New board of ANIP in Angola to increase inspection of investment projects

7 November 2011

Luanda, Angola, 7 Nov – The new board of the National Private Investment Agency (ANIP) in Angola plans to increase inspection of investment projects agreed with the agency, the new president Maria Luísa Abrantes said in Luanda.

Speaking after the inaugural ceremony, Abrantes, who was the ANIP representative in the united States, said that the sector linked to supervising ANIP’s projects had been “somewhat abandoned,” due to a lack of qualified technical staff.

The new president gave assurances that, by inspecting the projects, checks could be made to ensure that foreign investors were employing Angolan workers and replacing foreign staff, amongst other benefits to the Angolan state.

According to Angolan news agency Angop, Abrantes also said that a further focus of the new Board of Directors was to attract more foreign investment by promoting the economic potential of the country throughout its provinces, and noted the need for investors to meet all the requirements stipulated in the Private Investment Law.

The new ANIP board also has as its directors Luís Domingos and Edeltrudes Gaspar da Costa, who were instated on the same occasion. (macauhub)

MACAUHUB FRENCH