Angola: Commission for Real Economy Discusses Monitoring Manufacturing Sector

Luanda — The Commission for Real Economy of the Council of the Ministers Monday, here analysed the mechanisms for monitoring the evolution of the productive sector and accelerating the development of industrial clusters and special economic zones in the country.

This first session was held in the Cidade Alta and was chaired by its coordinator, the vice-president, Manuel Domingos Vicente.

According to the minister of Economy Abraao Gourgel, the agenda included issues related to the internal organization of the committee and panel monitoring the real sectors of the economy, as a means of controlling the evolution of the manufacturing sector, with a particular focus on agriculture, industry, energy and water, transport and mining.

He stated that this monitoring mechanism should be implemented this year and will allow to get a sense of the evolution of monthly and quarterly economic output.

He said that was also made outlook of the situation of the implementation of industrial development centers, special economic zones and the cotton production chain, in particular the development of textile projects.

Abraao Gourgel said it was decided to deepen the study and resizing program of the cotton production chain in order to face it and make it more realistic.

He added that his department was asked to coordinate an inter-ministerial group that will evaluate other ways to implement the centers of industrial development and the textile production chain.

He stressed that the meeting also recommended the examination of the proposal for the establishment of public-private partnerships, both in the infra-structure as in the management of industrial development hubs.

The minister said there also was approved a calendar with actions to be implemented throughout the year, aiming to reduce the bureaucratization of the process of creation and licensing businesses, and improve the ranking of the country, considered as last in sub-Saharan Africa.

He recalled that the World Bank has a mechanism to regularly assess the facilities in establishing companies and conducting business, and Angola intends to improve this ranking next year.

  • Comment

Copyright © 2013 Angola Press Agency. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica aggregates and indexes content from over 130 African news organizations, plus more than 200 other sources, who are responsible for their own reporting and views. Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica.

Comments Post a comment