Luanda - The privatization of the Airports Management Company (SGA) has been scheduled for the final quarter of this year, the CEO of the Institute for Asset Management and State Participation (IGAPE), Patrício Vilar said Wednesday.
Vilar said that previous actions relating to the accounts and profitability strategy for each of the airports should be in place before the tender.
The IGAPE CEO underlined that “rather than raising funds, it is important to make the companies viable, when they are already burdened with some liabilities, thus ensuring the recovery and viability of the institution.
Vilar noted that the biggest challenge in the privatisation process is to enlist the technological partner for the airports management, which can help to consolidate the strategy for the development of the institutions.
According to Patrício Vilar, the expectation towards the SGA privatization is not to raise money, but that in the future there will be airport activities in Angola that make it possible to maintain the recognition already achieved internationally.
Mário Domingues, CEO of the SJA, said the privatisation of the company would help to improve the performance of its staff, making it possible to acquire more knowledge about such activity.
Mario Domingues said that last year Luanda’s 4 de Fevereiro International Airport received some recognition by the International Civil Aviation Organization (ICAO), as it met the conditions for operating international flights, within the norms of the manuals of that world body.
In terms of the company's financial situation, Domingues explained that the SJA has been resorting to bank loans to certify airports, having defended the creation of its own management fund.
SGA is a public limited company with the status of a public domain company, which is entitled to operate a public civil aviation airport service, embodied in the establishment, management and development of airport infrastructures that may be handed over by the government.
