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Sun, 17 May 2020 12:34 - Updated Sun, 17 May 2020 12:53

Okavango Project attracts investors

Luanda - Domestic and foreign businesspeople expect to acquire tourism concessions in the Angolan region of the Okavango Project, which could become a key factor in the diversification of the economy through tourism.

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The information was provided, Saturday, by the Chairman of the Board of Directors of the National Agency of the Okavango Region (ANAGERO), Rui Lisboa, in an interview with Angop.

The Okavango region of Angola has great tourism potential, covering territorial parcels of six provinces, namely Huambo, Huíla, Bié, Cunene, Moxico and Cuando Cubango.

He said there is a demonstration of investment by a foreign business group worth US$50 million in an ecotourism project.

"We will therefore coordinate with the Ministry of Culture, Tourism and Environment, as well as the Provincial Government of Cuando Cubango to make the project viable, which, if implemented, will be an important milestone for tourism in the region and will have a multiplier effect in terms of attracting investment," he said.

However, he stated that the Angolan Government is aware of the constraints in terms of infrastructure and basic services that, to a certain extent, hamper the full exploitation of the region's tourism potential, with negative implications for the attraction of investment.

In order to change the situation, the interlocutor informed that a commission has been created, along with ANAGERO, for the infrastructure of areas of tourist interest.

The construction of Border Posts that connect Angola and Namibia, in the area of Bwabwata and Bico de Angola, to integrate the country into the cross-border tourism route, improvement of access roads and installation of communication services, are the first actions to be implemented.

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