Luanda, Angola, 11 June – This year’s Luanda International Fair (FILDA 2007) will unite only 550 representatives, down 100 from last year, but the quality of firms present at the event will be improved, according to its organizer.

Matos Cardoso said Friday that bids to occupy the fair’s 30,000 square meters of exhibition space, a quarter bigger than last year, were almost finalized with only 30 days to go before the event starts.

FILDA’s director also said Angolan government has decided to give priority to overseas participants at the upcoming trade fair as part of its strategy to attract foreign investment to the process of post-war reconstruction.

The Luanda International Fair runs from July 10-15 and sees the return of companies from France, Italy and China – absent from the event since 2005.

Traditional exhibitors like Portugal , Spain and Germany are increasing their presence at the show, which runs this year under the banner “Bet on a modern financial system as a spur to development.” (macauhub)