africa Agriculture Angola Privatization

Angola extends public tender deadline for privatisation of agribusiness enterprises

The deadline for the submission of bids to the public tender for privatisation of agribusiness enterprises in Angola has been extended from July to September, according to the Angolan state assets institution, Igape.

The statement issued by Igape in Luanda said that the extension of the deadline aims to enable investors to study asset documentation, visit ventures and gain the knowledge needed to make a decision.

These privatisations, announced in late June, include the Longa (Kwando Kubango), Camaiangala Agricultural Development (Moxico), Cuimba Agro-Industrial (Zaire) and Sanza Pombo (Uíge) Agricultural Development ventures.

The head of the Igape privatisation department, Ana Paulo, said at the time that the reference prices of the four projects are between US$22 million and US$35 million, and will be the first of a broader package of privatisations.

The four agro-livestock enterprises cover a combined area of 43,284 hectares, 18,384.8 of which are productive and 1,200 irrigated, as well as 52 facilities, in addition to 152 kilometres of roads.

Engineer Carlos Paim, from the Angolan Ministry of Agriculture and Forestry, said at the time that the projects were at a standstill, although they had already been in operation, but that they would be able to restart immediately while the bidding process is underway.

Source: Macauhub

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