The intention is contained in a document that evokes the 44 years of the Ministry of Transport (Mintrans) and outlines a current diagnosis of the sector and the prospects for development in the short term (until 2022) and in the future.
"Mintrans intends to develop a sustainable approach, through a greater involvement of the private sector and specific and complementary instruments that can frame the projects to be developed", including the use of concessions, public-private partnerships (PPP) and privatizations of some companies.
The objective is also to create an Investment Fund for the Transport sector (Fita), which Mintrans considers a "crucial tool to ensure the continuous investment capacity of the sector".
The document notes that "all possible mechanisms need to be explored" to reduce the gap in the country's infrastructure investment and financing needs, which according to recent studies reach at least two billion dollars annually for the coming years.
Currently, the transportation sector contributes 3 percent to the Gross Domestic Product (GDP), but Mintrans estimates it has the potential to reach between 5 percent and 10 percent within two years.
In terms of employment, the sector provides a total of 40,000 formal jobs and more than 500,000 informal jobs, and it is estimated that by 2022 up to 500,000 jobs will be formalised.
In a meeting with journalists on Monday, the Minister of Transport, Ricardo Viegas d' Abreu, addressed the privatizations planned for the coming years, including the airline TAAG, in 2022, the model of concessions in rail transport and PPPs, including that of the Luanda surface metro, which should be formalized by the end of this year.
