Angola has registered nearly 600 private investment projects worth US$11.6 billion (€11 billion) since 2018, with Portugal ranking 10th on the top investor list.
The figures were presented by the Executive Director of the Agency for the Promotion of Private Investments and Exports (AIPEX), José Gama Sala, in a speech at the 3rd Industrial Forum, organized by the economic weekly Expansão and taking place this Friday in Luanda.
According to AIPEX data, the United States, the main country of origin of foreign investment in Angola, provided almost a third of the investment ($3,500 million), followed by South Africa ($678 million) and Poland ($652 million). ).
José Gama Sala added that in the case of the US, these values are based on investments in the Soyo refinery, a South African real estate project to be developed in Luanda, and a project related to the pharmaceutical industry in the case of Poland. .
Next comes China, responsible for projects worth $292 million, and Turkey, with $200 million.
Portugal ranks 10th on this list with US$26 million in investment intentions.
In total, IPEX registered 581 investment intentions in the period 2018-2023, of which 279 are foreign investment projects, 227 are of national origin and 75 are of mixed capital.
According to the same official, about 40% of these projects are in the industrial sector.
Based on the registered projects, AIPEX estimates that 54,606 jobs will be created, of which more than 90% for local workers.
Author: Portuguese
Source: CM Jornal
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