The cost of raw material, the access roads, the inefficient electricity supply, water supply and skilled labor are the reasons pointed out by the responsible to justify the low competitiveness in the country.
Cited by Angop, the official admitted that "businessmen cannot have low costs, if they don't have low inputs and also little raw material at low costs".
Despite recognizing the efforts of the Government in wanting to improve the current panorama, Vicente Soares considered that "much remains to be done".
"Energy has been improving a lot, but it still doesn't cover the demand, and water is still a head breaker," he said.
Speaking about "The Competitiveness of Angolan Companies" in a seminar, the president of CCIA said that tax and administrative restructuring and the Simplifica 1.0 program may help improve competitiveness, however, it will still take time before we see results.
He also took the opportunity to ask that national companies prepare themselves for future challenges, highlighting the agreements related to ZCLA and SADC.
In his opinion it is necessary to "improve competitiveness and face the Free Trade Area, which its implementation depends on the private sector".
He also took the opportunity to affirm that for a company to become competitive, at an international level, it is necessary to increase its market share and enhance its profit.
