Luanda - The Private Investment and Export Promotion Agency (AIPEX) on Monday signed five investment intentions contracts in Luanda, worth 439.4 million US dollars for the fisheries, construction, agriculture and transport sectors.
The realization of this investment, an initiative of various national and international partners will enable the creation of more than 1,400 new jobs.
Among the five contracts signed, the most noteworthy is that of the AD Ports business group, focused on the rehabilitation and modernization of the Port of Luanda's Multipurpose Terminal, and the Unicargas Noatum Angola - Logística e Serviços Transitários project, focused on providing logistics, road transport and freight forwarding services.
These two investments, valued at 289.4 million dollars, will strengthen the Port of Luanda and create more than 125 direct jobs, which will be added to the 639 that already exist.
Another important project is that of the Safcomex Investment Group, which already operates in Angola in egg production, with an investment of 60 million dollars, aimed at producing chickens, creating 600 new direct jobs in Luanda.
The Salina-AMT (Angola) Trading project, with an investment of 49 million dollars, aims to produce salt and create 640 jobs in Benguela.
MCA Angola 2 Sustentabilidade, located in Luanda, has invested 40 million dollars and will create 120 jobs.
Speaking to the press, the AIPEX’s CEO, Arlindo das Chagas Rangel, said he was pleased with the contracts signed, as they gave investors the freedom to reinvest and repatriate their dividends, within the framework of the Private Investment Law.
He added that these intentions were the result of the security and opportunity that Angola offers investors.
The Secretary of State for Forestry, João da Cunha, on his turn said the agreements will make it possible to produce more chicken and substantially reduce imports of this product, which costs more than 400 million dollars a year to import.
Carlos dos Santos, Minister of Public Works, Urbanism and Housing, said the development of infrastructures is one aspect of boosting the growth of the national economy.
He recalled that, for many years, the state has invested directly in infrastructure, and the time has come to attract and create good conditions for the private sector to step up to the challenge. HM/QCB/TED/AMP
