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Fri, 22 Feb 2019 11:15 - Updated Fri, 22 Feb 2019 11:14

Public-Private Partnership law approved by MPs in generality

Luanda - The National Assembly approved on Thursday, in general terms, the Bill on Public-Private Partnerships, which is intended to make such processes more expedite and better adapted to the current reality of the country.

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MPs pass Public-Private Partnership bill in generality

Photo: Cortesia de Paulo Mulaza

Public-Private Partnership law approved by MPs in general terms.

Photo: Clemente dos Santos

The document approved with 180 votes in favour, 43 against (from opposition Unita) and five abstentions (coalition CASA-CE) is to be analysed by the specialized commissions in the coming days.

According to the Economy and Planning minister, Pedro Luís da Fonseca, the draft-law offers a set of enjoyable advantages for the private sector, if allied to the State in a joint effort to promote the well-being of the economy and of the Angolan society.

The official underscored that the document was drafted based on experiences from other countries, whose public-private partnership structures have excelled in the last decade.

In the meantime, added the minister, the past experiences were, in fact, great sources which provided the tools for the current law proposal to be drafted.

In addition, the official underscored that with current draft-law the government seeks to take up the role of coordinator and overseer, so as to regulate the country’s economic development.

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