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ANGOLA'S NUCLEAR INFRASTRUCTURE PROJECT

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					THE ANGOLA CITIZENS’ PERMANENT TRUST FUND & INDUSTRIAL INFRASTRUCTURE PROJECT
Industrial Development & Transition to Nuclear Power = People Power + Clean Environment

THE ANGOLA CITIZENS’ PERMANENT TRUST FUND & INDUSTRIAL INFRASTRUCTURE PROJECT
A PROPOSAL BY

THE ANGOLA INDUSTRIAL INFRASTRUCTURE GROUP, LLC, MESTRES & SERVIÇOS LDA, AMER-CON CORP. & SELECT MIT FACULTY
A
CONSORTIUM BEING FORMED TO PRUDENTLY USE ANGOLA’S OIL WEALTH ST TO DEVELOP A 21 CENTURY INDUSTRIALIZED SOCIETY

THE DEVELOPED INFRASTRUCTURE AND ASSETS TO BE OWNED AND CONTROLLED BY A PERMANENT TRUST FUND 100% OWNED BY ALL THE CITIZENS OF ANGOLA, BASED UP THE CONCEPT OF SOCIAL CAPITALISM
REINALDO TRINDADE MESTRES & SERVIÇOS LDA RUA CDTE GIKA, 191 R/C LUANDA, ANGOLA TEL: + 244 22 2320071 EMAIL: MESTRES@NETANGOLA.COM CARLOS & GUILLERMO RAPAPORT AMER-CON ADELINO DE MORAIS (ANGOLA) & MICHAEL STRAUSZ (USA) ANGOLA INDUSTRIAL INFRASTRUCTURE GROUP, LLC 2860 LAGUNA STREET SAN FRANCISCO, CA 94123 USA TEL: (415) 921-7900 EMAIL: ADELINODEMORAIS@ANGOLAIIGROUP.COM ANDREW KADAK MIT

APRIL 2008

TABLE OF CONTENTS

THE ANGOLA INDUSTRIAL INFRASTRUCTURE GROUP - MESTRES & SERVIÇOS LDA – Amer-Con

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THE ANGOLA CITIZENS’ PERMANENT TRUST FUND & INDUSTRIAL INFRASTRUCTURE PROJECT
Industrial Development & Transition to Nuclear Power = People Power + Clean Environment

Project Summary New Energy Source Required – Nuclear Power Industrial Development with 100% Angolan Citizen Ownership of the Infrastructure Beneficiaries and Trustees Trust Operations Industrial Node , MIT & Citizens‘ Trust Models Trust Profit Opportunities Node Administration and Community Councils Node Trust Responsibilities to Node Residents Project & Master Node Oil More Valuable as a Petrochemical Feed Stock Angolan Government Node Land Grants Project Planning and Trust Creation Proposed Role of the Angolan Infrastructure Planning Group Angolan Infrastructure Planning Group Proposed Consortium Members Population Control Discussion Nuclear Power Types and Costs IAEA Nuclear Safeguards and Verification Angola Citizens‘ Permanent Trust and ESOP-RSOC Trust program models Discussion of Nuclear Power & Hydrogen Saudi Arabia‘s Jubail Industrial City Abu Dhabi M.I.T. Association & Citizens‘ Trust Consortium Member Bios

3 5 6 7 7 8 9 11 12 13 14 14 15 15 16 16 17 20 21 24 27 29 31

THE ANGOLA CITIZENS’ PERMANENT TRUST FUND & INDUSTRIAL INFRASTRUCTURE PROJECT
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THE ANGOLA CITIZENS’ PERMANENT TRUST FUND & INDUSTRIAL INFRASTRUCTURE PROJECT
Industrial Development & Transition to Nuclear Power = People Power + Clean Environment

Program:

A 25 year program to dedicate a minimum of 10% of Angola‘s gross oil and gas revenue to fund the development of a modern industrial infrastructure (starting with the building of new gas fired electrical plants), producing power and water, which will encourage the private investment in the creation throughout Angola of a modern, pollution free, industrial society.

Transition to Nuclear Power: By the year 2018, the consortium proposes a transition from natural gas and hydroelectric power generation to nuclear power, through the use of technology now being developed. Angola Parliament Plans Law to Promote Nuclear Energy for Industrial Use APRIL 25, 2007 – The Angolan Parliament is planning to approve The Law of Nuclear Energy to launch Angola into the production of nuclear energy. João Baptista Ngandajina, Angola‘s Minister of Science and Technology said today on the Voice of America that Angola limitations in energy production means that Angola must begin now to plan projects to develop energy from nuclear sources. The minister said the law would promote graduate level, specialized university courses given through the College of Sciences of the Universidade Agostinho Neto. The minister stated that the law will alert the International Agency of Atomic Energy and the western nations that Angola‘s intentions are to use nuclear power for peaceful purposes, with a program to use its natural resources wisely. The law will allow the country to develop scientific projects in the area of medicine, agriculture, the protection of maritime waters, particularly to prevent the pollution caused by oil production in the seas. This law will give official sanction and approval to the Angolan Industrial Infrastructure Project planned transition to nuclear power, which is essential to the future of Angola‘s industrial development and wise use of Angola‘s carbon based resources. Scope: This program, at this funding level, should create US$ 50-75 billion in debt free industrial infrastructure for Angola. The multiplier effect of this infrastructure investment (by trust partnering with international investors and by attracting international and private Angolan industrial investments), could conceivably, over the next generation, generate in excess of US$ 1 trillion (US$ 1,000 billion) in economic gross domestic product for Angola.

This compares favorably to the World Bank‘s October 2006 analysis of the total value of all of Angola‘s proven and probable oil reserves (at US$50 per barrel), which was estimated at a present value of US$ 266 billion. This study also suggests that absent new discoveries, Angola will be out of oil in just over two decades, which is nothing less than scary. Angola‘s oil reserves could be extended if it was used for a more valuable purpose as petro-chemical feed stocks, instead of the wasteful use by burning it in engines and power plants. By creating a nuclear infrastructure, Angola will be insured to have lasting oil and gas supplies for future generations.

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Industrial Development & Transition to Nuclear Power = People Power + Clean Environment

Social Opportunity:

Angola, with its vast resources, plentiful arable land and extremely low population density, has a birthright potential to become the economic engine and model for all Africa, and producing, through this modern infrastructure induced industrialization, full, high income employment and a shared substantial wealth for all its citizens.

The Angola Citizens’ Permanent Trust & ESOP-RSOC Trust Program: The Angola Citizens’ Permanent Trust, whose beneficiaries are all the citizens of Angola, and the ESOP-RSOC (Employee Stock Ownership Plan – Residents’ Share Ownership Corporation) Trust program, whose beneficiaries are the workers and residents in the industrial node created by this program, is a method of expanded capitalism (social capitalism), which allows the citizens of all Angola, and the workers and residents directly involved in production, a share of the profits from ownership of capital. In addition, the trustees will have an absolute mandate to act ONLY in the BEST social, environmental and economic INTERESTS of the TRUST BENEFICIARIES, which will insure that the citizens of Angola are not exploited, are treated fairly, and will all enjoy the fruits of an industrialized economy. Angola Citizens’ Permanent Trust – A shining beacon example for the developing world: The Angolan Industrial Infrastructure Project, once successfully realized, will become a model for prudent nuclear based industrial development throughout the developing world. An Economic Imperative: Should Angola spend its oil & gas inheritance without creating this nuclear power based infrastructure, when the oil is gone, the following generations of Angolans will surely find themselves trapped to endure a new wave of corporate colonialism, with outsiders calling the shots and grabbing Angola‘s remaining resources for themselves. Industry – A Wealth Builder: Presently about 85% of Angola‘s workforce is trapped in mostly subsistence agriculture, and which produces only about 7% of the country‘s gross national product. Very little of this agricultural product can be sold for hard cash, so most of this work provides little economic benefit for Angola. The entire manufacturing base of the country produces only about 1% of its gross national product, so the room for expansion is immense. By having 85% of the workforce producing such a tiny share of the economy is a terrible waste of human resources, which could be better utilized as a workforce for higher paying jobs in manufacturing and industry. In addition, farming could and should become mechanized and conducted on a basis so that it produces its products for sale to the high wage workers in a nuclear based industrial workforce, thereby raising wages in agriculture.

