Luanda – The Barra do Dande-Bengo Free Zone will enhance the sustainable economic growth and attract more investment, stressed Tuesday, in Luanda, the director for development and business of the institution, Roque Saraiva.
The manager expressed this idea during the meeting on “E.U Train Programme for Trade”, which served to analyse opportunities, strategies and practical measures to mobilise institutional investment to develop infrastructures in Angola.
According to Roque Saraiva, the Free Trade Zone will increase the sustainable development of the country and it will reduce the difficulties linked to the lack of local mobility.
The Chairman of the Board of the Sovereign Fund, Carlos Alberto, also agreed with this opinion and at the time, highlighted that such factors make it possible to boost investment by promoting job creation, increase production and productivity, which are key factors for the country's autonomy and competitiveness.
According to the manager, despite the potential that Angola represents, the weaknesses of infrastructure systems, particularly in transport, have set a delaying point in social and economic development.
Therefore, Carlos Alberto highlighted that the increase of the economic productivity and competitiveness will only be possible through joint action between the state and the private sector, in order to efficiently direct the investments towards solving structural problems.
The official added that these issues include limited capacity of the State to finance infrastructures related to the needs of the economy and this is where the interventionist role of the national and foreign private sector can and must be decisive.
To the official, the current Angolan legislative and regulatory framework for the infrastructures sector reserve a set of rights for the State, which, when viewed from another perspective, are actually obligations.
The conclusion is due to the fact that, he explained, it is less likely the entry of private players into the creation and implementation of structuring solutions for this sector, which effectively contribute to the development of infrastructures and, consequently, of the economy.
