Private companies will be able to set up industrial development hubs in Angola

7 April 2011

Luanda, Angola, 7 April – The Angolan Economy minister, Abraão Gourgel said Tuesday in Luanda that creation of private industrial development hubs were expected to be created as part of the industrialisation programme underway in the country.

According to the minister, who was speaking at the presentation of the Business Promotion Programme, creation of the private industrial hubs, which is still being studied, will have to have infrastructures such as power grids water and roads, similarly to the public-private hubs.

These facilities will be complemented with telecommunications services and will be set up in strategic areas, with tradition and access to raw materials and a consumer market, he said, cited by Angolan news agency Angop.

In relation to industrial hubs that have already been set up, he said that they had usage levels of local resources and that mainly they imported the products they needed.

“Industrial concentration has the advantage of the economy of resources in providing facilities to a given area instead of providing them in a dispersed manner and is important for urban organisation of the territory and environmental protection of residential areas,” the minister noted.

Eight industrial development hubs have been set up in the country specifically in Viana and Bom Jesus, in the Luanda-Bengo axis, Fútila and Soyo (Cabinda-Zaire), Matala and Tômbwa (Huíla-Namibe) and Catumbela and Caála (Benguela-Huambo).

New industrial hubs are due to be created in Kunje (Bié province), Mucoso (Kwanza Norte), Negage/Samza Pombo (Uíge), Catoca (Lunda Sul) and Cassinga (Huíla). (macauhub)