THE ANGOLA INDUSTRIAL INFRASTRUCTURE GROUP - MESTRES & SERVIÇOS LDA – Amer-Con

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Industrial Development & Transition to Nuclear Power = People Power + Clean Environment

The Trusts Are Money Making Machines: The trusts are in business to make money, in addition to their social responsibilities. They will be run to maximize profits for its beneficiaries. The concept of social capitalism, or expanded capitalism, IS NOT SOCIALISM, since it uses all the tools of capitalism to spread the wealth to a wide class of people, who ordinarily would not have any ownership of assets producing unearned income. With its dedicated oil allocation, and its land grants, it will be in a position to do joint ventures with international companies at these industrial nodes, by providing discounted power, land, buildings and petrochemical feed stocks, thereby increasing its equity and earning power in excess of its infrastructure investments. New Energy Sources Required: In September of 2006, William C. Ramsay, Deputy Executive Director of the International Energy Agency (IEA), in a speech in Angola‘s capital, Luanda, noted that electricity is available to less then 20% of Angolans and most Angolans rely on wood or charcoal, said “Electricity is the leading indicator of growing prosperity and the principal driver of a modern society. Improving access to electricity services throughout the country is critical to Angola’s economic and human development.” By allowing an expanding population to rely on wood for fuel, Angola faces increasing ecological damage, which can only get worse in time. At the present, the entire power plant nuclear output is less than 700 MW for a country of 15 million people, which is only 47 watts per person, compared to a modern country like France, which generates a capacity of 1600 watts per person – so there is a long way to go. This chart also highlights the inexpensiveness of nuclear fuel when compared traditional sources of energy. Nuclear fuel has the lowest cost per Million Btu (British thermal unit) of any of the fuels listed.

Warning – Nuclear Power will have critics: Be forewarned that critics will come out of the woodwork and from under rocks, and these critics will attack the creation of an Angola nuclear based industrial economy. They will use the confusion of sophistry, in the form of seemingly reasonable arguments as to why Angola should not pursue this path to self sufficiency – they will talk of safety, waste disposal issues and warn of the bugaboo of the proliferation of nuclear weapons – but

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Industrial Development & Transition to Nuclear Power = People Power + Clean Environment

these will be smokescreens, designed to confuse decision makers and keep Angola from becoming an industrial power – so these arguments should be ignored. Industrial Development with 100% Angolan Ownership of the Infrastructure: Unlike most developing countries development model, international companies usually demand ownership of projects and a large share of the equity and profits. Presently, we are watching world wide the acceleration of the privatization of public wealth – even in America public water systems and highways (just to name two glaringly outrageous examples), which are public property and are being sold off and looted. Even the immensely powerful and rich state of California couldn‘t protect its citizens from being robbed of US$ 50 billion in price gouging by pirate out-of-state energy companies, which price manipulation and gouging was promoted and facilitated by the Bush administration in behalf of major campaign contributors in the energy business. So if even America and its citizens can‘t stop the takings of public assets by predatory global profiteers, facilitated by corrupt American government officials, how can the citizens of developing countries defend themselves? There is one sure way, and that is for the citizens themselves to own the infrastructure and the wealth in a permanent trust, as propose by the Angolan Citizens’ Permanent Trust & ESOP-RSOC Trust program. By building this infrastructure debt free, funded by Angola‘s oil/gas dedicated allocation, the trust will be impervious to loan-to-own schemes so prevalent in the developing world. In that way, these assets can never be stolen, and will remain a permanent financial legacy for future generations of Angolans. In this case, the Angolan Citizens’ Permanent Trust and the node trusts will be the 100% owners of the infrastructure and the power plants developed. The projects will be implemented by fee compensated professionals (based upon a negotiated percentage of project cost). This is what the members of the consortium who is promoting this program, the ANGOLA NUCLEAR INFRASTRUCTURE GROUP- MESTRES & SERVIÇOS LDA (comprised of experts and companies in the fields of public planning, nuclear energy and power and infrastructure development) propose. This group and its members will have no ownership interests in the project. Unlike projects where investors-partners are involved, requiring an ownership interest, all project monies will be invested by the Angolan Citizens’ Permanent Trust, through the node trusts, and these trusts will not be required to give up ownership to attract qualified developers and professionals. Because they have no money at risk, except for future fees based upon performance, these consultants and development professionals will be more than satisfied to accept no ownership.

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Industrial Development & Transition to Nuclear Power = People Power + Clean Environment

Initially, Angola will need to attract western corporations, engineers and consultants to create this nuclear future, but Angola does not need to deed away any of its wealth to do so. The past and present global business model has wrongfully forced most third world countries to squander their resources by selling extraction rights to predatory profiteers, who have transferred most of the extracted wealth to the 1st world coffers. Beneficiaries: Ownership of the master project would be held by an Angolan Citizens’ Permanent Trust, whose beneficiaries would be all the citizens of Angola, based upon the model of Alaska (US) Permanent Fund, discussed see page 21. Each industrial node will have a separate node trust, which will be half owned by the Angolan Citizens’ Permanent Trust and half owned by a separate trust directly benefiting the residents and workers who work for all businesses and industries in the node. This separate trust will be called an ESOP-RSOC trust (Employee Stock Ownership Corporation – Residents‘ Share Ownership Corporation), which is based upon the United States ESOP model and the RSOC model (see page 22). Trustees: Initially, Angolan Citizens’ Permanent Trust and the individual node trust trustees will be comprise of members of The ANGOLA NUCLEAR INFRASTRUCTURE GROUPMESTRES & SERVIÇOS LDA and Angolan government officials appointed as salaried trust administrators. Gradually, within 10 years or so, the members of the ANGOLA NUCLEAR INFRASTRUCTURE GROUP- MESTRES & SERVIÇOS LDA will be replaced by citizens elected by the people. To protect the beneficiaries from the trustees using operational and authoritative discretion to act against the beneficiaries‘ interests (a common problem and the cause of most political and business corruption), the trustees will have an absolute mandate to act ONLY in the BEST social, environmental and economic INTERESTS of the TRUST BENEFICIARIES. Trust Operations (Angolan Citizens’ Permanent Trust and the node trusts): The dedicated oil/gas grants will be paid directly to the Angolan Citizens’ Permanent Trust and paid in hard currency and held in a hard currency bank account. The node trust grants will come directly from Angolan Citizens’ Permanent Trust based upon their needs.   The trusts will receive their allocation of dedicated oil/gas revenue tax free as a nonrepayable grant The trusts will not borrow for their investments, but may attract private investors to participate in their projects

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It may be suitable for the trusts to receive a tax holiday on their earnings or profits during the infrastructure building phase. The trusts will pay 25% of their annual profits (of which the oil/gas allocation is not counted) to its beneficiaries. The trusts will reinvest the balance of their annual profits in either infrastructure or business development

Industrial Node – Citizen’s Trust Models New City Models, MIT (Massachusetts Institute of Technology) Associations, Abu Dhabi’s Citizens’ Trust The concept of building new industrial cities from the ground up, is actively being pursued in the fastest growing major economies, such as China and India. One of the first such projects was begun in Saudi Arabia in 1975 on the Persian Gulf, called Jubail. It is a huge undertaking, occupying land in excess of 500 square kilometers (the industrial section is 80 square kilometers) and is producing a local gross domestic product in the range of US$20 Billion. The energy servicing the city is in excess of 6500 MW, which is about 10 times the power being generate by all of Angola‘s power systems. Jubail II is now commencing construction to greatly expand the project.

In February 2005, it was named by Foreign Direct Investment magazine as having the: Best economic potential: Jubail Industrial City, Saudi Arabia Rapid GDP growth from strong oil exports and massive foreign investment in Saudi Arabia‘s main industrial city mark Jubail out for strong economic performance in the next few years. Three decades after US engineering firm Bechtel Corporation put in place the massive industrial infrastructure, Jubail has become one of the Middle East‘s most important industrial centers. For example, the world’s largest petrochemical complex has attracted more than $46bn of investment to date and Jubail is now responsible for 6%-7% of the world petrochemical market. Jubail is home to a long and growing list of foreign joint ventures, capturing almost 50% of the country’s total foreign investment. Last year, the Saudi Arabian General Investment Authority gave the go-ahead for five projects involving foreign investment of $2.8bn. Recent significant investments include those by Sina Petrochemical Co, and joint ventures between Bassel International Petroleum Corp and Sahara Petroleum Corp, and Acetex and Tasnee.

