This information came from a meeting between the Minister of Planning, Victor Hugo Guilherme, and a delegation from the IFC, headed by the regional director, Cláudia Conceição.
"The World Bank, through the International Finance Corporation, plans to invest around 200 million dollars in Angola, as part of efforts to accelerate the implementation of Public-Private Partnerships (PPP) and boost strategic sectors such as Health, Transport and Energy", reads a statement from the Ministry of Planning, to which VerAngola had access.
According to the ministry, one of the projects that will benefit from this investment is related to a terminal in the Port of Luanda.
"A notable project that will benefit from this investment is the reinforcement of an existing terminal in the Port of Luanda, budgeted at approximately 260 million dollars, which has already received initial approval and is awaiting the signature of the mandate", says the statement.
On the occasion, the head of the Planning department emphasized that there is an "institutional support component integrated into the World Bank's Diversifica Mais project", which aims to create a "unit dedicated to PPPs within or outside the Ministry of Planning".
Meanwhile, the IFC's regional director, Cláudia Conceição, said that the international institution and the Angolan government "are making significant progress in implementing their Public-Private Partnerships (PPP) agenda, with a focus on institutional strengthening and structuring viable projects".
"One of the main advances is the reorientation of the IFC's approach to PPPs. Previously focused on transactions, the institution is now giving greater attention to technical support and training governments in structuring PPP departments", the statement says.
"Governments have been asking for social assistance services to help them set up and structure PPP departments", said the official, who also highlighted the "importance of governments themselves having the ability to identify what constitutes a PPP".
"In the health sector, there is progress, with projects being evaluated to be structured as PPPs. However, the nature and exact number of hospitals involved are still under evaluation," the note reveals.
In addition to the health sector, the Executive is also "preparing initiatives in the transport and energy sectors."
As for the energy sector, the minister highlighted that, "despite legal advances, the challenge of subsidized tariffs remains, which still hinder the full participation of the private sector."
In relation to transport, "although transport is also being analyzed, the creation of a working group to identify pilot projects has not yet progressed."
"Both parties emphasized the continued importance of strengthening national technical capacity and collaboration to ensure the success of PPPs and attract more private investment to the country's strategic sectors," the statement also says.
