Angolan Industry Ministry helps companies obtain foreign currency

12 August 2016

The Angolan Ministry of Industry has been helping the country’s industrial companies overcome difficulties in the import of raw materials due to a shortage of foreign currency, Minister Bernarda Martins said on Thursday in Luanda.

Martins explained that her ministry has been working with state institutions to resolve the situation and that “industrial companies are being supported so they can have foreign currency available for raw material imports,” reports Angop news agency.

After touring the Viana Industrial Park with Mozambican Industry and Trade Minister Ernesto Tondela, Martins said the visit was meant to show the result of ongoing work to create conditions enabling industrial units to become more competitive.

At Viana the two ministers visited the factories of Nampak Bevcan Angola (production of cans for beverages), Xuntong Internacional (metal infrastructure construction) and Acail Angola (industrial gases and welding). (Macauhub/AO/MZ)