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Industrial Development & Transition to Nuclear Power = People Power + Clean Environment

From this start, Saudi Arabia has developed a number of other industrial cities, which is similar in concept to our multi-node proposal for Angola. More information can be seen at the end of this presentation in the Discussions section. Abu Dhabi recently announced a venture to transition away from fossil fuels, by building alternate energy power. The NY Times article of March 2007, states that they will be focusing on solar, wind and hydrogen. The most important part of the article noted that this project was being done in an association with MIT: ―Shortly after it announced those plans, Masdar announced an even more ambitious project to develop a graduate-level research center in combination with M.I.T. that will be focused on renewable-energy technologies. Scientists who join the program will be able to attend M.I.T. courses in Boston and will be assisted in developing research and courses at Abu Dhabi. M.I.T. administrators liken the effort to one that the university spearheaded in Bangalore during the 1960s that helped create the hightech corridor there. ‗This is the first oil-producing state that has accepted and agreed with the concept that oil may not be the only source of energy in the future,‘ said Fred Moavenzadeh, director of the Technology Development Program at M.I.T. ‗That is a significant realization.‘ ‖ The model of MIT helping develop research and courses at Abu Dhabi and allowing exchange students to study at MIT, will be part of the plan for the Angola Industrial Infrastructure Project. Besides the university schooling, MIT will be instrumental in planning the development of the entire project, through contracts with MIT experts in all the fields necessary to create and formalize the project‘s concept and implementation. Abu Dhabi has long prided itself on being an example of what oil money, put to good use, can do. Oil helped turn Abu Dhabi from desert fishing village into an influential Arab capital. It helped build a citizens’ trust fund that is estimated to be worth up to $300 billion, whose investments are estimated to bring the emirate almost twice income as its oil sales do. Trust Profit Opportunities   Sale of water and electricity to node industries, businesses and residents (at reduced rates) Land lease rent from industrial operators. Although the node trust will hold title to the land, it is recommended that industry and businesses locating there be only granted

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leases and not be permitted to buy land, so that the trust can obtain the benefit of increased land value caused by the industrial activity sponsored by the trust. Note that over time there will be some defaults on leases of land and buildings by failed industrial operations and businesses, and these improved lands and buildings will become the property of the trust, through these defaults (under due process, of course), and so the improved properties can be released at higher values.  Housing or land rent from node residents. It may be socially beneficial to allow residents or groups of residents to buy land outright to build homes or condominiums, which will allow them to directly benefit from the node land and property appreciation, and thereby bring more direct wealth to node communities. Investments by the node trust in joint ventures with industrial operators, either through cash investment, or more prudently, through providing land and buildings to the venture at no cost, will likely become an important profit center. At some point in the future, based upon the success and experience of this project and the Angola Permanent Trust Fund, it is likely that a separate consulting arm of the trust, as a for profit entity, can operate under the same program as the ANGOLA NUCLEAR INFRASTRUCTURE GROUP- MESTRES & SERVIÇOS LDA, and obtain fee based consulting contracts to set up these programs throughout Africa and the developing world. This consulting arm will be a very valuable tool of the trust, and will be likely to generate substantial fees, because their experience, expertise and financial contacts will pave the way for accelerating implementation of the industrialization of the developing world.   When technology makes the use of hydrogen fuel cells financially competitive with gas combustion engines, the nuclear plants can generate hydrogen for sale. The node trusts can get involved in mining, by obtaining mining rights from the Angolan government and either finance the mining itself, or partner with private companies to fund the mining and share in the profits. We recommend that all mining rights that Angola makes available to the marketplace be granted to the Angola Permanent Trust Fund, which will be a capital asset usable to attract private investment.  Micro-loan interest – Micro-loans granted node trust residents to start businesses would produce interest for the node trusts. We recommend the model of lending to groups of 5 women, all responsible for repayment of these micro-loans, as practiced by Bangladeshi economist Muhammad Yunus and the Grameen Bank he founded, and the practices of other international micro-financing companies.

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Yunus won the Nobel Peace Prize last year for their pioneering use of tiny, seemingly insignificant loans – ―micro-credit‖ – to lift millions out of poverty. Node Administration We suggest that the nodes be run paternalistically, somewhat like company towns – except with an important difference: In company towns of old (in the logging towns of the old west in America and the gold fields of South Africa), wherein the towns were run for the sole benefit of absentee company owners, at the suffering and exploitation of the town residents and company workers, in the node trust case, the owners are the town residents and workers, along with all the citizens of Angola, and the trustees are required by mandate to act in their best interests. The administrators of the node will be the trustees and their staff. Besides the government and the ANGOLA NUCLEAR INFRASTRUCTURE GROUP- MESTRES & SERVIÇOS LDA representatives, some of the trustees will be elected from community councils, described below. At some point in the future (say 10-15 years hence, as described above), when community leaders have obtained the training and experience to fully operate the node administration and investments, the trust will likely be comprised only of members elected by the community councils. Community Councils: Each community in the node will be granted a stipend to create and operate community councils, whose representatives will be elected from and by the residents and business owners of the community. The elected members of these community councils will, of course, like all elected members of any of the authority boards or trusts, will be required to follow the beneficiaries‘ ―best interests‖ mandate.

Each community council will elected a member to serve as trustee on the board of the node trust. These community councils represent a true state of representative democracy, and will be modeled on the Communal Councils of Venezuela, which came into being in April 2006 with the passing of the Communal Council Law by the Venezuelan National Assembly. They are intended to provide a participatory democratic body for communities to manage and develop themselves. Prior to the law being introduced there were separate projects such as the Social Missions and the Urban Land Committees.

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The new institution is designed to pull these distinct programs together so a strategic view can be taken of what the community needs as a whole. It has just been announced the Venezuela will create a US$6 Billion fund to provide grants to these 13,000 separate councils, which will then be able to decide by themselves how to invest these monies locally for education, construction, transport, health, agriculture and housing related projects. Note that the subsequent funding is based upon performance by the members of these councils, and the more successfully the money is used, the more these successful councils will be funded. Councils that squander their money will do so at their own and their communities risk. Some say that the Venezuela Communal Council funding program is risky, because there is no central plan. Lots of money will be put into the hands of people without training and experience. Therefore, the way the community councils would be set up under the Angola trust plans is different, as master planning would be done at the Angolan Citizens’ Permanent Trust and the node trust level, so that the councils would not have control of money until which time as their leaders have achieved an adequate level of competence to run things. Node Trust Responsibilities to the Node Residents  Building and staffing of modern equipped schools, grades kindergarten through 12th grade high school graduation. It will be a requirement of all node residents that their children must complete all 13 years of schooling, through graduation. It is highly recommended that English be taught in these schools beginning in the 1st grade, through graduation.  Sponsoring, with grants of land (leased), business and engineering institutes of higher education to teach local Angolans the knowledge and skills to become managers, engineers and operators of the node based industrial operation. The node trust administrators are responsible for building the node infrastructure (roads, water, sewer and power lines and facilities) and community operations and safety (police and fire) services. The infrastructure of these projects will be developed as needed and be paid for from a combination of node trust income and grants and permit and operating fees paid by node industries and businesses. It is assumed that the function of the civil and criminal courts would be paid for and provided by the Angolan Government.

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 Project:

Development of safe, 4th generation, nuclear reactor powered industrial infrastructure nodes. The initial phases of the project would be sited near the ocean, to permit ready access to sea water, which will permit the desalination production of fresh water sufficient to serve all the industrial and residential water needs of the node.

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Each node would be initially powered by one 110-165 MW modular reactor, which can be expanded on to build more reactors when need requires it. Each node would be comprised of 10-25 thousand hectares of land, which should permit sufficient room to provide for employee housing and industrial building expansion over the next 50 years. Master Node is Pilot Node – Near Luanda: The master node will also be the pilot node, which will be built close to Luanda and will have a much higher energy capacity, say 1100 to 1650 MW, which can be expanded, when needed. Companies want to be near each other and close to a ready source of employees. Master Node Suggested Industry Categories: Primary Industries: Refining, basic petrochemicals, fertilizers, and steel plants. Secondary Industries: Mainly specialty petrochemicals and plastics. Feedstock is mainly from the primary industries. Support & Light Industries: Fabrication and light manufacturing to support primary and secondary industries and the community. Privately Owned Industrial Businesses – Enterprise Zone enhancements: To attract international and Angolan private investment capital to the nodes, the following benefits will be offered:       Quick business license process – handled directly by node administrators without the need for government agency approval Discounted feedstock supplies Infrastructure Service Industries 15 year tax holidays & import, export and customs exemptions Favorable land & utility rates

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Freedom to repatriate profits and funds Streamlined processing of loan guarantees from 1st world countries‘ governmental agencies

