Angola’s investment in IT totals US$270 million over next five years

29 November 2006

Luanda, Angola, 29 Nov – The Information Technology Forum, which begins Wednesday in Luanda, aims to create opportunities for setting up partnerships to take advantage of state investment in IT over the next five years, officials have said.

“We believed it was necessary to promote a forum that brought together national and international companies to identify partnerships to make use of all the investment expected over the next few years,” said Pedro Teta, Angola’s deputy Science and Technology Minister, speaking to Portuguese news agency Lusa.

Teta said that the government had earmarked an investment of US$270 million for the period between 2007 and 2011 to promote the country’s modernization in terms of information technology.

Forum Angola IT 2006, which will run until Friday at the Talatona Convention Center on the outskirts of Luanda, will allow the government to present its projects and initiatives, but will also be an opportunity for companies and the Angolan public administration to update themselves in terms of the most recent developments in IT.

It will also provide foreign companies with an opportunity to find out more about the reality of the Angolan market.

In order to reach the targets set, the event’s organizers have focused mainly on Portuguese-speaking countries, particularly Portugal and Brazil, but there will also be specialist companies from other countries, such as South Africa, France the USA and Switzerland, as well as representatives of large brands in the sector, including Microsoft.

“All of those that we invited will be present,” said Teta, saying he was convinced that the forum, organized by the National Information Technology Commission, with the support of the Angolan government, would be a success.

According to the deputy minister, there will be a panel especially dedicated to applying IT to the oil sector.

“Oil is Angola’s big industry, but it is an area in which often Angolan companies are not able to participate, “ said Teta, adding that with the funding the government aimed to “encourage Angolan companies, in partnership with foreign companies, to enter a sector which is fundamental to the Angolan economy.”

The event, which will be held in a 2,000 square meter area, will present some of the most recent advances developed by the sector’s main multinational companies. (macauhub)