Africa-Press – Angola. The investment intentions registered by the Agency for Private Investment and Export Promotion of Angola (AIPEX), in the first four months of this year, are projected to create more than five thousand new jobs, of which 90% for national citizens and 10% for expatriates.
Data from this institution indicate that, from January to April, AIPEX received 31 private investment intentions, totaling 848 million US dollars (1 dollar is equivalent to 849 kwanzas).
Of the intentions, the document states, the industry sector stands out, with around 600 million dollars, and investment projects in manufacturing areas, food processing and mining.
In terms of origin of investments, Angola leads with 667,351,333.43, followed by Singapore, with USD 136,099,962.00, and India with USD 11,025,000.00.
This diversity of investment origin highlights Angola’s attractiveness to international investors and the continued confidence in the Angolan market.
The presence of investments from Singapore and India highlights the growing global interest in Angola’s economic potential.
Performance by Type of Investment
Investments in the first four months of 2024 were categorized as internal, mixed and external.
Domestic investment stood out with USD 657,863,959.42, followed by external investment with USD 168,491,782.00 and mixed investment with USD 22,487,374.00.
This distribution demonstrates a healthy balance between local and foreign investment, essential for economic sustainability.
Mixed investment, combining national and foreign capital, reflects international cooperation and confidence in the Angolan market.
Geographic Distribution of Investments
Luanda continues to be the province with the highest volume of investments, totaling USD 601,062,354.00. This leadership reflects Luanda’s centrality in the country’s economic development.
The capital attracts significant investments due to its developed infrastructure, large consumer market and strategic position.
Other provinces, such as Cuanza-Norte and Benguela, also stood out, showing a growing distribution of investments across various regions.
This more balanced distribution is essential to promote regional development and reduce economic disparities between provinces.
Comparison and Perspectives
Compared to the same period of the previous year, there was a variation in the type of investment, with internal investment maintaining leadership, although with a slight reduction.
This change reflects a natural adjustment in the investment market and adaptation to global economic conditions.
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