Oil More Valuable as a Petrochemical Feed Stock: Burning oil in vehicles, generators and power plants is a waste of a commodity better used as a feed stock in the petrochemical industry. The plastic which is used in most products used in the modern world comes from oil. Fertilizers are largely made from oil. We believe that the Angolan government can provide long term contracts for substantially discounted oil allocations for petrochemical industries at the industrial nodes, as an inducement to set up business there. The savings in shipping and middleman costs, in addition to the creation of Angola‘s industrial capacity, will more than offset any discounts which might be offered. Angolan Government Node Land Grants The Angolan government must provide debt free land comprising about 20,000 hectares for each planned industrial node. This is about 200 square kilometers, or a site 14 kilometers square. This should provide sufficient industrial and high density residential expansion room for the next 50-100 years at each site. Relocation Issues:   residents and farmers, by simply evicting them and bulldozing their homes and farms, often forcing them to flee to the cities. This practice has been socially and economically disruptive and has caused anger by the people against the government. We believe that there is a better way, which has been made possible by the beneficial nature of the structure of the trust.  In the case of the Angola Permanent Trust Fund, and the individual node trust, both of which are required to act as fiduciary trustees towards the residents and farmers who will be affected by the land grant of the land they occupy. This is because these disrupted people are beneficiaries of both the Angola Permanent Trust Fund and the local node trust. This means that, since the trustees will have an absolute mandate to act ONLY in the BEST social, environmental and economic INTERESTS of the trust Angola can take a lesson from China, whose rapid industrial growth, combined with central government control working hand in hand with private development and industrial companies, have mishandled the relocation of the existing

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beneficiaries, then the trustees are forced to act in a beneficial way towards the affected community. In addition, the trustees are accountable to the beneficiaries, so should the trustees attempt to act against the beneficiaries‘ interests then the trustees can be removed, by vote of the beneficiaries and replaced by trustees who will observe the beneficiaries‘ ―best interests‖ mandate.

Project Planning and Creation of the Trusts: Once the creation of the Angola Citizens’ Permanent Trust Fund & Nuclear Infrastructure Project is approved for creation and implementation by the Angolan government, its full scale funding should start within two to three years. This will give the Angolan government time to rev up oil production sufficiently to assign 10% of its gross revenue (about US$ 3 billion per year) to the trust. The trust structure and guarantees should not be created by law (which has the possibility of being revoked by a future Angolan legislature and administration), but by an amendment to the Angolan constitution, which could only be changed by a supermajority vote of Angolan citizens. Note that the Alaska Permanent Fund was created as an amendment to the Alaska constitution by wise citizens who were justifiably wary of their elected officials. Meanwhile, we believe that there are available discounted gas allocations which can begin funding the trust accounts immediately. This should provide sufficient implementation monies in the range of US$ 50-100 million per year, to begin implementation of the full program. The Proposed Role of the ANGOLA NUCLEAR INFRASTRUCTURE GROUP- MESTRES & SERVIÇOS LDA: The promoters of this project, the ANGOLA NUCLEAR INFRASTRUCTURE GROUPMESTRES & SERVIÇOS LDA will obtain a negotiated percentage fee implementation contract (based upon the gross cost of the implemented project, payable as the development money is paid out) with the Angola Citizens’ Permanent Trust to implement the project during its 25 year funding cycle. The ANGOLA NUCLEAR INFRASTRUCTURE GROUP- MESTRES & SERVIÇOS LDA, under direction of the Angola Citizens’ Permanent Trust’s trustees, will use this money to assemble and pay an international consortium of professionals and companies to proceed to develop the project plan, locate, receive and survey and plan node on the grant land, identify, chose and order the nuclear power plants, identify and bring aboard international manufacturing and industrial companies interested in participating in the project, etc., to be ready to begin major construction when the 10% oil/gas allocation begins to fund in two to three years. Until we begin assembling the consortium and start contacting international manufacturing and industrial companies, no one can know at what scale and scope the initial phase of the project will be. At this point, we can assume that this project will begin at one node, most likely near to Luanda, so that minimum road or rail infrastructure development would be required, and the experience and justification for expansion elsewhere will be obtained.

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Angolan Industrial Infrastructure Project’s Present Consortium Members: Adelino De Morais (Angolan citizen) & Michael Strausz (United States of America citizen) Founding members and Proposal Authors, Angola Industrial Infrastructure Group, LLC Reinaldo Trindade, Mestres & Serviços, Lda Carlos and Guillermo Rapaport, AMER-CON Andrew Kadak, PhD, Dept. of Nuclear Science and Engineering MIT – Massachusetts Institute of Technology Population Control – Infant and Child Mortality, Schooling and Social Security: If Angola does not plan properly, because the majority of its citizens are young, its population could grow beyond Angola‘s ability to expand its economy, even with this nuclear infrastructure program. Studies have shown that populations in Sub Sahara Africa are expanding beyond the countries‘ ability to feed, house and cloth their citizens. These studies have suggested that there are three main factors causing this population increase: 1. Lack of knowledge of the methods of modern birth control, and understanding of the dangers of over population, which can be learned in full program schooling, as suggested by this program. 2. Lack of a government funded social security system, which requires that a couple must have children available to take care of them when they get old and infirm. 3. High infant and child mortality, which requires that a couple must have more children to insure that some of these children are around for their old age. The income generated for all Angola citizens from the Angola Citizens’ Permanent Trust and for those fortunate enough to live and work in the ESOP-RSOC node trust zones, can take the place of a social security system – and additionally provides money for savings and investment for each citizen‘s future.

Also population control is often linked to women‘s empowerment and gender equality. By insuring that women obtain the same level of schooling as men, and by being empowered through the trust by its micro-lending program for women, the state of affairs can only get better.

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Nuclear Power Types and Costs: Three groups, ESKOM, MIT (Massachusetts Institute of Technology) and China‘s Tsinghua University‘s Institute of Nuclear Energy Technology are developing a modular 110165 MW high temperature pebble bed reactor using helium gas as coolant and the gas for electric producing gas turbines. The modular design allows construction time in about 2 years, at fraction of the time and cost of old style water cooled reactors, and completely safe. Old style power plants are much more expensive, cannot be readily expanded, and have serious waste disposal issues. The new generation reactors are greatly simplified: The capital costs are estimated to be in the range of US$1000-2000 per KW, or US$ 165-330 million for a single 165 MW plant. At that price, for Angola to achieve parity with a modern, 1st world country, such as France, which gets approximately 80% of its energy from nuclear power, it would have to build about 30 times its present capacity of electricity generation of about 700 MW. At the above costs, total outlay would be about US$ 30 billion to achieve energy parity with France. This means that over a generation, Angola could easily accomplish this and build much other infrastructure besides.

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SOUTH AFRICA’S PBMR: A MELTDOWN-PROOF REACTOR
The Pebble Bed Modular Reactor (PBMR), now under development by the South African company Eskom, is shown here with its main power system and support systems. As described in the Nuclear Report, the PBMR and its cousin, the General Atomics GT-MHR, are both helium-cooled hightemperature reactors with direct-cycle gas turbines, which eliminate the conventional steam cycle. These reactors encase the nuclear fuel in tiny ceramic spheres (instead of the familiar domed containment buildings of conventional nuclear plants). The two designs have inherent and passive safety features, which make them meltdown proof: In brief, the reactor‘s design prevents it from getting hot enough to split open the fuel particles. If there is a coolant failure, the reactor shuts down on its own, without any human intervention necessary. The major differences in the PBMR and GT-MHR designs are in the type of fuel assembly, and the amount of power produced. The fuel for the GT-MHR is shaped into rods, while the PBMR fuel is fashioned into tennis-ball-sized ―pebbles.‖ The PBMR is 112 megawatts electric, while the GT-MHR is 285 MWe. PBMR fuel consists of tiny particles of uranium oxide, coated with layers of ceramics and silicon carbide, forming an impenetrable barrier, which contains the fuel. The particles are then mixed with graphite and molded into pebbles, about 310,000 of which fill the reactor vessel. An additional 120,000 graphite balls serve as moderator.

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Thorium, which is much more abundant that uranium, can also be used for nuclear fuel and has a much reduced disposal problem. It has another advantage in that thorium is very difficult to weaponize.

4th generation nuclear reactors are the wave of the future, and any country who does not create a nuclear infrastructure program will be playing catch-up when oil and gas become scarce and expensive.

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IAEA (International Atomic Energy Agency) Safeguards and Verification Nuclear power has gotten a bad rap because of its potential to create atom bombs. Secrecy and bad intent by some governments has gotten them in trouble. The simple way to avoid these problems is for Angola to offer full transparency, with an absolute commitment to use nuclear energy for peaceful and economic purposes. The government of Angola and the trustees of the Angolan Citizen’s Permanent Trust will sign all necessary IAEA safeguard and inspection agreements to promote full access by UN and IAEA inspectors to all aspects of the project.

