Angola’s ANIP signs another 11 private investment contracts

4 December 2013

Angola’s National Agency for Private Investment (ANIP) Tuesday in Luanda signed 11 contracts with Angolan and foreign investors worth US$71.7 million, according to Angolan news agency Angop.

The president of ANIP, Maria Luísa Abrantes, said that signing these contracts demonstrated that Angola remained an attractive country for private investors, both from abroad and Angola itself.

Maria Luísa Abrantes noted that the government’s target was by 2017 to sign, through ANIP, investment contracts worth a total of US$4 billion and announced that this year’s target had already been exceeded.

The president of ANIP said Luanda remained the focus of investment as it was the province with the largest number of consumers and infrastructure. (macauhub)