Luanda - The Angolan government is to privatise eight industrial units located in the Luanda-Bengo Special Economic Zone (ZEE) and four in Cabinda Province through a public tender in the form of asset disposal.
According to Presidential Order no. 232/23, of 2 October, published on the government website, the sale of the assets is part of the Privatisation Programme - PROPRIV 2023-2026, taking into account the need for its conclusion.
The document says that Inducamar (a tyre and tube manufacturing unit), Indumassas (pasta manufacturing unit), Indutubo (HDPE pipe manufacturing unit), Mecametal (metal parts and structures manufacturing unit) and Pivangola (an agricultural irrigation pivot manufacturing unit) are up for sale in the ZEE, as well as the Sidurex firm (dealing in steel), ZUB II (concrete beams and panels manufacturing unit) and the Catete silos complex, Agroindustry.
In the northern Cabinda Province, the Chimbodo Warehouse, the Cabinda-Fisheries Cold Storage Complex, the Sassa Zau Ceramics and the Cabinda Wheat Flour Mill are to be privatised.
In the Presidential Order, the minister of Finance is authorised, with the right to sub-delegate the process, to carry out the decision-making and approval acts, as well as to verify the validity and legality of all acts carried out within the scope of this procedure.
EH/AC/MRA/jmc
