Angolan govt to implement new customs tariff

     Economy           
  • Luanda     Wednesday, 24 January De 2024    13h17  
Interior da Fábrica Textang II
Interior da Fábrica Textang II
Marcos Caetano

Dondo - The Minister of State for Economic Coordination, José de Lima Massano, announced Wednesday that the Angolan government intends to implement a new customs tariff this year to protect and ensure national production.

The minister, who gave no details on the new customs tariff or the date to enter into force, said the goal is to aid the country's textile factories to operate properly in several provinces.

José de Lima Massano said the Textaf factory has the technological conditions to come into operation "in a short time" to meet the demand for fabric in the country.

According to the Minister of State, Textaf is an integrated unit with the conditions to operate and cover the entire fabric production chain, from cotton processing, spinning, knitting, dyeing and clothing.

Under the management of the Zimbabwean group Boabab since 2021, the factory located in northern Cuanza Norte province is inoperative due to difficulties in acquiring chemicals in the country to dye the fabrics.

Provision of raw materials 

According to the Minister of State, in addition to the customs protection measures, the Ministry of Agriculture and Forestry has identified around 30,000 hectares that will contribute to the country having an acceptable cotton production rate by 2026 to boost the national textile industry.

"In Angola we have three large textile factories, which need to operate at the level of their installed capacity, and that's why the government is ensuring that cotton production policies are viable, including the financial component," the minister said.

  MF/IMA/AC/DAN/AMP





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