23 November 2012

Angola: Entrepreneurship As Mechanism for Market Affirmation

Luanda — The chief executive officer of the Luanda International Fair (FIL), Matos Cardoso, said Thursday in Luanda that entrepreneurship is the most viable mechanism for the emergence of a market based on technological innovation and increased productivity.

Matos Cardoso was speaking at the opening of the second edition of the Transport and Logistics Fair (Expotrans 2012) whose exhibition will go until next Sunday, November 25.

The official added that entrepreneurship boosts the production capacity based on technological innovation and increased productivity, generates factors of quality and competitiveness.

"It is in this perspective that the Luanda International Fair promoted this year, several sectoral fairs, supporting the national effort by seeking market solutions to reduce the large social inequalities and promote the industry of goods and services," said the FIL CEO.

"This edition also reflects innovation and modernity, this being the motivation of the presence of large brands and patents of transport and logistics, thus providing an environment for continued growth in order to better deliver," he said.

He added that the fair is also a contribution to a quick achievement of the purposes and recommendations from the Angolan Government, the fight against hunger and poverty, and improvement of the living of the citizens.

The second edition of Expotrans is gathering more than 80 participants representing institutes, public and private companies and local and foreign consulting agencies.

Held in partnership between the Ministry of Transport and the Luanda International Fair (FIL), the event aims to create a transportation network that effectively coordinates the territory and enhances the strategic position of Angola.

The restructuring of the public transport companies and the professionalisation of their management models for a greater efficiency and profitability are among the issues to report in Expotrans.

Besides Angola, the event is being attended by representatives of countries like South Africa, Germany, Brazil, Spain, Portugal, China and Zimbabwe, with over 80 exhibitors.

In recent years in Angola, the transport sector has recorded a considerable increase in the construction of new infrastructures, rehabilitation and modernisation of existing ones, including rail lines, stations, roads, maritime terminals and airports.

The increase in investment in education and training of staff and regulation of the entire industry have been the challenges for the Ministry of Transport.

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