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Transports

Nearly 98,000 jobs at risk in the transport sector

Nearly 98 thousand workers in the public and private transport sector are expected to lose their jobs due to the impact of the new coronavirus, mostly from the road sub-sector, estimated the Ministry of Transport.

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The preliminary estimate on the loss of income and jobs in the sector, consulted by Lusa, is expressed in a study on the "Economic Impact of Covid-19 and Opportunities for Transformation", prepared by the Ministry of Transport.

According to the document, the state business sector represents 7 percent of jobs, the formal private sector 37 percent and the remaining 56 percent represent the informal sector, so the road sub-sector "will suffer the greatest impact in absolute terms".

For the ministerial body that oversees transport in Angola, despite the scenario that presents itself for the road sub-sector, "the structural impact and the relative reduction should be more significant in the civil aviation sub-sector".

The study points out that the civil aviation sub-sector has 5542 workers from the public and private business sector registered with social security, and from that universe it estimates a potential loss of 3048 jobs.

At the level of the maritime and port subsector, 3217 workers are registered in the social security system, with an estimated 3782 workers operating there and the loss of 2082 jobs.

According to the study, 3766 employees and 2071 jobs are expected to be lost in the railway sector while the covid-19 pandemic lasts.

At the level of the public and private road sub-sector, in a universe of 164,040, 65,616 are registered with social security and at least 90,222 jobs must be lost.

The public transport business sector, according to the ministry, has 13,178, namely 3350 in the TAAG area carrier, 1196 in the Airport Management Company (SGA), 2417 in port companies and in the railways, 3766 employees are registered.

The road transport company TCUL has 1736 workers and Unicargas has 713.

Among the mitigation measures of the recently approved state of emergency, the Ministry of Transport advocates the creation of an Investment Fund for Infrastructure Development based on "revenue from monetization of structural assets and premiums from exploration concession contracts" .

The ministerial department estimated, on Monday, that the sector is experiencing revenue losses of up to $ 1,000 million due to covid-19, and that companies need more than $ 200 million for treasury.

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