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Trade

Minister of Commerce says Angola is a destination for investment in the agribusiness sector

Angola is beginning to be seen by the African Development Bank (ADB) as an investment destination, particularly in terms of agribusiness, thus demonstrating that “something good is being done in economic diplomacy”, said Victor Fernandes.

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The minister of Commerce was speaking during the CaféCIPRA initiative, held on Friday with the theme "Economic diplomacy: balance and prospects".

Victor Fernandes said that businessmen should pressure the Government to support them in establishing partnerships with international businessmen, as well as resolving bureaucratic issues that make it difficult to carry out business activities.

The minister also highlighted the cooperative advantages that exist in the country, as a major factor for economic diplomacy.

From the point of view of the government official, it is necessary to look at these advantages and use them to attract the financial and other forces that come to the country to help develop the national economy.

"This is what we do both in terms of participation in international organizations and in attracting private and state entities, mainly", he said.

Victor Fernandes said that Angola has water, land, a young population and enough political stability to attract investment. "When we say that we are carrying out economic diplomacy, we are selling the country's image abroad, we are saying to those who receive us that it is worth coming to Angola and investing in it, because we are in a position to receive them," he added.

In the context of privatizations, the Minister of Trade and Industry highlighted the Privatization Program (PROPRIV) as one of the example programs of transparency.

"Nowadays, even to privatize a store, there is already a public and often international tender", he said, considering a procedure that fits in the best world practices.

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