Ottoniel dos Santos, who was speaking to the press at the end of the second meeting of the National Interministerial Commission for the Privatization Program (Propriv), recalled that the first phase of the program was implemented in several national and international contexts, highlighting the covid-19 pandemic.
"We were implementing the privatization program in a severe context of a pandemic in which there was no possibility of transaction and mobility even for people and yet the program was implemented", said Ottoniel dos Santos.
The official underlined that "the opportunities that are being created by the privatization program will certainly interest those who are its main recipients, the investors".
"We do not see any type of impediment or difficulty so that, in a context in which we find ourselves, in which we do not have these strong restrictions, although we can identify internal and external challenges from an economic point of view, the opportunities that are being created", he stressed.
According to Ottoniel dos Santos, the meeting essentially considered the timetable for the second phase of privatizations scheduled for 2023-2026, as well as specific elements of terminated assets and participations that the State will privatize in this period.
"We were at this meeting looking at aspects that have to do with companies that have conditions from an operational point of view to be privatized and also companies that, by their nature, (...) are still making a way for the its privatization process can begin", he said.
The Secretary of State for Finance and Treasury stressed that of the 73 companies planned for the second phase of privatizations, one has already been privatized, an industrial unit in the Luanda-Bengo Special Economic Zone, "all other processes remaining stable at the moment, one of which will end this year".
The meeting analyzed the situation of companies of national reference, namely Unitel, BFA and Sonangol, whose privatizations on the stock exchange have as an indicative date for the start of the process 2023 for the first two and 2024 for the state oil company, according to the presidential decree that extends the execution period of Propriv.
Asked about the amount that the State expects to raise with the privatization of these telecommunications, banking and oil companies, Ottoniel dos Santos replied that, as provided for in the programme, a specialized service was also hired to define the value of these assets.
"We will in fact wait for the implementation of the individual schedules of each of the assets that are part of the program so that we can define, after also identifying the percentage of the State's participation to be privatized, the expected value for this process or for the privatization of each one of the companies", he said.
According to the minister, companies in the agriculture, commerce, industry and fisheries sectors should be privatized this year, namely silos, slaughterhouses, warehouses, cold storage units and complexes.