Pillars of Nuclear Cooperation

Promoting Safeguards & Verification

The IAEA works for the safe, secure and peaceful uses of nuclear science and technology. Its key roles contribute to international peace and security, and to the World's Millennium Goals for social, economic and environmental development. These agreements will guarantee that all nuclear enrichment and production will be used for peaceful purposes, which should insure that the international community embraces and encourages Angola‘s nuclear future. Full Transparency This planning, development and operation of the Angola Nuclear Infrastructure Project will be conducted with complete transparency, freely exchanging technology, ideas, experience, operations, etc. with everyone, every country and every international company, and international entities (such as the UN), and other government and nongovernmental agencies (NGOs), who might be interested in this project. We expect that this transparency, with this planning, development and operation documentation fully available on a dedicated project website, will foster free interchange of ideas.

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The Angola Citizens’ Permanent Trust and ESOP-RSOC Trust program models: ESOP - Employee Stock Ownership Plan The ESOP model was created by Louis Kelso and Norman Kurland and ESOP legalized in the 1970s by the US Congress to promote the partial or complete ownership of business and companies by their employees. The employees were often granted stock as part of their compensation. Sometimes the employees raised money from banks, secured by company assets and stock, to buy out outsider shareholders. The theory is that ESOPs provide labor a share of the profits, instead of just wages, which spreads the wealth around, instead of just keeping all the ownership in the hands of capitalists (investors and outside stockholders). In addition, it is meant to make workers more loyal to the company, since they are also owners and sharing in the rewards of capital. More about ESOPs and also Community Investment Corporations can be viewed online at Norman Kurland‘s website for the Center for Economic and Social Justice www.cesj.org. His book Capital Homesteading for Every Citizen recommends the same models of shared ownership of capital, or social capitalism, which is the basis for the Angolan Citizens‘ Permanent Trust program. Alaska Permanent Fund Created by Alaska voters in 1976 to establish by Alaska constitutional amendment a dedicated fund to invest the proceeds of at least 25% of all mineral lease royalties earned by the state (particularly from Alaska oil extraction by private companies) in the capital markets, the income of which is mostly distributed to all residents of Alaska, and the principal must be reinvested and not spent. This means that the fund is permanent and cannot be taken away from the people by the government, without changing constitution by vote of the people. The average annual dividend ranges from $1,000 to $2,000 per Alaska resident. This is how the Alaska Permanent fund diversifies its $37 billion in principal.

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MSDC’s RSOC – Residents’ Share Ownership Corporation Program The RSOC program was created by Michael Strausz and Ulysses J. Montgomery (Mr. Montgomery has no involvement whatsoever in the Angola Citizens’ Permanent Trust Fund and Angola Industrial Infrastructure Project) as a vehicle to redevelop underused property (often owned by government, or African American church or community non profit groups). The RSOC program called for the properties (or business created there) to be owned by an RSOC trust, whose sole beneficiaries would be the residents of the redeveloped projects and the residents in the communities affected by the redevelopment. The RSOC program developers, financiers, consultants and professionals who implement these projects would be hired as ―fee‖ agents or consultants and would have no ownership in the projects, so that all the profits generated in the projects would go to the RSOC trust beneficiaries. The RSOC trusts would initially run by outside professionals, until which time as the residents themselves could be trained to take over management. In both cases, the demon of management and governance discretion would be eliminated, by requiring all directors, trustees and managers to act ONLY in the BEST environmental, social and economic INTERESTS of the trust beneficiaries.

Proper Use of Public or Community Group owned land The RSOC uses surplus public land and cooperatively owned land in redevelopment areas for the full benefit of the low and moderate income residents and small business owners who are affected by redevelopment. The RSOC model will change everything The RSOC done once, successfully, will change the way public land is used - in the best social, economic and environmental interests of its owners, the people, instead of squandered by sweetheart, closed door, manipulated transfers to profiteers.

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RSOC Purpose The RSOC program‘s purpose is to plan, finance, build, own and manage mixed income housing and economic development projects, primarily for the benefit of its shareholders and members. This program was designed for the redevelopment of properties in America‘s inner cities, but the benefits listed below would apply to Angolan development too.  Use surplus public lands or privately held cooperative housing projects as capital stakes to attract productive credit to develop substantial capital ownership for low and moderate income residents of redevelopment areas. Revitalize distressed communities for the benefit of its existing low and moderate income residents. Eliminate the root causes of crime: poverty, joblessness, failed schooling, lack of hope, etc., by putting the money and tools to eradicate these social ills under the direct control of the people who need assistance. Change the model of redevelopment, so that all benefits generated in redevelopment areas go directly to low and moderate residents of the affected community, instead of into the hands of a small group of outsider-profiteers. The RSOC‘s successfully realized example will prove an easily replicated model to supplement government‘s unraveling social safety net, by reducing its most distressed citizens‘ need for its help. Convert the usual victims of redevelopment and gentrification, the residents of the affected communities, into OWNERS and FULL BENEFICIARES of the process, as intended by law. Boost low and moderate income RSOC shareholders into the middle class, by providing them: real estate investment equity, job training, educational & business opportunities, and hope – resulting in a great reduction in inner city crime.

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WE CAN FORGIVE A CHILD FOR BEING AFRAID OF THE DARK, BUT THE REAL
TRADEGY IN LIFE IS WHEN ADULTS ARE AFRAID OF THE LIGHT

GOD BLESS THE PEOPLE OF ANGOLA

The following discussions show that as soon as practical, the

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Angola Industrial Infrastructure project should transition to nuclear power. Africa Needs Power!
Africa—very literally the dark continent as seen from space at night—accounts for 12% of the world's population, but only 2% of the world's energy consumption.

Power is the key to kick-starting the African economies. The World Cannot Survive Without Nuclear Energy
Developments around the globe—from Europe to Asia and even the United States—indicate that leading policymakers are finally beginning to realize that the world will not survive without a revival of nuclear power. In Asia, where the preponderance of the world's population lives, energy-starved, in abject poverty, leading political economists has insisted that third world countries, and particularly India and China, will never overcome their destitution unless they move with an integrated 50-year development plan, which places great emphasis on nuclear power. They are not generating enough real income for their people, to bring the 70-80 percent of the population out of poverty. India, leading political economists have indicated, has tremendous capability for launching a massive program to build high-temperature gas-cooled reactors, using its vast supply of thorium. By building small plants, in the range of 120-200 megawatts, India is capable of producing the pressure vessels on a mass scale. Such a production program can provide the power to transform the rural areas of India by providing a lot of cheap power. A leading political economists' conception for the international nuclear revival emphasizes the importance of using thorium fuel (which cannot make bombs), and proliferating small reactors, which would minimize the loss of energy through transportation of power. Oil reserves should be used be petro-chemicals, and gas should be primarily used locally. In the future, the use of nuclear power will facilitate the shift to hydrogen-based chemical fuels. The big picture is this: we are going to have to change the global economic reality over the next two generations. We are going to have to build new cities, deal with rural poverty, and create high-speed transportation and development corridors throughout the Eurasian region, the Americas, and Africa.

Six African Nations to Build Nuclear Power Plants
The first African Regional Conference on Nuclear Energy, in Algiers Jan. 9-10, drew representatives from 45 African nations and the head of the International Atomic Energy Agency, Dr. Mohamed ElBaradei. Press reports say that Algeria, Libya, Egypt, and Morocco described their plans to go electrical, and that Namibia also plans a small nuclear plant. South Africa has nuclear power now, and plans to build additional plants. The Secretary General of the Algerian Foreign Ministry noted that "Africa is entitled to reap the benefits of atomic energy, without any constraints or obstacles being put in its way, within the bounds of

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international agreements.‖ Algeria currently operates two research reactors, and has submitted an application with the IAEA to build commercial nuclear power plants. It was stressed that nuclear technology is key to the UN's Millennium Development goals, in water management, pest control, human health, and energy production. "Capacity building in science and technology is a prerequisite for addressing national and global challenges associated with basic human needs."

South Africa's PBMR: World's Most Versatile Nuclear System
The fantastic worldwide economic potential of South Africa's Pebble Bed Nuclear Reactor
Next year the Republic of South Africa will begin construction of the first Pebble Bed Modular Reactor (PBMR))— a revolutionary nuclear power source which South Africa's Minister of Public Enterprises calls "the perfect nuclear technology for Africa and the developing countries." With the PBMR, South Africa has taken the leading edge in fourth-generation nuclear technology, combining extraordinary simplicity, robustness, and "inherent safety" with the capability to produce high-temperature heat for the production of hydrogen-based fuels and other industrial processes, as well as cheap electricity.

