8 June 2009
Luanda — The deputy minister of Industry, Kiala Gabriel, Monday in Luanda said that despite the global financial and economic crisis, Angola still keeps on inspiring the confidence of investors.
Kiala Gabriel said this during a workshop on "Making business in Angola", organised by the Canadian Council for Africa (CCA), in collaboration with the Department of Foreign Affairs and International Trade Canada (DFAIT).
According to him, the creation of industrial estates in the country has always been the Angolan government's commitment and, at this moment, it is in its implementation phase.
Meanwhile, he called for the need to extend the areas of implementation of the estates, meaning those of Viana and Benguela, as they have no more space to meet the high demand.
Regarding the Canadian businesspeople, who are in the country since Sunday, the vice-minister stated that they are focussing their attention on the sectors of agro-industry, agriculture, construction materials and timber business.
On his turn, the chairman of the Industrial Association of Angola (AIA), José Severino, underlined that the investments made in the country, whether state or privately owned, are not enough.
"We have to create an environment for attracting more investments into the country" he said, adding that the lack of transportation and hotels with competitive prices are still the major barrier to investors.
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