"The Negotiation Commission responsible for conducting the privatization process of 13 industrial units integrated in the Luanda-Bengo EEZ has completed the 1st phase of analysis of the technical and financial proposals submitted by investors, having approved four", can be read in a statement, published on the official website of the Institute for Management of Assets and State Participation (IGAPE).
The Mangotal plant (metal tower industry) and Galvanang (hot galvanization industry) were acquired by Anglobal (Commerce, Industry and Services). The proposal for the first plant was 6 607 816 020.00 kwanzas, while for Galvanang the value was 1 885 414 410.00 kwanzas.
The proposal for the Vedatela plant (wire fencing industry) was also approved. The winning proposal, worth 4 500 000 000.00 kwanzas, concerns Ferpinta - Angola.
Finally, the proposal of Angolallbox, in the amount of 1 022 548 478,23 Kwanzas, for the acquisition of Induplast (plastic bag industry) was also approved.
The proposals of the remaining nine factories are still under analysis: "The negotiation process for the proposals of 9 units, whose competing investors were invited to adjust their bids to the value range defined by IGAPE," indicates the note.
IGAPE explains that "the objective is to select investors with the capacity to operate the industrial units, generating employment and products and services for the economy, as well as ensuring that the price paid for the units complies with the public interest".
The list of factories still to be sold includes Indupackage, Betonar, Inducarpin, Indutive, Pipeline, Telhafal, Transplas, Absor and Saciango.
The state plans to raise more than 100 billion kwanzas by the end of this year, with the privatization of 51 assets.
