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Angola’s AIPEX records 361 foreign investment projects

Angola’s AIPEX records 361 foreign investment projects

Luanda, May 14 (Prensa Latina) Records from Angola's Private Investment and Export Promotion Agency (AIPEX) on Friday endorse foreign companies' interest in establishing businesses in the country, by adding 361 projects in a three-year period.
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According to new AIPEX data, the foreign investors’ intentions totaled 3.7 billion US dollars, from 2018 to April 2021.

The statistics distinguished initiatives for several sectors and territories, among them nine civil construction projects valued at 686 million dollars and five other projects in the hotel and tourism industry for a total amount of 31 million dollars.

According to the report, the health sector gained interests from new initiatives valued at 131 million dollars, while the figures in telecommunications and education amounted to 307 million dollars and 30 million dollars, respectively.

In the fishing activity, AIPEX notified eight projects for 132 million dollar, provision of services totaled 78 proposals valued at 334 million dollars and the agricultural sector closed the analysis with 17 projects estimated at 215 million dollars.


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