Luanda – Three hundred and 30 million 842 thousand and 166 dollars is the estimated value to be invested in the sectors of civil construction and public works, agriculture, industry and service provision, the result of five private investment contracts signed on Wednesday, in Luanda.
The agreement, signed between the Private Investment and Export Promotion Agency (AIPEX) and those responsible for private companies, covers the maintenance and commercial operation of the Multipurpose Container and General Cargo Terminal at the Port of Lobito, province of Benguela, in addition to providing for the creation of three thousand and 496 jobs, of which 3,286 for nationals and 210 for foreigners.
Of the total amount, 188 million and 311 thousand dollars, from a French investment, will be applied to the management, maintenance and commercial exploitation of the Multipurpose Container and General Cargo Terminal at the Port of Lobito, USD 47 million 182 thousand (external capital) for the “Esplendor Florestal” project, which aims to plant, exploit and transform logs into wood, in the provinces of Benguela and Huambo.
According to AIPEX, for the civil construction and public works sector, in Luanda and Lobito, 45 million 349 thousand and 166 dollars will be invested, while 30 million will go to the “Koll Mob Angola-Fábrica de Furniture” project and 20 million to the Fuanda Internacional Co project, for silicon production, in Bengo.
The signing of the aforementioned contracts was witnessed by the Minister of Transport, Ricardo D´Abreu, and the Secretaries of State for Forests and Industry, João da Cunha and Carlos Rodrigues, respectively.
By the way, the Minister of Transport, Ricardo D´Abreu, said that the concession program has already resulted in an accumulated value of 380 million dollars in concession premiums and investment obligations in the order of 1.3 billion dollars.
Specifically, he clarified, the Port of Lobito Multipurpose Terminal project has a 20-year contract, with a view to developing improvements and capabilities of the Port and the aforementioned terminal, within the scope of the Lobito Corridor extension program.
“We are pleased with the speed of this process, which guarantees investors all the rights they have under the Private Investment Law itself, giving greater confidence to other investors who want to be part of the Executive's effort to involve and engage the private sector”, he stated. .
According to the minister, there are currently several actions underway, within the scope of the Concessions Program, with the concession of the new Dr. António Agostinho Neto International Airport being concluded, with the opening of proposals held recently.
He recalled that there is a program to launch the tender for the concession of the Southern Corridor, which comprises the mineral terminals of Porto do Namibe and the Moçâmedes Railway.
He pointed out the concession program, in the coming months, for the Caio Deep Water Terminal project, which will be ready next year, as well as the Barra do Dande Free Trade Zone project as infrastructures that are boosting private investment in Angola.
In turn, the general director of e Africa Global Logística (AGL), Jean-Yves Luneau, the company that signed the contract for the Porto do Lobito Multipurpose Terminal project, expressed his satisfaction with the memorandum, highlighting that it is an important step for the company and the country.
He recalled that the project began in March this year, with an official inauguration, ensuring that the company will continue to develop activities in Angola.
Luís Faria, from the company Casais Angola Engenharia e Construção, which also initialed the agreement for the civil construction and public works project, highlighted that the act represents fundamental support for the continued investment in the Angolan market.
For the investor, this is a reinvestment project that other companies in the group have had, through the Private Investment Law.
AIPEX's mission is to promote and attract private investments from internal and external sources, with the aim of contributing to the country's socioeconomic development, as well as promoting the increase and diversification of the country's exports of products and services. ASS/QCB/DOJ
