Africa-Press – Angola. The President of the Republic, João Lourenço, reiterated this Monday, in Luanda, that the improvement of the business environment is a fundamental condition for attracting more investments, a factor that constitutes a challenge for all Angolans.
For the Head of State, who made this statement on his Facebook account, today (Monday), in addition to a greater supply of energy, water and roads, all agents of public administration and the private sector must carry out their tasks with zeal and dedication.
João Lourenço underlines that, fulfilling these assumptions, Angola could be a hospitable market and worthy of receiving more investments that allow generating more wealth and more jobs for families.
Still within the framework of encouraging business, last week the Head of State participated in the Italy-Angola Economic Forum, organized by the business association Confindustria Assafrica in collaboration with the Private Investment and Export Promotion Agency, where he referred that the success of Angolan diplomacy it also involves the perspicacity of the business class in taking advantage of the opportunities that open up to them.
During the activity, which took place as part of the State visit he made to the Republic of Italy, he also referred to the importance of Angolan diplomacy in mobilizing resources and know-how from countries with proven experience.
In this respect, within the framework of its governance program, endorsed in the 2022 elections, the Executive proposes to work to improve the business environment, essentially to encourage and attract private investment, in particular foreign direct investment, as well as to boost the economic growth in all sectors of the Angolan economy.
Likewise, it plans to transform the country into an increasingly open nation, transparent to business, with a strong and diversified economy, as well as the implementation of reforms aimed at removing obstacles and disincentives that still hinder the country’s ability to attract investment. .
It also aims to implement structural reforms, ensuring the coordination of investment projects and the operation of capital and dividend repatriation mechanisms, as well as putting into practice specific solutions for each sector, emphasizing the improvement of efficiency and increasing investment to compensate for the lack of infrastructures, among other actions.
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