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Wed, 31 Jul 2019 12:00 - Updated Wed, 31 Jul 2019 11:59

Trade fairs organizers must go through public tender

Luanda - The holding of national and international fairs supported by state funds, has to be subjected to public tender so as to avoid creation of monopolies, defended in Luanda, representatives of business associations in Angola.

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President of the Republic, João Lourenço, speaking at the meeting with business associations

Photo: Pedro Parente

Business technical group coordinator, Carlos Cunha

Photo: Pedro Parente

This position is contained in the memorandum on the “Government's Guidelines on the Real Economy”, prepared in the framework of the topics discussed at the meeting between the President of the Republic, João Lourenço, and representatives of business associations.

The memorandum submitted by the Executive also proposes that the hiring of consultants should be by tender and international consultants should be subcontracted by national consultants.

In the document, entrepreneurs advocate the resizing, restructuring or merging of the various funds to support the development of existing economic activity (FND, FADA, FACRA, Coca-Cola Fund).

Such measures are necessary in the light of existing resources, the level of organization and their usefulness within the objectives of the National Development Plan (NDP 2018/2022).

Tags Economy  

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