{"id":21041,"date":"2023-11-14T11:34:33","date_gmt":"2023-11-14T11:34:33","guid":{"rendered":"https:\/\/www.africa-press.net\/cape-verde\/all-news\/praia-city-new-privatization-agenda-cape-verde-gives-priority-to-the-privatization-agenda-and-strategic-partnerships"},"modified":"2023-11-14T12:46:20","modified_gmt":"2023-11-14T12:46:20","slug":"praia-city-new-privatization-agenda-cape-verde-gives-priority-to-the-privatization-agenda-and-strategic-partnerships","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/cape-verde\/all-news\/praia-city-new-privatization-agenda-cape-verde-gives-priority-to-the-privatization-agenda-and-strategic-partnerships","title":{"rendered":"Praia City\/New privatization agenda: Cape Verde gives priority to the privatization agenda and strategic partnerships"},"content":{"rendered":"

Africa-Press – Cape verde. <\/strong><\/span>It’s official. The Government of Cape Verde’s priority is to implement privatizations and other strategic partnerships, indicates the new Public Business Sector Performance Report, which details an agenda of processes to be completed. The list includes several public and affiliated companies, such as TACV, Eanpor (port operations), ASA, Emprofac\/Inpharma, INPS, Cabnave, among other units.<\/p>\n

\u201c The implementation of the agenda of companies subject to privatization, partial sale, concession and public-private partnerships will continue to deserve our priority\u201d , reads the message from the coordinator, Sandeney Fernandes, who opens the report, which Lusa had access today.<\/p>\n

The agenda aims to \u201c complete the technical work and launch the processes \u201d for the sale of the State’s stake in Caixa Econo\u0301mica through the Cape Verde Stock Exchange (BVC), the privatization of ENAPOR’s port operations, along with another point, the privatization of Emprofac\/Inpharma (pharmaceutical sector) and CV Handling (airport cargo management) to strategic partners, including sale to workers and emigrants, also through BVC.<\/p>\n

Also on the list is the sale of the shareholding held by the National Airports and Air Security Company (ASA) and the National Social Security Institute (INPS) in CV Telecom and the institutional reform and restructuring of the energy sector, with the privatization of Electra \u201c in type of spin-off, as well as sale of shares representing the share capital of two companies, producing and distributing electricity \u201d.<\/p>\n

According to the same source, the restructuring of the Cabo Verde Naval Shipyards (Cabnave) and the stabilization of the operations of Transportes Ae\u0301reos de Cabo Verde (TACV) and its privatization are also on the list.<\/p>\n

This agenda aims to \u201cconsolidate the good execution of completed projects, such as the concession of the public maritime transport service between passenger and cargo islands and the concession of public airport service at airports and aerodromes in Cape Verde\u201d, the message details.<\/p>\n

At an institutional level, legal reforms and the implementation of a holding company are also planned, \u201c with a focus on efficiency and effectiveness in risk monitoring and assessment processes \u201d.<\/p>\n

The State Business Monitoring Unit (UASE), dependent on the Ministry of Finance and Business Development, \u201cexpects to continue and accelerate reforms\u201d of the State\u2019s business sector, making it a \u201ccatalyst and accelerator of growth and sustainable development in Cabo Green\u201d, he concludes.<\/p>\n

The new Public Business Sector Performance Report to which Lusa had access reveals that all companies owned by the Cape Verdean State reduced losses by 73% in 2022.<\/p>\n

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

Africa-Press – Cape verde. It’s official. The Government of Cape Verde’s priority is to implement privatizations and other strategic partnerships, indicates the new Public Business Sector Performance Report, which details an agenda of processes to be completed. The list includes several public and affiliated companies, such as TACV, Eanpor (port operations), ASA, Emprofac\/Inpharma, INPS, Cabnave, […]<\/p>\n","protected":false},"author":84,"featured_media":21040,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,331,328],"class_list":["post-21041","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-cape-verde","tag-cape-verde"],"yoast_head":"\nPraia City\/New privatization agenda: Cape Verde gives priority to the privatization agenda and strategic partnerships - Cape Verde<\/title>\n<meta name=\"description\" content=\"It's official. 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