Exports grew and grew between Angola and Portugal 50% in 2022 – Observer
The Secretary of State for Tuesday’s Economy said that growth and business between Angola and Portugal this year reached around 50% of the previous year, admitting “continuous reinforcement” of cooperation.
João Neves, who is in Luanda on a business visit, pointed out the In this year of economic collaboration between Angola and Portugalafter two years considered very difficult due to the pandemic.
“This year is marked by a strong growth in relationships. We have the side of companies that want to grow together with the side of 5% affirmed compared to the previous year and that it is necessary to continue to strengthen the collaboration between the two countries and as of both countries”, the Portuguese official.
Speaking after opening and visiting the new facilities of the ISQ APAVE group in Luanda, João Neves said that he is in Angola looking for solutions so that collaboration between Angola and Portugal, especially in the economic field, is “more intense”.
This is a working visit, certainly in opportunities (for signed agreements), depending on the work we are going to carry out from now on and have firm agreements in different areas over the next one”, he stressed in statements to Lusa.
Portugal “very much wants the instruments of professional qualification in Angola according to the investment objectives that Portuguese women may have in the country”.
“And we are sure that many investments are considered as a consideration in which this professional qualification process can be considered different”, he stressed.
More than four thousand Portuguese companies export products and services to Angola and have the “natural concerns” of a market with different characteristics from the European market, stressed the Portuguese Secretary of State,
“We have to deal with what the economic environment is and the perspective is to find solutions to the problems that exist. That was the feeling I found in conversations with the Portuguese companies that are here”, he stressed.
For the Portuguese official, the concerns of Portuguese companies in Angola are surmountable, with a strong recovery in the level of activity in the Angolan market for the coming years.
Portuguese companies should invest, in the coming years, also in areas that are not the object of collaboration, such as the textile sector, and specific footwear will find solutions for which they must have in the domestic market, and also areas that they have in the domestic market, equally, specific areas of investment, such as the textile sector.
“We have a work program that will certainly allow us to increase collaboration in this area (of industry and footwear) which is still very limited”pointed out.
“We perceive as Angola’s needs, the investment sectors that are carried out and that we want to be destined for this process, which are a very strong experience of these in Portugal that are among the most attractive in the world”, noted João Neves.
On Tuesday, the Secretary of State for the Economy of Portugal visited and inaugurated the new facilities of the ISQ APAVE group in Luanda, located at Rua Kima Kienda, in the Boavista neighborhood, in the urban district of Ingombota.
ISQ is a Portuguese company that has been operating in Angola for 20 years in partnership with the French company APAVE in the provision of services in the Angolan gas and oil and agro-industrial sector.