Ver Angola


State begins this month process of privatization of 13 plants

A total of 13 plants are beginning to be sold this month in the second phase of the privatisation process, which the government began in 2019 and from which it has raised 16 million dollars.


According to the executive director of the Institute of Asset and Shareholding Management (IGAPE), Akiules Neto, there are 13 plants: Indupackage, Betonar, Inducarpin, Induplas, Indutive, Mangotal, Pipelaine, Telhafal, Transplas, Veatela, Absor and Saciango. According to Angop, the companies are located in the Luanda/Bengo Economic Zone, and of the 13 only two are inoperative - Saciango and Absor.

Akiules Neto, who was speaking on the sidelines of a meeting held last Thursday with domestic and foreign entrepreneurs for information on the conditions of participation, environmental impact study, forms of payment, among other things, said that the second phase of the privatization process could extend until April this year.

The responsible, cited by the Angop agency, said that those interested were asked to safeguard the existing workforce, since many workers have high experience.

The companies in question are part of a group of 195 assets owned or participated by the State and which they intend to sell by 2022, as part of their Privatization Program (Propriv).

The companies listed for privatisation have production in the areas of metal packaging, concrete, carpentry, plastic bags, paints and varnishes, metal towers, PVC pipes, metal tiles, PVC fittings, fencing, absorbents and cement bags.

In 2019, the state raised 16 million dollars by privatizing five factories, which had cost about 30 million dollars.

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