The International PBMR Conference
On Jan. 30 of this year, Britain's Nuclear Industry Association sponsored an international conference devoted entirely to the PBMR, and attended by some 200 industrialists, nuclear experts, and political representatives from South Africa, the United Kingdom, the United States, Japan, France, Germany, Spain, and Switzerland. This should be a wake-up call to all that the era of suppression and stagnation of nuclear energy development has drawn to an end. It was emphasized that the major technological advances embodied in the PBMR is its simplicity, speed of design, and rapid construction. The 165-megawatt-electric modules are very appropriate for developing countries, which lack extensive electricity grids. It was also noted the massive support given to the project by the South African government and the state-owned electricity company, Eskom, as well as the wise decision by both to draw in worldrenowned industries, such as Mitsubishi Heavy Machinery, in supplying certain key components of the reactor, alongside the major role of South Africa's own domestic industry. Now the project is engaging suppliers spanning the globe, guaranteeing the commercial viability of a new path for nuclear energy. At the same time, the PBMR will constitute a major contribution by South Africa to improving the lives of people in Africa. South Africa has decided to make itself into a "global center for nuclear excellence," placing export of standardized nuclear reactor modules at the forefront of a strategy to cement the country's role as a major exporter of capital equipment. At least 12 countries are currently interested in purchasing PBMRs.

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The PBMR is "South Africa's unique contribution to the global challenge" of meeting mankind's power needs, not only for electricity, but also for transport and industry. It was pointed out that this was of decisive importance for this technology to be developed for Africa in particular. PBMR is classified as a "National Strategic Project," but also involves a remarkable international cooperation.

Hydrogen from nuclear power
Beneficial by-products of excess nuclear power include large-scale hydrogen production; synthetic natural gas and other liquid and gaseous fuels from coal, oil, or other carbon sources; process heat for refineries and other chemical plants; heat and steam for recovery of heavy oil and other resources; large-scale desalination, and so on. In this context, he who hesitates will be last – as the following five conditions defining a unique "window of opportunity" for the introduction of nuclear process heat into the world's energy market.

To succeed, any proposed nuclear technology: 1) Must be developed as soon as possible 2) Must be very safe, in order to be located close to heat-consuming industrial facilities 3) Must be cost competitive with alternate energy sources 4) Must have the right size, ideally in the range 400-500 megawatts-thermal 5) Must produce the right temperatures, in the range of 800-1,000 degrees.
The PBMR modules fit exactly these requirements, with no serious competition on the scene. The chemical energy of hydrogen can be converted to power most efficiently by a device known as a fuel cell. Combustion of hydrogen, as in an engine, could also be used for obtaining power. Hydrogen is easier to store than electricity, but hydro-carbons, especially liquid fuels, are much easier to store than hydrogen. Hydrogen is the most abundant element in the universe. However it does not normally exist on Earth as a gas (H2), but is rather found in the form of chemical compounds. It is most often found combined with oxygen in water (1-120). It is also found combined with carbon in the various hydrocarbons. Examples include the gas methane (CH.), which is the principal component of natural gas; the heavier liquid hydro-carbons which make up petroleum; and coal. To produce H2 from compounds, it is necessary to use energy to break the chemical bonds which hold the hydrogen. The merits of using nuclear energy for hydrogen production are that there is no CO2 emission, a sustainable bulk supply capability, and a high energy density, facilitating energy security. As it is essential to reduce the global use of fossil fuels, it is important to explore the feasibility of nuclear energy replac ing fossil fuels as the power source for non-electric applications. The most promising and realistic way to fulfill this need is to use nuclear energy to produce hydrogen, an excel-lent energy carrier.

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Saudi Arabia’s Jubail Industrial City
Thirty years ago, Saudi Arabia launched a project to build a city from the sand up. Today, Jubail is an industrial capital with a population of more than 100,000 that accounts for more than 7 percent of the kingdom‘s gross domestic product. Wooden dhows have made way for container ships. A single pier has evolved into a bustling industrial port that serves 38 primary and secondary industries including oil refining, petrochemicals, and steel.
Jubail Industrial City, in fact, is the largest civil engineering project in the world today. It also is one of Bechtel‘s most remarkable achievements—a mega project that has required vast resources and logistical planning on an unprecedented scale. Bechtel has managed the project since it began, and last year, the Royal Commission for Jubail and Yanbu asked the company to manage Jubail II, a $3.8 billion expansion of the city‘s industrial and residential areas. In a 1973 meeting in Geneva, the Saudi royal family said that it was looking for ways to diversify the kingdom‘s economy. Steve Bechtel Sr. had noticed the massive amounts of natural gas going to waste during oil extraction in the Eastern Province. He suggested harnessing it for power generation, petrochemical feedstock, and other industries instead of flaring it off, and the royal family agreed. The Royal Commission for Jubail and Yanbu was created in 1975 with Crown Prince Fahd as chairman. The Jubail Master Plan was adopted two years later, and the city has grown in size and economic importance ever since. From the beginning, the Royal Commission thought big. Jubail Industrial City would be 102,000 hectares—10 times the area of the Panama Canal. The city now serves 17 primary industries, 21 secondary industries, and 132 support and light manufacturing industries. The industrial development required the world‘s largest seawater cooling system, pumping more than 1 million cubic meters per hour. The industrial plants, power sources, utilities, commercial ports, and national airport were only part of the job. Bechtel planned and managed the construction of everything that makes Jubail a community, including neighborhoods with greenbelts, a hospital, schools, and mosques. The first primary industry, a steel mill, came online in 1982. Today, refineries, petrochemical plants, and more than a dozen industrial plants produce everything from petroleum to plastics. As a result, Jubail has reduced the kingdom‘s dependence on outside industries—one of the basic goals set out by the royal family in the early 1970s. Jubail has also evolved into a major player in the global petrochemicals market, attracting top technical and business minds from 40 countries. Its residents attend two dozen schools, shop at 14 shopping centers, and play golf at the Whispering Sands course.

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Jubail II will add a second industrial area to house up to 22 new primary industries. The project calls for the expansion of King Fahd Industrial Port, pipeline refurbishment, increasing capacity of the cooling system, and new desalination plants. The team will tailor plans to meet demand over the next 25 to 30 years. Expanding in Phases Jubail II will proceed in four phases, with the initial phase accommodating nine industries and covering 1,900 hectares of the total 5,500-hectare development. Designs for infrastructure facilities, including tunnels, superstructures, pipelines, and transport routes to the port were completed in 2004. The first phase will be complete by 2007 and the first industry may start production as early as 2008. Most of the Jubail II plant buildings lie three kilometers west of the existing industrial park. The team is adhering to the original master plan, building in open space that was set aside 30 years ago. Residential areas will be added within the existing community to accommodate up to 50,000 additional residents by 2024. One improvement over the early years is that today‘s team will be able to hire more local contractors. ―We have a much larger pool of experienced local contractors to rely on now,‖ says Candler. ―We expect to build the project using almost entirely local help.‖ A High-tech City Another dramatic change is in the city‘s use of technology. The Royal Commission recently completed an information technology expansion, which brought broadband Internet access to most of the buildings in Jubail and added a new set of servers and other hardware. Jubail II will be high speed from the beginning. As Jubail‘s reputation as a modern industrial megaplex has grown, so has its academic prominence. Jubail Industrial College is considered one of the best universities in the kingdom, with a focus on engineering technology, business, and English. Jubail Technical Institute, which opened in September 2004, trains students as technicians in trades most needed by local industries. Within a few years, it will graduate welders and electricians who can choose to stay in Jubail after diploma day. This massive industrial complex on the Arabian Gulf, along with Yanbu, its twin on the Red Sea, stands as a symbol of the government's vision of Saudi Arabia's future development. The Royal Commission for Jubail and Yanbu was established to plan and administer all installations in these two "cities." An ancient center of the Eastern Province and a caravan junction, the city of Jubail was famed for pearling. Located near the oil producing area, it was found suitable as the site of the world's largest petrochemical complex. Jubail industrial city has been divided into multiple zones: 1. The Industrial Zone has nineteen main factories with 136 ancillary installations, and produces steel, aluminum, plastic and fertilizers under the supervision of the Saudi Basic Industries Corporation (SABIC). This zone covers an area of 8,000 hectares, or approximately eighty kilometers. In catering to diverse needs, SABIC leases fully developed and fully equipped industrial sites at nominal rents. 2. The Residential Area is composed of eight localities built on an adjacent island linked to the mainland. There are 40,000 inhabitants. The area has the capacity to accommodate 375,000 people in modern up-to-date houses.

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3. The Airport Area, covering an area of 250 kilometers, has the capacity to receive all types of aircraft and handles the transportation of passengers and freight. 4. The Picnic Zone, situated to the West of the industrial zone, covers an area of 204 kilometers. To the residents of the city, it is an invaluable recreation area. It encompasses verdant sites, playgrounds and facilities for water sports. The zone is set among abundant trees and rare plants.

