Brazil absent from the 2018 Luanda International Fair

Brazil is the main absentee of the 34th edition of the Luanda International Fair (Filda/2018), taking place on Tuesday, in the Luanda/Bengo Special Economic Zone, while Portugal, with 25 exhibitors, has the largest foreign contingent, the national director for the Economy, Competitiveness and Innovation of the Ministry of Economy and Planning said on Monday.

Marcelino Pinto, quoted by the Angop news agency, also said that this edition has as new countries Russia and Ghana, with one company each, with the Russian from the mining sector and the Ghanaian company from the industrial sector.

Without explaining Brazil’s absence, Pinto confirmed the participation of 372 exhibitors and noted that of this total 69% are Angolan companies.

Alongside Angola, the host country, the following countries will participate in the exhibition in an area of almost 3 hectares: South Africa, Spain, Ghana, Holland, India, Italy, Portugal, United Kingdom, Russia, Sweden, Turkey, Uruguay, Japan and Mozambique.

This year’s exhibition, “Diversifying the economy, developing the private sector,” has been considered as one of the main gateways for foreign direct investment (FDI) in Angola, as well as one of the main drivers of national production.

The 33rd edition of Filda was held in Luanda Bay in 2017 in an area of 16,000 square meters, with more than 255 exhibitors, due to the fact that the usual venue for the fair, located in the municipality of Cazenga, was in a poor state of repair. (macauhub)