According to Angop, the announcement of the second stage took place this Thursday during the celebrations of the fifth anniversary of the American Chamber of Commerce in Angola (AmChmam), in an event attended by the Minister of Transport, the Secretary of State for Finance and Treasury, among other figures from both the Government of Angola and the United States of America (USA).
It should be noted that the first phase of the project – budgeted at 1.1 billion dollars – was inaugurated last month. This first stage covered two power stations located in Benguela, more specifically in Biópio and Baía Farta, which have an installed capacity of 285 megawatts.
On the occasion, Pedro Godinho, chairman of the board of the chamber of commerce, spoke about the role played by the chamber. The official considered that the body assumes the role of a lawyer for the instrumentalization of American companies on Angolan soil.
Cited by Angop, he also admitted that AmChmam has strengthened relations between investors and taxation entities to attract investment from the US, adding that since its creation the chamber has been promoting commercial, economic, academic and cultural relations, by performing a intermediary role with government organizations, he said.
In turn, Tulinabo Mushingi, the US ambassador to Angola, also quoted by Angop, considered that the relations between both countries are the basis for encouraging investment in Angola and also left the guarantee that the US Executive will continue to support the reforms in the political and economic field aimed at promoting the well-being of the population. He also took the opportunity to draw attention to the need for more competitive opening in the market, as well as improving the work environment for attracting American investments, writes Angop.
Thus, he informed that there are currently more than a dozen American companies interested in investing in the country. Of the total of 15 interested companies, six are already doing business on Angolan soil, but others are still waiting to be processed.
Ricardo Abreu, Transport Minister, classified the chamber as the way to stimulate investment in Angola. Also quoted by Angop, he also said that Angola needs to continue with its organization to capture part of the 200 billion dollars donated by the US president to support companies in the American country that invest in the African continent.