Abu Dhabi’s MIT association and $300 Billion citizens’ trust fund

March 18, 2007 Abu Dhabi Explores Energy Alternatives By HASSAN M. FATTAH [Abstract of article] ABU DHABI, United Arab Emirates, March 14 — On the outskirts of this Persian Gulf boomtown, past an oil refinery and a water desalination plant, the foundations are being poured for an ambitious project that will house a research facility and perhaps even a power plant, all intended to take this oil-producing giant into the next energy wave. Oil, however, will have nothing to do with it. The sun, the wind and hydrogen will. Abu Dhabi, the capital of the United Arab Emirates, the fourth largest OPEC oil producer with about 10 percent of the known reserves, is seeking to become a center for the development and implementation of clean-energy technology. Last year, the emirate launched the Masdar Initiative (Masdar is Arabic for source), which has signed up major oil and technology companies, universities around the world and U.A.E. ministries to help develop and commercialize renewable-energy technologies backed by hundreds of millions of dollars of Abu Dhabi‘s money. The U.A.E. is only the most serious among Persian Gulf oil-producing countries whose thirst for electrical power has spawned efforts to find other sources of energy to save high value fossil fuels for export. Most Persian Gulf states get their water from desalinating gulf waters, an energy-intensive process. With their populations growing rapidly, domestic consumption of oil is commanding a greater share of production.

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Late last year Saudi Arabia and other gulf states began a research program looking into nuclear power. ―They‘ve seen the writing on the wall: where will all these places be, post-oil?‖ said Virginia Sonntag-O‘Brien, managing director of BASE, a center in Basel, Switzerland, that promotes investment in energy efficiency and renewable energy. ―It‘s their message that they are an oil-producing nation taking the energy and climate issue seriously and developing their own economy, which is important.‖ Abu Dhabi has long prided itself on being an example of what oil money, put to good use, can do. Oil helped turn Abu Dhabi from desert fishing village into an influential Arab capital. It helped build a citizens’ trust fund that is estimated to be worth up to $300 billion, whose investments are estimated to bring the emirate almost twice income as its oil sales do. Shortly after it announced those plans, Masdar announced an even more ambitious project to develop a graduate-level research center in combination with M.I.T. that will be focused on renewable-energy technologies. Scientists who join the program will be able to attend M.I.T. courses in Boston and will be assisted in developing research and courses at Abu Dhabi. M.I.T. administrators liken the effort to one that the university spearheaded in Bangalore during the 1960s that helped create the high-tech corridor there. In a decade, Masdar‘s executives and M.I.T.‘s administrators predict, Abu Dhabi is likely to have expertise in solar energy, photovoltaics, energy storage, carbon sequestration and hydrogen fuel. Most important, they say, it hopes to prepare itself for a world that is not as reliant on fossil fuels as it is today. ―We realize that the world energy markets are diversifying, so we need to diversify too,‖ said Sultan A. al-Jaber, chief executive of the Abu Dhabi Future Energy Company, the government arm that manages the Masdar Initiative. ―We see the growth of renewable energy as an opportunity, not as a problem.‖ ―For a player in that world to recognize that there‘s this other component to the energy business is itself a recognition that the world is changing,‖ said Marc Stuart, director of new business development at EcoSecurities.

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Industrial Development & Transition to Nuclear Power = People Power + Clean Environment

THE ANGOLA INDUSTRIAL INFRASTRUCTURE GROUP, LLC

Adelino A. De Morais 240 Lombard Street #428,

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San Francisco, CA 94117 Phone: (415) 756-9415 Email: Adelinodemorais@angolaiigroup.com Education Institute of Electronics – High School Eduardo Garcia Delgado, Havana, Cuba 1977-1981 Universidade Agostinho Neto, Luanda, Angola Department of Economics 1981-1983 Cite Universtaire d'Orleans, Orleans, France University of Sorbonne, Paris France Bachelor of Science: Economics 1983-1987 City College of San Francisco San Francisco, California International Business 2001-2003 Employment Experience 1989-1994 Job Title: Assistant Project Manager Employer: World Bank- $360 Million Budget, Luanda-Angola Duties: Economic Management Capacity Building: function as a coordinator between The Angola Authorities and the World Bank. Conducting seminar regarding investments strategies and policies on revising Angola‘s new economic policies. Job Title: Executive Employer: Angola Liaison Office, San Francisco Duties: Act as an Angolan Investment liaison on the contract with Angolan authorities, duties including discuss investment opportunities with potential foreign investors. Job Title: Consultant Employer: Amer-Con Corporation, Miami Duties: Responsible for the research, evaluation and implementation of major infrastructure economic development projects in Angola, Ethiopia and Mozambique. Projects completed had a value of approximately $700 Million. Job title: consultant Employer: Arko Engineers, Development CO., LLC, San Francisco Duties: Adviser on specifics Business interests in Angola, introduction to new Business. 2007 Job Title: Principal Angola Industrial Infrastructure Group – A group formed to create an Angola Citizen‘s Trust and a plan to create industrial infrastructure nodes throughout Angola to help develop Angola‘s human and natural resources in the best economic, social and environmental interests of the citizens of Angola. In the proposal stage. Fluent in English, Spanish, Portuguese, French and Swedish

1994-1997

1997-2002

2002-2006

Language Skills

Michael Gannon Strausz 2860 Laguna Street

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Industrial Development & Transition to Nuclear Power = People Power + Clean Environment

San Francisco, California 94123 Michael@Strausz.com Professional License: Membership: Bay Area Real Estate Services -- San Francisco Board of Realtors – No. California Multiple Listing Service Education: Prep-School - The Lakeside School, Seattle, Washington, Class of 1969 University - Occidental College, Los Angeles, BA Physics, Class of 1973 Employment Experience: 1973 to 1975 1975 to 1978 1978 to 1981 Parker, Towle & Thompson, Real Estate Brokerage, Pasadena, California as a real estate broker and sales agent Grubb & Ellis Residential Brokerage, San Francisco, California, as a real estate investment property broker and outside apartment manager Sterbentz – Strausz & Company, Inc., San Francisco, California, as co-owner and managing broker, specializing in investment property sales and residential income property renovations (approximately 150 units renovated) Michael Strausz & Company, Inc. San Francisco, California, as owner and managing broker, involved in residential, commercial, income property and office and residential land sales. Mr. Strausz had as many as 30 agents licensed at his office and over a period of about a 15 years, successfully closed over 2000 Bay Area property transactions. During this period Mr. Strausz acted as a consulting expert witness in a number of court cases and arbitrations, with a specialty in real estate practice, contracts and values. Consumer Funding, Inc., San Francisco, California, as corporate and managing broker, specializing in residential, income property and commercial real estate lending. He oversaw the closing of over $1 billion in loan fundings. Land Use Expert for the Communities For A Better Environment (CBE) pertaining to their intervener status with California Energy Commission in opposition to the expansion of the Potrero Power Plant, and in opposition to the San Francisco Redevelopment Agency‘s plans for the Hunters Point Shipyard. Mr. Strausz is participating in a plan to identify and create mixed use and mixed income, capital ownership development opportunities for low and moderate income community residents of redevelopment affected communities and owners of affordable housing cooperatives and publicly owned low income housing projects. Present proposals include the redevelopment of San Francisco‘s 267 unit Hunters View low income apartments into approximately 600 units of race and income integrated rental/sale condos, the profits of which will pay for the cost of the affordable units and all remaining unsold market rate condos will be owned as a dividend producing capital asset by an investment vehicle developed by MSCD, called an RSOC (Residents‘ Stock Ownership Corporation) Trust, whose only beneficiaries will be the qualified existing low income residents of Hunters View. Mr. Strausz, his associates and their clients, the Hunters View Tenants Association, have been invited by the San Francisco Redevelopment Agency sponsored Bay Hunters Point Project Area Committee to present this plan for review and consideration by their committees and other city agencies during the month of October, 2007. California Real Estate Broker License #00453187 Since 1975

1981 to 2005

1986 to 2005

2003 to 2004

2005 to 2007

Mr. Strausz most recent development project was the $6 million mixed-use high end condominium project completed this year and located at 807 Columbus in San Francisco, California.

