Angola receives investment proposals of 30 billion Dollars in seven months

Angola receives investment proposals of 30 billion Dollars in seven months

31/05/2016 source “MacauHub”

The Private Investment Technical Unit (Unidade Técnica de Investimento Privado-UTIP) of Angola received since its inception seven months ago, investment proposals valued at about 30 billion Dollars.

The announcement was made by Norberto Garcia, Director General of that entity, who recalled that the investments approved during these seven months summed an amount of 7,500 million Dollars in projects in industry, agriculture and fisheries.

The Director-General of UTIP participated in the Act of Accession of the construction company Cipro to the Community of Exporting and Internationalized Companies of Angola (Comunidade de Empresas Exportadoras e Internacionalizadas de Angola – CEEIA), where promised to boost efforts for that members of this association begin to export as soon as possible, especially for the regional market. Norberto Garcia said that “continue to import products is not the best way to build the country and that instead it should try to consolidate investments, giving credit to the Angolan brand”.

The president of CEEIA, Augustine Capaia said, on his turn, that the association’s objectives are in line with the performance of the UTIP, which brings together companies in order to promote and give credibility to Angola in international markets.