Angola: Industry Sector Leads Investment Proposals

Luanda — At least 86 out the 189 investment proposals registered from August 2018 to September 30 this year by the AIPEX are for the industrial sector.

According to a report from AIPEX - National Agency for Private Investment and Exports Promotion - which reached ANGOP last Thursday, after the industry sector comes commerce with 43 private investment proposals, rendering of services with 33, agriculture with 10, construction with 5, education with 3, health with 3, Hospitality and tourism with 3 and fisheries also with 3 projects.

The report highlights that out of the total investment proposals for almost all provinces in the country, 46 have already been implemented.

Accoring to the Agency's statistics data, the 46 implemented projects,

AIPEX aims to promote exports, attract private investment, register investment proposals, institutional support and monitor the execution of investment projects and internationalization of Angolan companies.

It was created under Presidential Decree No. 81/18 of 19 March 2018, resulting from the merger of the Technical Unit for Private Investment (UTIP) and the Angolan Investment and Export Promotion Agency (APIEX).

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