Noting that the priority is to relaunch the country's tourism, the Minister of State reinforced that Angola is committed to creating favorable conditions for the internationalization of national companies, while at the same time welcoming with great interest investments and business initiatives from Mozambique.
"We therefore want to encourage our private sectors to get to know each other better, explore complementary opportunities, establish partnerships and invest in areas of mutual interest," he said, in a statement to which VerAngola had access.
For large-scale agricultural projects, the minister announced that around two million hectares of land are reserved and important investments in infrastructure to support economic and social development are being made.
To convey the dynamics of transformation that is occurring in the economy and the potential for cooperation and investment that is being generated, Lima Massano said that the Government is implementing a set of structural reforms that aim to give greater resilience to the national economy, to boost its potential for sustainable and inclusive development.
"We are diversifying the economy, without any detriment to the importance we attribute to the important oil and gas sector, which individually has the largest weight in the GDP and generates 95 percent of export revenues," he said.
But overall, he explained, the path of economic policies that have been implemented has allowed Angola to register a 4.3 percent growth in GDP in 2024, the highest level in the last 10 years.
In the same year, the non-oil sector grew by about 5 percent and the agricultural sector reached the highest level in the GDP structure. It is estimated to have been around 22 percent, representing a growth of nine percent since 2015, when the weight was just 13.7 percent.
Regarding the manufacturing industry, it was said that the food and beverage sector accounts for 45 percent, while in the GDP structure the non-mineral manufacturing sector accounts for about 8 percent.
For the Minister of State, cooperation between Angola and Mozambique must be based on an agenda of concrete results, aimed at boosting investments, stimulating trade exchanges and promoting regional value chains.
"Angola and Mozambique, as sister countries, have the responsibility to share and position their productive and business sectors to take full advantage of opportunities to create social well-being for their peoples," he reinforced.
The presence of Mozambican President Daniel Chapo at the meeting with the Angolan business class is "a living expression of the fraternal friendship, historical communion and shared vision that unites Mozambique and Angola in the purpose of building a stronger, more integrated and prosperous Africa", said José de Lima Massano.
