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State moves ahead with privatisation of four hotels

The state will privatize four hotel units associated with Infotur. Those interested in acquiring one of the assets 'at stake' will be able to attend the market listening session, which will take place on May 28 from 10am.

: Hotel Infotur Namibe
Hotel Infotur Namibe  

"The Institute for the Management of State Assets and Shareholdings (IGAPE) invites interested investors to participate in a listening session to the market on 28 May 2020, starting at 10 a.m.", can be read in the statement published on IGAPE's website.

The session will be conducted online via the zoom platform. Those interested in participating will have to register - you can do so here. The session will be led by IGAPE's Executive Director, Akiules Neto.

According to IGAPE, the State will privatize Hotel Infotur Benguela, Hotel Infotur Cabinda, Hotel Infotur Huíla and Hotel Infotur Namibe.

The Benguela hotel is, of the four hotel units, the only one not in operation. It has three stars and consists of 132 rooms.

The hotel in Huíla was inaugurated in 2017 and, like the Benguela hotel, also has three stars and the same number of rooms. The difference is that it is still in operation. The hotel in Cabinda has the same opening date and the same characteristics as Huíla.

Finally, the Namibe hotel unit was inaugurated in 2013 and is still in operation. It consists of 126 rooms and also has three stars.

IGAPE has also opened other tenders for the sale of state assets: the privatisation process of textile plants, the second phase of the tender for the sale of 12 agro-industrial enterprises, the privatisation of 13 industrial plants and the hiring of a financial intermediary for the privatisation process of the Banco de Comércio e Indústria (BCI).

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