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Tue, 28 Jul 2020 11:26 - Updated Tue, 28 Jul 2020 11:26

Government collects Kz 31 billion with Propriv

Luanda - At least thirty-one billion kwanzas (USD 92 million equivalent) is the amount collected by the Angolan State from the sale of 14 assets under the 2019/2022 Privatisation Programme (Propriv).

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Minister of Finance, Vera Daves

Photo: Cedida

During this period, four tenders were launched and concluded, which allowed for the creation of 150 direct jobs and 320 indirect jobs.

According to the Minister of Finance, Vera Daves, who was speaking during the Lunch-conference, promoted by the Media Rumo group, 23 companies of national reference will be privatised later this year, among factories located in the Luanda-Bengo Special Economic Zone (ZEE), textile industries, agro-industrial enterprises, agro-livestock and others in the financial sector.

 With the privatisation process underway, involving a group of 195 companies, the State wants to see greater profitability of the companies, more jobs created, as well as the boosting of the economy.

The public tender for the sale of the 13 industrial units of the Luanda-Bengo Special Economic Zone (ZEE) is currently in its final stages, with 67 proposals for acquisition submitted by interested parties.

 Preliminary data provided by the President of the Board of Directors of the Institute of Asset Management and State Participation (Igape), Patrício Vilar, point to an additional 40 million dollars to be invested in the privatisation of the 13 industrial units in the ZEE.

Among the expected proceeds, not yet evaluated, will come out of the privatization of agro-industrial enterprises, a total of 17, four agro-livestock (farms), three industrial textile units and four hotel units of the Infotur network (located in the provinces of Benguela, Cabinda, Huila and Namibe).

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