{"id":49858,"date":"2023-11-19T07:18:57","date_gmt":"2023-11-19T07:18:57","guid":{"rendered":"https:\/\/www.africa-press.net\/angola\/?p=49858"},"modified":"2023-11-19T06:50:29","modified_gmt":"2023-11-19T06:50:29","slug":"aipex-with-project-portfolio-valued-at-usd-9-7-billion","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/angola\/all-news\/aipex-with-project-portfolio-valued-at-usd-9-7-billion","title":{"rendered":"AIPEX with project portfolio valued at USD 9.7 billion"},"content":{"rendered":"

Africa-Press – Angola. <\/strong><\/span>Six hundred and 30 private investment projects, valued at more than 9.7 billion dollars (1 USD is equivalent to 828,895 kwanzas), were submitted in five years to the Angolan Private Investment and Export Promotion Agency (AIPEX), to leverage the country’s economy.<\/b><\/p>\n

The information was released this Friday, to the press, in Luanda, by the president of the Board of Directors (PCA) of AIPEX, Lello Francisco, highlighting that 191 projects have already been implemented, valued at 1.7 billion US dollars, aimed at the Tourism, Industry, Energy and Water and Health sectors.<\/p>\n

The PCA of AIPEX, who was speaking on the sidelines of the 2nd Angola \u2013 European Union Business Forum, said that by the end of this year 200 projects are expected to be implemented.<\/p>\n

Lello Francisco said that the institution’s current focus is to attract investments in the production of consumer products, with emphasis on animal proteins, aiming to reduce dependence on imports. The PCA made it known, on the other hand, that only 22 percent of AIPEX projects come from European Union countries and that, in terms of investment volume, only 9 percent are registered.<\/p>\n

In turn, the Minister of Economy and Planning, Ma\u0301rio Caetano Joa\u0303o highlighted that the country counts on the European Union, with its expertise, for development cooperation, in order to attract more European investments, as well as support for the Angolan Government to improve the business environment, diversify the economy and rationalize the country’s infrastructure.<\/p>\n

According to the minister, the National Development Plan (PDN) 2023\/2027 redirected the strategic axes into two pillars of development that will boost sustainable and lasting development, as well as rationalize public choices in favor of the populations.<\/p>\n

The aforementioned pillars will guarantee a healthy and qualified population, capable of contributing to a better future for the country and for future generations, as well as contributing to greater production of goods and services, with a strong emphasis on local content, promoting employment, the rationalization of foreign exchange and the promotion of exports, with a view to stabilizing the national currency.<\/p>\n

\u201cThe PDN also brings development filters, with a view to guaranteeing a development impact, ensuring that the actions of the Government and its partners, including the European Union, have a transversal impact on youth, gender equality, environmental sustainability, increase in tax revenue, an improvement in the business environment and rural communities\u201d, he highlighted.<\/p>\n

Cooperation between Angola and the European Union has been fruitful for the development of our countries\u201d, he said.<\/p>\n

He considered that the aforementioned forum represents an important milestone in the path of the Angola-European Union relationship.<\/p>\n

The 2nd Angola \u2013 European Union Business Forum aims to facilitate dialogue between EU-Angola, a project financed by the European Development Fund, which aims to support Actions promoted by Angolan and European institutions to deepen the regular exchange of knowledge and good practices in areas defined by the Angola-European Union Joint Path Agreement.<\/p>\n

On the sidelines of the event, which takes place under the motto \u201cGlobal Gateway: Business opportunities for Angola and the European Union\u201d, a Sustainable Investment Facilitation Agreement (AFIS), European Union \u2013Angola will be signed, the first document of its kind to be signed between the European Commission and a country at global level.<\/p>\n

Participating in the meeting are representatives of the European Union and EU member states accredited in Angola, leaders of the Angolan and European private sector, business associations and the export support agency, as well as financial institutions. The 1st Angola-European Union Business Forum was held in Brussels (Belgium) in 2022, in partnership with the Angolan Government.<\/p>\n

For More News And Analysis About Angola<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Angola. Six hundred and 30 private investment projects, valued at more than 9.7 billion dollars (1 USD is equivalent to 828,895 kwanzas), were submitted in five years to the Angolan Private Investment and Export Promotion Agency (AIPEX), to leverage the country’s economy. The information was released this Friday, to the press, in Luanda, […]<\/p>\n","protected":false},"author":84,"featured_media":49857,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7],"tags":[233,337,329],"class_list":["post-49858","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","tag-africa-press","tag-africa-press-angola","tag-angola"],"yoast_head":"\nAIPEX with project portfolio valued at USD 9.7 billion - Angola<\/title>\n<meta name=\"description\" content=\"Six hundred and 30 private investment projects, valued at more than 9.7 billion dollars (1 USD is equivalent to 828,8 ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/angola\/all-news\/aipex-with-project-portfolio-valued-at-usd-9-7-billion\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AIPEX with project portfolio valued at USD 9.7 billion\" \/>\n<meta property=\"og:description\" content=\"Six hundred and 30 private investment projects, valued at more than 9.7 billion dollars (1 USD is equivalent to 828,8 ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/angola\/all-news\/aipex-with-project-portfolio-valued-at-usd-9-7-billion\" \/>\n<meta property=\"og:site_name\" content=\"Angola\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-19T07:18:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/angola\/sites\/65\/2023\/11\/sm_1700363900.121421.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"900\" \/>\n\t<meta property=\"og:image:height\" content=\"450\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/aipex-with-project-portfolio-valued-at-usd-9-7-billion#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/aipex-with-project-portfolio-valued-at-usd-9-7-billion\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"AIPEX with project portfolio valued at USD 9.7 billion\",\"datePublished\":\"2023-11-19T07:18:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/aipex-with-project-portfolio-valued-at-usd-9-7-billion\"},\"wordCount\":602,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/aipex-with-project-portfolio-valued-at-usd-9-7-billion#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/angola\/sites\/65\/2023\/11\/sm_1700363900.121421.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Angola\",\"Angola\"],\"articleSection\":[\"all news\",\"economy\",\"head lines\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/angola\/all-news\/aipex-with-project-portfolio-valued-at-usd-9-7-billion#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/aipex-with-project-portfolio-valued-at-usd-9-7-billion\",\"url\":\"https:\/\/www.africa-press.net\/angola\/all-news\/aipex-with-project-portfolio-valued-at-usd-9-7-billion\",\"name\":\"AIPEX with project portfolio valued at USD 9.7 billion - 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