Ver Angola

Transports

Government launches privatization of 51 percent of Sociedade Gestora de Aeroportos

Angola will privatize 51 percent of Sociedade Gestora de Aeroportos, S.A., a process that will be led by the Angolan Minister of Finance, Vera Daves de Sousa, according to a dispatch from President João Lourenço published by the official gazette.

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The order, signed by the President on the 7th, does not determine any deadline for completing the privatization of the majority of SGA's capital, which will be carried out through a limited tender based on prior qualification.

The model for selling a majority stake in the airport concessionaire to "private investors, preferably international airport operators with consolidated experience", is set out in the Global Strategy for the Airport System (EGSA) approved in 2020.

Promoting the growth of the civil aviation sector in the country, pursuing the objective of "transforming Angola into an important 'hub' in the sub-Saharan African region and foreign direct investment" in the airport system is one of the expressed objectives of EGSA.

The strategy for the airport system covers the different segments of airports and airfields in the country, including business models, investments and partnerships, according to each of the 18 airports/aerodromes managed by SGA.

Within the framework of this segmentation, Luanda's infrastructure, designated as "Airport Hub/Gateway", whose new international airport should be inaugurated next year, is the main gateway to the country, positioning itself as the center of domestic and international operations for the South and Central African region.

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