Cabe Verde’s prime minister proposes a network of entities to facilitate investment

28 July 2009

Cidade da Praia, Cape Verde, 28 July – Cape Verde’s prime minister proposed Monday the creation of a network of entities to reduce the waiting time for the resolution of companies’ problems and make it easier to invest in Cape Verde, according to Inforpress.

José Maria Neves said that a network including the General Directorates for Tax and Contributions (DGCI), Environment, Registry and Notaries and State Property should be created so that procedures relating to investments can be rapidly processed, reducing waiting time and facilitating investment in Cape Verde.

Cape Verde’s prime minister, after a meeting with the new board of directors of the Cape Verde Investment Agency (ACI), said that this entity should position itself as a “partner for companies”, able to monitor the progress of investments and support companies in resolving difficulties.

“ACI has a fundamental role, which includes promoting the necessary partnerships and supporting companies in the resolution of problems,” he said.

“Today more than ever we need to have a Cape Verde brand so we can be identified in the international arena, to attract more investment to Cape Verde and create the conditions for the ACI to function effectively as a unique hub and as a partner for companies in the promotion of investments,” he added. (macauhub)