Angop - Agência de Notícias Angola Press

Construction sector slows down at 1.3% in 2020

Tue, 03 Dec 2019 19:15 - Economy

Luanda - The Ministry of Construction and Public Works will slow growth from 3.5% in 2019 to 1.3% in 2020 in terms of public investment.

  • Minister of Constrution and Public Works, Manuel Tavares de Almeida (file)

The performance of this sector in Angola is being strongly influenced by the dynamics of capital expenditure, particularly the Public Investment Program (PIP).

The data were presented this Tuesday, in Luanda, at the 2nd Advisory Council of the Ministry of Construction and Public Works (MINCOP), under the guidance of the minister, Manuel Tavares de Almeida.

Given the available budgetary space of a total of 163.2 billion kwanzas for the 2020 budget, the sector has as its "top priority" the Integrated Municipal Intervention Plan (PIIM) projects. ), for the recovery of national roads.

Of this amount, contained in the proposal of the State General Budget (OGE) 2020, 93.6% will be allocated to the Public Investment Program (PIP).

Listed as “top priority” investment projects are the National Roads (EN) No. 2080 (Cuchi / Cutato), EN100 (Cabo Ledo / Lobito), EN120 (Mbanza Kongo / Noqui), EN 180 (Dundo / Saurimo) / Dala) and the EN 225 (Catata / Lóvua).

Also included in the sector's priorities for 2020 is the Toll and Weighing Program (PPP) to control vehicle overloading, the containment and stabilization of ravines, integrated infrastructure, buildings and monuments and engineering project studies.