Abdijan – Angola has reserved vast areas of arable land for the large-scale cultivation of grains and cereals, the Minister of State and Economic Coordination, Massano Júnior said on Friday, in Abidjan, Cotê d’Ivoire.
Speaking at the Angola / Cotê d’ Ivoire Business Forum, organized as part of the official visit of the President of the Republic, he stressed that, at this moment, the country is seeking to attract national and foreign private investment to implement this plan.
Therefore, he said that the country is interested in promoting investment and partnerships that foster innovation, competitiveness, as well as increasing the supply of goods and services.
According to the minister, the idea is to promote the integration and expansion of national markets, optimizing resources and enhancing economic and social gains.
He stated that in the agriculture sector, the country is implementing specific programs to increase the production of coffee, cocoa and cotton, which are some of the crops developed on a large scale in Côted’Ivoire.
Therefore, he stated that there are objective conditions for the formation, in the short term, of winning partnerships between economic operators from both countries.
Côte d’Ivoire has managed to build a diversified economy, successfully integrating the agricultural and manufacturing sectors.
He recognized that Angola has an economy heavily influenced by the oil and gas sector, but is determinedly pursuing the transformation of the economic structure, promoting greater participation in the agricultural, mineral, manufacturing and services sectors, anchored in the strength of the private sector.
Along this path, it has implemented structural reforms, including the adoption of legislation that encourages private investment, in a broad program to improve the business environment in our country.
Massano Júnior also informed Ivorian businesspeople that Angola is also advanced in implementing the privatization program that involves around 100 public companies operating in the most varied sectors of the economy, from agricultural production, tourism, banking, transport and exploration of mineral resources.
In the field of public investments, he reported that the Angolan Executive has prioritized improving infrastructure to support economic activity, such as electricity, water, roads, airports, railways and logistics centers, all over the country.
In this regard, the government official highlighted the Lobito Economic Corridor, which is part of a productive and logistical region with high potential, which has attracted the interest of international investors.
He detailed that the corridor involves Catumbela Airport, the Port of Lobito, the Benguela Railway and the Caála Logistics Platform, efficiently linking the markets of Angola, the Democratic Republic of Congo and Zambia. ART/DOJ
