020-11-20: "The units are the result of an investment of more than five million dollars by the company Karam Industrial and will create 600 new jobs."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.