Ver Angola


The country will import 210 thousand tons of sugar by the end of the year in order to stabilize the price

Evaristo Baptista, national director of Industry, announced that the country will import a total of 210 thousand tons of white crystal sugar by the end of the year, aiming to stabilize the domestic consumption market, as well as encourage a significant decrease in price.


According to the national director of Industry, in February, more than ten operators were identified by the Ministry of Industry and Commerce, three of which were already licensed, to import 60 tons of sugar, through a public tender "reverse auction".

The person responsible, speaking to Angop, said that of the aforementioned volume of tonnes, since March, 15 thousand tonnes had been distributed, which had an impact of around 3.53 percent on the reduction in the final price of sugar so far, and added that the another 45 thousand tons are scheduled to arrive in the country starting next month.

Furthermore, he said that procedures are taking place to license other operators selected for the process that aims to import the conjectured 210 thousand tons by the end of this year.

According to the official, the country's annual consumption needs are between 210 and 244 thousand tons, with domestic production standing at approximately 100 thousand tons, which corresponds to 44 percent of domestic consumption.

Regarding regularity in distribution, as well as the country's production levels, the person responsible pointed out that the objective is to encourage the production of sugar cane, aiming to achieve self-sufficiency of this product by 2027, writes Angop.

In this sense and within the framework of a program determined by the Government, he said that 10 thousand hectares of land had been identified in Malanje for the planting of sugar cane, aiming to significantly increase the country's production share.

Thus, he informed that, by next year, a production plant will be implemented with entirely national raw material, which will be capable of refining 3000 tons per day, the investment of which is private, writes Angop.

On the occasion, he also indicated that producers have the possibility of using the Credit Guarantee Fund to finance sugarcane production.


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