A meeting will take place tomorrow at the foreign ministry in Rome on the economic advantages of partnerships between Italian and Angolan firms. Participants will include Angolan Minister for the Economy Abrahao Gourgel, President Angolan Industrialists Association Jose’ Severino, the Minister for Energy Resourcesand Under-Secretaries for Agriculture, Industry, Transport and Tourism. Angola is currently Italy’s third largest trade partner in Sub-Saharan Africa , after South Africa and Nigeria, and is one of the most dynamic economies in Africa, mainly on the strength of its oil industry and other mining activities (diamonds, gold, etc.). With a population of 20 million, it is the fifth largest economy on the continent and fourth for economic growth: as of 2011 GDP growth was averaging 11%, in 2013 measured 7.2% and, according to estimates, should go up this year 7.5%. Every year sees an average of 10 billion USD in foreign investments and per capita GDP more than tripled over the past decade, while inflation dropped to below two figures.
The government is planning a series of incentives for foreign companies willing to invest in farming and animal breeding, industrial processing, fishing and derivatives, civil construction, road infrastructures, railways, sea and airports, telecommunications, energy and water. The meeting will be opened by MFA Director General for Country Promotion Andrea Meloni and speakers will include Deputy Minister Lapo Pistelli, ICE President Riccardo Monti and MFA Director General for Globalisation Luigi Marras.
(infoMercatiEsteri)