Regardless of the reduction in the weight of oil in the country's economy, the level of exports remains virtually unchanged, said the minister, considering that this scenario has negatively affected the national economy, especially when there are considerable drops in price of oil.
Manuel Nunes Júnior, who was speaking at the inauguration of the first High Technology Center in Sub-Saharan Africa, located in the municipality of Viana, said that it is necessary to reinforce the commitment to economic diversification, through strong national production, increase in exports outside the oil sector. as well as replacing imported goods.
Cited by Angop, the official admitted that it is important that oil continues to generate sufficient financial resources to support and speed up economic diversification and, consequently, make Angola less dependent on the oil sector.
To successfully overcome this challenge, Manuel Nunes Júnior guaranteed that the Government is working to reverse the existing reduction in oil production, caused by the delay in the entry into operation of new wells and by the natural weakening of production fields.
In addition, the minister classified the entry into operation of the technology center as historic.
He admitted that this will help generate jobs and train national cadres as well as help increase the efficiency and capacity of the country's oil industry.
The center is the result of a private investment, worth US$25 million, by the company Ake Solutions Angola.
