Portuguese ambassador to Angola highlights Portuguese business sector’s efforts in the market

28 July 2006

Luanda, Angola, 28 July – The Portuguese ambassador to Angola, Francisco Xavier Esteves, said Thursday in Luanda the efforts made by the Portuguese business sector, highlighting the contribution to the “development” of cooperation and partnership between Portugal and Angola.

The Portuguese diplomat, who was speaking at the Luanda International Fair (FILDA) said that “Portuguese investments continue to flow to Angola not only in traditional sectorsm, but also in more sophistaicated areas.”

Deputy minister to the prime minister, Aguinaldo Jaime, said that growth of Portuguese-Angolan partnerships had had “considerable” growth.

“These partnerships may make a big contribution to the reconstruction of Angola, which is so necessary to complete the framework of macroeconomic stability,” said Jaime.

The Portuguese Pavilion at FILDA, which covers an area of 3,000 square meters has 117 exhibitors from the construction and public works materials and equipment sectors, consultancy, services and professional training.

Other sectors represented in the pavilion include electrical equipment, electronic and industrial equipment, the pharmaceutical industry and hospital equipment, food products and drinks, publishers, clothing and accessories, furniture and decoration, transport and travel agencies.

Around 40 percent of the Portuguese companies are taking part in the Luanda fair for the first time.

Angola has been the 9th biggest importer of Portuguese products since 2000, with 2.61 percent of all Portuguese exports to the world in 2005.
More than half of Portuguese exports to Angola are made up of machines and apparatus, food and drinks products, vehicles and other transport materials, chemicals and base metals, civil engineering, electrical and industrial sector products. (macauhub)