António Henriques da Silva was speaking at the opening of the EU-Angola Business Forum, which takes place in the Belgian capital.
Since 2018, 11 European Union countries (Belgium, France, Germany and Portugal) have registered projects in AIPEX, above US$10 million, said the head of AIPEX.
The chairman of the administration highlighted the positive impact of the Single Investment Window, AIPEX's platform that allows investors to register their projects and allows remote access to public administration services, among other conditions that have been created to improve the country's attractiveness.
Tax policies that favor competitiveness, an upward trajectory in infrastructure, an increase in Angola's participation in international agreements focused on the resolution of disputes with investors, privatization programs and support for economic diversification, the fight against corruption and impunity were some of the factors associated with the improvement of the country's business environment.
The European Union (EU) ambassador to Angola, Jeannette Seppen, stressed that this first Business Forum, which brings together 800 participants, including a high-level Angolan delegation and 20 top executives from the main European companies, signals confidence in the reforms undertaken in Angola.
With Angola expected to emerge, in 2022, from a six-year recessive cycle and with the price of oil on the rise, "there will be more funds to reduce the debt substantially, for investment in infrastructure, for social spending on health and education", he stressed. the European official, hoping that the executive does not reduce the reformist commitment that continues to take steps towards the "necessary" diversification of the economy.
"May the increase in revenues be a powerful lever to support and accelerate the structural change of the Angolan economy. May we all be able to learn from the mistakes of the past", she exhorted.
The event is part of the Global Gateway initiative, a strategy that was discussed and deepened at the recent African Union-European Union summit, and which aims to mobilize investments in infrastructure development around the world.
Between 2021 and 2027, Team Europe, i.e. the institutions of the European Union and its Member States together will mobilize up to €300 billion of investment in areas such as digitalisation, climate and energy, transport, health, education and search.
