Ver Angola

Trade

Angolan businessmen from the Special Economic Zone with facilities to export to Dubai

Angolan businessmen installed in the Special Economic Zone (ZEE-EP) Luanda Bengo will facilitate the export of their products to Dubai for a year, the Angolan authorities announced this Thursday.

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According to a note from ZEE Luanda Bengo, the facilitation stems from a memorandum of understanding and cooperation signed this Thursday, in Dubai, between ZEE Luanda Bengo and the Dubai Integrated Economic Zones Authority (Diez).

ZEE Luanda Bengo classifies the signing of the said memorandum "as a result of its strategy of internationalization and consolidation as an engine of Angola's economic diversification, through the increase of national production and opening of this production to the global market through exports of products Made in Angola".

The document emphasizes that with this memorandum, the ZEE intends to reinforce the value proposal, at national and regional level, especially at the level of the Southern African Development Community (SADC), making the ZEE one of the most competitive areas in the region, in terms of regarding the offer of complementary services and penetration in new markets for established companies.

With this memorandum, the ZEE EP will have several benefits, including the creation of a platform that will serve as a bridge to connect the companies installed in the ZEE and the more than 5000 companies installed and registered in the free zones protected by the DIEZ.

Among the benefits, there is also the creation of a digital catalog of importers and exporters by sector of the two entities, with a view to inserting products made in Angola and specifically in the ZEE in the largest international e-commerce centers through Dubai CommerCity Program, also providing for the creation of a dynamic exchange and visit program for training and exchange of experience between ZEE and DIEZ staff.

"The agreement also aims to support the facilitation of access to a set of financing services offered by financial institutions in the United Arab Emirates that are specialized in making transactions for the purchase and sale of goods and services in exporting countries feasible, that is, the focus is to guarantee financing for operations that encourage international trade between exporters and importers", refers in the note.

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