Chairman of Angolan Industrial Association calls for local partnerships to be requirement to operate in Angola

15 June 2012

The chairman of the Angolan Industrial Association (AIA), José Severino said Thursday in Luanda that cooperation between Angola and China, although excellent on a State level, should involve companies from both countries.

Speaking to Angolan news agency Angop on the performance of Chinese companies in Angola, Severino said that it had been quite positive, but that there was a need to handpick the companies that operate in Angola and make them operate as a partnership, in every area, with their Angolan counterparts.

“China is currently Angola’s biggest economic partner in terms of investments, particularly in infrastructure, and we have to be increasingly good at the art of managing a company,” he noted adding, however, that Chinese companies in Angola were currently focused on partnerships with the state sector.

In this respect he noted the construction sector, as it is the sector in which Chinese companies mostly operate in an isolated way, despite including “the occasional Angolan citizen.”

What ahs to happen, he said, is that whoever invests in Angola should be obliged to set up partnerships with Angolan companies and the government has to have the ability to negotiate and carefully select companies, “from whichever country.” (macauhub)