AIPEX receives more than 500 investment projects

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AIPEX receives more than 500 investment projects
AIPEX receives more than 500 investment projects

Africa-Press – Angola. Angola received, between 2018 and October this year, 535 investment projects, of which 40 percent are industrial, for a total amount of almost US$3,000 million, according to the president of the Private Investment and Export Promotion Agency (AIPEX).

António Henriques da Silva was speaking on Friday on the sidelines of the event “The Angolan Development Roundtable”, promoted by “The Business Year”.

On the occasion, he highlighted the improvement in the business environment in recent years, especially since 2018, when the new Private Investment Law was approved. “At that time, we only had registered investment projects from seven countries. Five years later, there are already 51, and only then did we see an increase in interest in investing in Angola”, he said.

António Henriques da Silva said that Angola is, geostrategically, very well positioned to boost the diversification and structural transformation of its economy and neighboring countries, becoming a gateway, preferential for Commerce, Transport and Tourism.

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