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Sun, 26 May 2019 12:52 - Updated Sun, 26 May 2019 12:52

WB to open office to finance tourism in Angola

Luanda - A World Bank (WB) office will be open in Luanda this year, in September, with the aim of financing private investments in the tourism sector, the institution’s representative in Angola, Olivier Jacques Lambert, has said.

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Representante do Banco Mundial em Angola, Oliver Jacques Lambert

Photo: Nelson Malamba

Speaking at the World Tourism Forum, which is happening in the Angolan capital since last Thursday, Olivier Jacques Lambert said that the projects will be financed according to their quality and dimension.

He went on to say that besides grating credit, the WB will monitor the implementation of investment projects.

He stressed that the improvement of business environment and the introduction of measures intended to increase the trust of investors are part of the support the WB has provided to Angola.

Olivier Jacques Lambert deemed tourism a source for growth and diversification of the economy.

Tags Turismo  

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