Luanda - Seventeen private investment projects, valued at around 76.4 million dollars were implemented in 2023, according to the Agency for Private Investment and Export Promotion of Angola (AIPEX).
These are nine projects in the manufacturing industry sector, four in the field of service provision, one each in the fishing, education, civil construction and agriculture sectors.
Its implementation, mostly in Luanda, created 195 direct jobs, of which 183 for national citizens and 12 expatriates, according to data presented this Thursday to the press by the head of the Department of Studies, Investment Monitoring and AIPEX International Business, Keve Guimarães.
He clarified that the 17 completed projects resulted from 149 investment intentions registered by this agency, with a volume of three billion 189 million 511 thousand 58 dollars and 71 cents.
From this perspective, and according to the institution's annual report, this value represents a significant increase compared to previous years, reflecting investors' growing confidence in the country's economic potential.
“Investment intentions are recorded, then the said intentions are monitored, which have an average completion period of one and a half years until the project is completed”, he explained, adding that larger projects (industrial with some specificity) have a longer term.
In the other part of the press conference, Keve Guimarães spoke about the investment intentions registered in the first four months of this year, having mentioned that, from January to April 2024, AIPEX received 31 investment intentions, totaling USD 848 million.
After registering investment intentions, the aforementioned intentions are monitored, which have an average period of one and a half years until the project is completed, with large industrial projects, with some specificity, having a longer period.
According to the technician, these intentions are projected to create more than five thousand new jobs, of which 90% for nationals and 10% for expatriates, with emphasis on the industry sector, with around 600 billion dollars. .
Industrial projects include manufacturing, food processing and mining areas.
In the period in question, agriculture, with a focus on food security and economic diversification, received investment plans of around 193 billion dollars.
Agricultural projects include the modernization of cultivation techniques, the introduction of advanced technologies and the expansion of cultivated areas.
The construction sector intended to invest around 27 billion dollars.
Investments in civil construction reflect the ongoing need for infrastructure development, including housing, roads and other public infrastructure essential to support economic growth and improve citizens' quality of life.
These projects range from the construction of new infrastructure to the modernization and maintenance of existing ones. OPF/VC/DOJ