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Industrial Development & Transition to Nuclear Power = People Power + Clean Environment

MESTRES & SERVIÇOS LDA

Reinaldo Luis da Silva Trindade Mestres & Serviços, Lda, RUA CDTE GIKA, 191 R/C, LUANDA, ANGOLA TEL: + 244 22 2320071 EMAIL: MESTRES@NETANGOLA.COM Education Present 1982-1988 Degree in Automatic Engineering, Technical University of Ilmenau, Republic of Germany Mestres & Serviços, Lda since 1992

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Industrial Development & Transition to Nuclear Power = People Power + Clean Environment

Responsibility Chairman of the Business Board for: Mestres & Serviços, Lda, Mestres, Serviços & Commerce and BERSON (PTY) Group Professional Experience 1988-1989 ENE – National Electricity Corp. Technician for Method and Organization Office EPAL – Luanda Water Treatment Corp. EPAL Computer & Billion Dept. Manager TAB – Consultant (PYT) Ltd. – Lesotho TAB Consulting Representative in Luanda

1989-1991

1991-1993

Other Experience       Associations    Designated member of Global Leader for Tomorrow Member of the Luanda Rotary Club Member of the Angola Engineers Syndicate Chairman of the Inspection Board for Angolan Young Businessmen Association Member of the Task Force Board that specifically organizes African Economy Summits for the World Economic Forum Member of the Task Force Board for the Global Leader to Know Free Commerce & Digital Difference Attended more than 10 World Forums and Summits in New York and Geneva held by the World Economic Forum Attended many other African Summits (Afro-American) and the World Youth Summit

Representative U.S. General Motors Corp. Representative (Electromotive Division) in Angola

Interests

1991 (45) days in Sweden for central hydroelectric, civil engineering projects and basic Infrastructure training      Participated on Activity Control Works Attended 1st National Meeting for Water Sector Management Participated on Technical Network Project for Benefica Neighborhoods community with links to Angolan President‘s Office (Belo Horizonte Urbanization Project) Attended 1st National Summit for environment and sustainable development Participated on assessment project for property budgets (Predio sujo do Marcal) and restoration assessment for public housing and buildings

Languages Computer

Fluent in Portuguese, German, English and a working knowledge of French Advanced computer programming and Microsoft Office

MESTRES & SERVIÇOS, LDA
Turning contacts into contracts

Mestres & Serviços, Lda RUA CDTE GIKA, 191 R/C, LUANDA, ANGOLA TEL: + 244 22 2320071 EMAIL: MESTRES@NETANGOLA.COM

Mestres & Serviços is a company whose activities span crucial areas of the Angolan economy. It was established

in 1993 as an enterprise headed by Reinaldo Trindade. Nominated in 2001 as a Global Leader for Tomorrow by

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Industrial Development & Transition to Nuclear Power = People Power + Clean Environment

the World Economic Forum, Trindade is a leading young Angolan entrepreneur, and active in several of the country’s business organizations in addition to running his own company. His experience of working in the government-run utility sector, which included working at a water supply company and at the Department for Energy, gave him an invaluable insight into the workings of the whole sector, and he established personal contacts that are an essential prerequisite for conducting business in Angola. Obtaining a degree in Germany, and gaining experience of working in a western-style economy, gave him a firm understanding of the prospects for foreign investors when they choose to invest in Angola. Firmly convinced that the future for his country’s service provisions lie in the private sector, Trindade struck out on his own, forming a partnership that is now Mestres & Serviços. This solid middle-sized enterprise provides high-quality, essential services in the area of:  Civil Construction and Public Works  General Consultancy  General Commerce, Imports and Exports  Representation DIVERSIFICATION During the first years of operation, Mestres & Serviços gained vast and widely recognized experience in engineering, urban infrastructure, equipment installation and water extraction. The realization of such projects meant working together with international leading partners in the spheres of engineering and hydraulics. This involved working with Gauff-Inginieur and entering into an exclusive contract with General Motors (electromotive division). The rich and varied experience of Mestres & Serviços is characterized by its capacity to operate successfully in a free market economy. One of the secrets of its success can be found in the sphere of activities that include the process of diversification as well as the restructuring of the Angola economy. While retaining an organic structure, the company has been able to diversify into specialist areas of operation. This provides it with

scope for future evolution into a conglomerate, which could include the following divisions:  Mestres & Serviços – Commerce  Mestres & Serviços – Consultancy  Mestres & Serviços – Building Materials  Mestres & Serviços – Property Services  Mestres & Serviços – Agri-Industry  Mestres & Serviços – Tourism  Mestres & Serviços – Construction  Mestres & Serviços – Public Works The challenges the company faces also represent opportunities to show that it can adequately respond to such dilemmas as late deliveries or capacity bottlenecks without affecting the quality of its work. It should be expected that Mestres & Serviços will be closely involved in the transformation and the development of the Angolan market economy. The further expansion of the oil economy is expected to create more opportunities in ancillary areas, such as the provision of professional services, equipment maintenance, training and catering. The government is expected to re-invest the oil revenues in other sectors to allow for the growth of the whole economy. Angola is one of the fortunate countries in Africa that combine the existence of non-renewable resources with renewable ones such as water, hydroenergy and land. The ending of the civil war will enable the country to utilize the energy of its young population productively, while the reconstruction process will provide a growth stimulus to private enterprise. Mestres & Serviços would like to offer foreign companies the chance to participate in exciting business possibilities in the areas of:  Development Corridors  Transport and Telecommunications  Equipment for Mining and Petroleum Industries  Property Services and Tourism  The Agro-Industrial Sector  Financial Services including Banking, Insurance and Leasing

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Industrial Development & Transition to Nuclear Power = People Power + Clean Environment

AMER-CON

Brief Background of Amer-Con Corporation Directors Amer-Con Corporation was formed in 1988 by Carlos, Guillermo, Richard and Robert Rapaport, all of whom have been directors of the company since its inception. Henry Rapaport joined the company as a director in 1990. The five constitute the Amer-Con Board of Directors to present date of September 6, 2007.

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Industrial Development & Transition to Nuclear Power = People Power + Clean Environment

The following is a brief background of the five directors: Carlos Rapaport, 51, President, has over twenty-five years of experience in International Trade and has traveled extensively in his career to promote and generate business in developing countries. His efforts have been very instrumental in the lobbying for good relations between the U.S. and Angola. He has been responsible for developing and securing financing for a broad range of exports to developing countries through his extensive work with first class world banks including Investec, Citibank, Bankers Trust, Standard Chartered and Morgan Guaranty. As a result of his solid export experience he has been able to develop strong relationships with many key figures especially within the Angolan region. Carlos is a founding member of the U.S. - Angola Chamber of Commerce and also serves on the Board of Directors and Advisory Council to the Chamber. Aside from being President, he is an integral part of the Business Development team at Amer-Con. Prior to Amer-Con between 1979 and 1988, Carlos was Vice-President of DICOA CORPORATION, an international trading entity with extensive experience in Latin America. Guillermo Rapaport, 52, Senior Vice-President, has over twenty-five years of experience in the international business arena, primarily in the areas of Construction and General Trade & Commerce. His international experience began as part of a team responsible for developing innovative pre-engineered building systems by PANELFAB INTERNATIONAL CORPORATION, which were marketed and installed in over 60 countries around the world. The projects were very often turn-key including the systems, and the supply and installation of all materials. Since 1979, when entering Angola to supply and build the compound for CHEVRON OVERSEAS PETROLEUM, his activities have ranged from directing of construction projects to the marketing and installation of communications and automation systems. He is also very involved in the U.S. - Angola Chamber of Commerce, where AMER-CON is on the Advisory Council. He has been responsible for establishing of regional offices and operations for AMER-CON in the SADC countries of Africa and is now primarily devoted to Business Development at AMER-CON. Richard Rapaport, 50, Vice-President, has over twenty-five years of experience in international trade, primarily in the areas of general trade and commerce. He is involved in many aspects of negotiations from proposals and financing of products / services to the sourcing, shipping and processing of documentary letters of credit or other finance vehicles. He has managed the financial operations behind large transactions inclusive of sales of large volumes of agricultural, medical and constructionrelated goods and services to Angola and other neighboring countries. Prior to AMER-CON, Richard was also Vice-President of DICOA CORPORATION, with primary focus being Latin America. Robert Rapaport, 50, Vice-President, has over 25 years of international experience and has worked in many areas for the company including client relations, sales and marketing, logistics, purchasing and construction management. He is presently responsible for the implementation of AMER-CON’s logistics systems which are applied in all AMER-CON transactions using his Construction Management background. This entails domestic and international logistics from the beginning to the end of all transactions. Prior to Amer-Con, Robert was an integral part of the Construction Management team at PANELFAB INTERNATIONAL CORPORATION. Henry Rapaport, 47, Vice-President, is a Certified Public Accountant who has been with the company since 1990. Prior to then, he worked for over 7 years with COOPERS & LYBRAND. During this period, he managed all phases of client engagements in industries including banking, retail, communication, service, manufacturing, real estate and others. He now handles all the accounting and financial responsibilities as Chief Financial Officer of AMER-CON.

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