Angola’s finance minister said yesterday that relations with China have been “very positive” for over 20 years and the country will continue to bet daily on this cooperation and friendship between the two states.
According to a statement from the State Assets and Participations Management Institute (IGAPE), the Angolan finance minister, Vera Daves, participated in a virtual conference aimed at introducing Chinese investors to the Privatization Program (Propriv) underway in Angola.
“For the Minister of Finance, Vera Daves, relations between Angola and China have been mutually recognized as very positive for over two decades, in a climate of friendship and strategic cooperation in various areas, with emphasis on trade, financial and on which Angola will continue to invest daily within the spirit of cooperation and friendship existing between the two nations,” the note states.
At the approximately three-hour meeting, which was attended by around 100 participants, mostly Chinese, the ambassador of the Asian country to Angola, Gong Tao, reiterated China’s interest in continuing to cooperate economically with Angola and working with the community country, to attract potential investors.
According to the note, representatives of the Angolan oil company, Sonangol, and the Angola Debt and Stock Exchange (Bodiva) also participated in the meeting, who presented relevant information and clarifications on the assets of the different sectors to be privatized by 2022, as well as the procedures to be adopted in each privatization process.
The cycle of meetings of this type began on 28 July, attended by Portuguese investors, with another four meetings being planned until the end of the year, namely with investors from the United States of America, Spain, Germany and the United Kingdom.
With Propriv, the Angolan government foresees the privatization of more than 190 companies and/or assets of the Angolan State by 2022, in the sectors of banking, hotels and tourism, finance, insurance, agriculture, telecommunications, industries, oil, among others.