{"id":76361,"date":"2025-01-07T18:34:42","date_gmt":"2025-01-07T18:34:42","guid":{"rendered":"https:\/\/www.africa-press.net\/angola\/all-news\/government-has-5-5-billion-kwanzas-for-public-investment-projects"},"modified":"2025-01-07T19:00:43","modified_gmt":"2025-01-07T19:00:43","slug":"government-has-5-5-billion-kwanzas-for-public-investment-projects","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/angola\/all-news\/government-has-5-5-billion-kwanzas-for-public-investment-projects","title":{"rendered":"Government has 5.5 Billion Kwanzas for Public Investment Projects"},"content":{"rendered":"

Africa-Press – Angola. <\/strong><\/span>The Angolan government has 5.5 billion kwanzas for public investment projects, aimed at encouraging national production and reducing imports of goods into the country, with emphasis on construction materials, the Minister of State for Economic Coordination, Jose\u0301 de Lima Massano announced on Monday in Luanda.<\/b><\/p>\n

The minister, who was speaking during the meeting with members of the Construction Industry associations, stressed that the amount available is part of the Government’s 2025 Public Investment Program, an action that serves as a business opportunity for the business class.<\/p>\n

The minister stressed that the financial amount represents an incentive to national production and a significant reduction in imports of goods with domestic production capacity that are still high.<\/p>\n

He recalled that, until November 2024, the country spent US$1.5 billion on the import of construction materials, a reality that needs to be reversed, with the exploration of the country’s potential and installed capacity.<\/p>\n

He pointed to the construction sector as the area of high potential that should take greater advantage of its industrial capacity, which grew eight percent until the third quarter of 2024, compared to the previous year, representing 2.5 percent of Gross Domestic Product (GDP).<\/p>\n

Therefore, Jose\u0301 de Lima Massano called on associations to play a more active role in the construction materials industry in its most varied specialties and increase the productivity of their companies.<\/p>\n

The Minister of State considered the best use of the productive capacity of the Angolan market as one of the solutions to boost the country’s economy, generate income and improve the living conditions of citizens.<\/p>\n

The Minister of Public Works, Urbanism and Housing, Carlos dos Santos, highlighted the development of the construction industry as a factor that will allow the implementation of the directed self-construction programme and reduce the price of materials.<\/p>\n

The meeting between the Government’s economic team and members of the Construction Industry associations, which included the Minister of Industry and Trade, Rui Migue\u0302ns de Oliveira, aimed to listen to and guide the industrialists to produce at the maximum level of their capacity, so that the final product has quality and is more accessible to the consumer.<\/p>\n

The meeting was attended by members of the Association of Construction Materials Industries of Angola (AIMICA), Association of Cement Industries of Angola (AICA) and National Association of Timber Industries of Angola (ANIMA).<\/p>\n

Before the meeting, Jose\u0301 de Lima Massano visited two construction material manufacturing units in the Viana Industrial Pole (PIV), namely Ferpinta Angola, an industrial company in the metalworking sector, and Extrulider, an aluminum factory.<\/p>\n

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

Africa-Press – Angola. The Angolan government has 5.5 billion kwanzas for public investment projects, aimed at encouraging national production and reducing imports of goods into the country, with emphasis on construction materials, the Minister of State for Economic Coordination, Jose\u0301 de Lima Massano announced on Monday in Luanda. The minister, who was speaking during the […]<\/p>\n","protected":false},"author":84,"featured_media":76360,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7],"tags":[329],"class_list":["post-76361","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","tag-angola"],"yoast_head":"\nGovernment has 5.5 Billion Kwanzas for Public Investment Projects - Angola<\/title>\n<meta name=\"description\" content=\"The Angolan government has 5.5 billion kwanzas for public investment projects, aimed at encouraging national producti ...\" \/>\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\/government-has-5-5-billion-kwanzas-for-public-investment-projects\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Government has 5.5 Billion Kwanzas for Public Investment Projects\" \/>\n<meta property=\"og:description\" content=\"The Angolan government has 5.5 billion kwanzas for public investment projects, aimed at encouraging national producti ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/angola\/all-news\/government-has-5-5-billion-kwanzas-for-public-investment-projects\" \/>\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=\"2025-01-07T18:34:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-01-07T19:00:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/angola\/sites\/65\/2025\/01\/sm_1736263524.235525.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\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\/government-has-5-5-billion-kwanzas-for-public-investment-projects#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/government-has-5-5-billion-kwanzas-for-public-investment-projects\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Government has 5.5 Billion Kwanzas for Public Investment Projects\",\"datePublished\":\"2025-01-07T18:34:42+00:00\",\"dateModified\":\"2025-01-07T19:00:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/government-has-5-5-billion-kwanzas-for-public-investment-projects\"},\"wordCount\":439,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/government-has-5-5-billion-kwanzas-for-public-investment-projects#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/angola\/sites\/65\/2025\/01\/sm_1736263524.235525.jpg\",\"keywords\":[\"Angola\"],\"articleSection\":[\"all news\",\"economy\",\"head lines\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/angola\/all-news\/government-has-5-5-billion-kwanzas-for-public-investment-projects#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/government-has-5-5-billion-kwanzas-for-public-investment-projects\",\"url\":\"https:\/\/www.africa-press.net\/angola\/all-news\/government-has-5-5-billion-kwanzas-for-public-investment-projects\",\"name\":\"Government has 5.5 Billion Kwanzas for Public Investment Projects - 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