Luanda International Fair closes with management company considering new venue

20 July 2009

Luanda, Angola, 20 July – The 26th edition of the Luanda International Fair (Filda) closed Sunday and the fair’s organizers are already planning to start building a new venue for 2010, said the chairman of the fair’s management company, Matos Cardoso.

The manager, who was summing up Filda 2009, said that a strategy of FIL, the fair’s management company, was to work on building new facilities for the country’s biggest business fair, as the current facilities are increasingly small to house the growing number fo exhibitors.

Matos Cardoso said that the budget for building the new Filda had been included in the State budget for the 2010 financial year.

The exhibition, which this year was themed on the challenges of agri-business, had 682 exhibitors signed up, 40 of which were not actually present at the fair.

Over the six days of the exhibition 33,000 people visited the fair and organisers estimated that there was a 91 percent satisfaction rate, or 2 percentage points lower than for the 2008 fair.

This year FIL did not survey the turnover of the fair as it considered it had no reliable figures o do so, but specialists cited by Angolan news agency Angop estimated that the business deals signed at the fair totalled US$200 million. (macauhub)