Industrialisation programme in Angola to be implemented through public-private partnerships

14 September 2011

Luanda, Angola, 14 Sept – The industrialisation programme underway in Angola has an ally in public-private partnerships for its strategic development, the secretary of State for Industry, Kiala Gabriel said Tuesday in Luanda.

During the pre-conference for Infrastructure Partnerships for African Development (iPAD), the secretary of State noted that the government aimed to build industrial development hubs in all of the country’s province and added that, “for the success of these areas we are counting on the participation of the private sector.”

Gabriel also said that 11 points for creation of industrial hubs in Angola had been identified, which he considered to be a business opportunity within the framework of the Public-Private Partnership law.

According to Gabriel, in these areas private companies had a guarantee from and the protection of the State to carry out their investments. The secretary of State for Industry gave the example of the Viana Industrial Development Hub, which has a Special Economic Zone (ZEE).

In relation to the role of public-private partnerships in the development of structural projects in Angola and in the Southern Africa Development Community (SADC), said they were of great relevance as the made it possible for private funding to support the growth of sectors that are crucial to the domestic and regional economies.

The city of Luanda is hosting, until Friday, the Infrastructure Partnership for African Development (iPAD) forum.

The event brings together members of the Angolan government, industry experts, regulators, investors and potential parties interested in partnerships for infrastructures in the agricultural, energy, water, transport and logistics and the mining sectors. (macauhub)