ANGOP - Angola Press News AgencyANGOP - Angola Press News Agency

Go to homepage



Home » News » Economy

Fri, 25 Oct 2019 17:01 - Updated Mon, 28 Oct 2019 08:54

Aipex's proposals estimated at over USD 60 mln

Luanda - At least USD 1million is the global value of the 16 private investment proposals implemented this year by the Private Investment and Export Promotion Agency (AIPEX).

Send by email

To share this news by email, fill out the information below and click Send


To report errors in the texts of articles published, fill out the information below and click Send

The proposals are part of 44 received in the commerce sector and enabled to create 1.333 jobs.

The institution received a total of 189 proposals, which were expected to create 1,800 jobs, said Aipex administrator for investment and fundraising area, Sandra Dias dos Santos.

The manager released this data on the sidelines of the first Business Forum, as part of Luanda Municipality Business Fair programme,  opened on Wednesday.

According to her, the largest investment was made by domestic companies, followed by mixed investment with partnerships of Angolan and foreign companies.

As for the foreign companies, the official mentioned Portugal with 19 proposals worth USD 7 million, China with six proposals totaling 176 million, Eritrea with five proposals standing at 5 million.

She also said that the products in the export line at this moment are salt, fish, tropical fruits, wood, coffee and honey.

Tags Investimentos  

Read also
  • 24/10/2019 19:05:47

    Trade Minister highlights importance of "China town"

    Luanda - Minister of Commerce, Joffre Van-Dúnem Júnior said Thursday (Thursday) the importance of the "China City" shopping complex in Angola, as it creates many jobs for young people looking for their first job.

  • 22/10/2019 13:44:43

    Dimension rocks on table of International Conference

    Lubango - Investors, banking institutions and agents from the mining sector will participate in the first International Conference and Exhibition on Dimension Stones, starting this Thursday Oct 24, in the city of Lubango, capital of the southern Huila Province.

  • 17/10/2019 15:54:21

    BDA to release USD1 bln for productive sector

    Lubango - Angola's Development Bank (BDA) will release USD 1 billion later this year to finance projects in the sectors of agriculture, livestock, trade, services and industry, aimed at diversifying the national economy.