Angola: Government plans to support biofuels production

23 July 2008

Luanda, Angola, 23 July – Prime Minister Fernando da Piedade dos Santos said Tuesday that the Angolan government intends to promote and develop agricultural production, attract investment to rural areas and support sensible allocation of land for biofuels projects.

Speaking at a biofuels conference, Angola’s prime minister said his government wants to reestablish or create populated areas, pledging access to rural communities, boosted production, marketing and exporting of sugar cane derivatives and oil-producing plants, particularly biofuels and sugar, without affecting food production.

Angola’s government chief also explained that laws exist to encourage these activities, namely tax and customs incentives to private investment. Other incentives could be approved to encourage and promote agro-industrial projects, he added.

State news agency Angop reported that Angola’s prime minister also said his executive’s actions are aimed to counter predictions by the International Energy Agency for a progressive reduction of fossil fuel reserves in the coming years, coupled with increasing greenhouse gas emissions among other scenarios. (macauhub)