Angolan customs revenues total US$907 million in first half

22 August 2007

Luanda, Angola, 22 Aug – Angola’s customs services posted revenues of US$907 million in the first half of 2007, more than the US$638 million obtained in the same period of 2006, the regional director of the Luanda Customs Service, Valentim Manuel said Monday in Luanda.

Speaking at a press conference, representing the national director of the customs sector, the manager said that the customs services expected to post revenues of US$1.8 billion by the end of the year.

He also said that the customs revenues had risen every year due to reforms underway in the sector, as in 2000, when the modernization of the customs services began revenues were of just US$215 million.

From 2001 to 2006, he added, there was substantial growth in revenue, as in 2001 there was revenue of US$352 million, in 2002 this rose to US$495 million, and in 2003 to US$629 million.

In 2004, revenues totaled US$828 million, a year later Angolan customs posted revenue of US$1.28 million, while in 2006 revenues were of US$1.533 billion.

According to the director, Luanda has contributed 85 percent of annual revenues, followed by the regional delegation of Cabinda with a share of 4 percent.

Luanda’s large contribution is due to the city having the country’s only international airport and its having on of Angola’s main ports, Manuel said. (macauhub)