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Thu, 16 Nov 2017 12:47 - Updated Thu, 16 Nov 2017 12:47

Indonesia interested in Angolan industry

Luanda - In addition to exporting goods to Angola, Indonesia intends to invest in the industry, namely in the manufacture of soap, palm oil, in tourism, infrastructure and railways.

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This was said to Angop on Wednesday by the director of Indonesian Commerce Chamber and Industries for Africa, Mintadjo Halim.

The official was speaking after the signing of a cooperation deal with the Angolan Chamber of Commerce and Industry (CCIA).

According to the Indonesian official, during the last two years his country has turned to Africa and Angola in particular, with the aim of establishing cooperation in various sectors.

Several other sectors such as oil, mining, construction, road and automobile industry are included in the cooperation intended by the Asian country.

The official, at the head of delegation comprised by five members, including the Indonesian ambassador to Angola (currently based in neighbouring Namibia), said the meeting aimed at strengthening cooperation with Angola and the signing of the deal that was long expected. 

He reiterated his country’s willingness to invest in all those sectors, and is considering to send in a survey team to Angola as they are aware of existing local oil potential. 

Mintadjo Halim added that Indonesia is aware that Angola imports a lot of raw materials, hence his country’s intention to contribute through the setting up of industries locally.

The economic relations between Angola and Indonesia, according to the Indonesian official, are poor and trade does not surpass Usd 3.0 million a year.

This amount results from Angola’s imports of such products as soap, palm oil and textiles made in Indonesia, said the official, adding that his country is willing to export other items like paper and coffee.

He also spoke of the aggravated tax tariffs on a few products exported to Angola, which have been hindering the trade, suggesting a reduction in tax on  some goods, aiming at a free trade. 

Currently, Indonesia is importing oil from Nigeria it could buy from Angola, said Mintadjo Halim.

In his turn, the CCIA secretary general, Gomes Tiago, told Angop that Angola expects to get its relation with Indonesia strengthened through the signing of this deal.

The Angolan official wished both countries to enjoy good political relations, adding that this is high time for the establishment of business relations, with a view to business missions and participation in fairs with Angolan businesspeople.

Tags Economy  

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