Africa-Press – Angola. The President of the Republic, João Lourenço, authorized the opening of the public tender for the privatization of the 39 hotels from the IU, IKA and BINA chains, built across the country’s 18 provinces.
According to Presidential Order No. 19/24 of January 11, these hotel units are part of the hotel network of the then insurance company AAA and their privatization is part of the Privatization Program (PROPRIV), in the period from 2023 to 2026.
João Lourenço delegates competence to the Minister of Finance, Vera Dalves, being able to sub-delegate in the practice of decision-making acts, as well as for the verification of all actions for the privatization of these hotel properties.
The head of Finance was also delegated the constitution of the Negotiation Committee, approval of the procedural parts, award of proposals, including the conclusion and signing of contracts.
According to the order, the Negotiation Committee must be made up of representatives from the ministerial departments, responsible for the activity sectors, in accordance with the Basic Law on Privatization.
Likewise, the President of the Republic, João Lourenço, authorized in Presidential Order no. 18/24 of 11 January the construction of public works for the recovery and conservation of all historical cultural sites in Mbanza Congo, province of Zaire, worth of 100 billion kwanzas, through the financing line structured by Banco Angolano de Investimentos (BAI).
Another Presidential Order No. 17/24, of January 11, deals with the approval of financing for the construction and equipping of the Instituto Oftalmológico de Luanda, in the amount of 63 million 909 thousand and 800 euros, representing 85 percent of the expenses with the undertaking.
This financing is the result of the approval of the conclusion of the export credit financing agreement between the Republic of Angola, represented by the Ministry of Finance and the financial institution Soviété Générale, of French origin.
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