IPAD Angola to showcase investment opportunities

The conference and exhibition plans to focus on infrastructure partnership opportunities in the Angolan agriculture, power, water, transport and logistics and mining sectors. The Angolan transport minister, Augusto da Silda Tomás, economy minister, Abrahão Pio dos Santos Gourgel, and the planning minister, Ana Dias Lourenço, are just some of the dignatories expected to speak at the event.

Promising economy

"In fact and without a shadow of a doubt, Angola is positioned as one of the most promising economies of the next decade," says Aguinaldo Jaime, chairman of ANIP's Restructuring Commission and IPAD Angola's honorary president. ANIP is Angola's National Private Investment Agency.

Jaime continues: "During 2010, Angola registered a private investment volume amounting to more than US$3 billion, which enabled the country to be considered as one of the most successful in attracting private investment, by the United Nations Conference on Trade and Development (CNUCED)."

IPAD Angola's director José Monteiro agrees: "According to the International Monetary Fund's World Economic Outlook, Angola is expected to have one of the world's largest economic growth rates in 2012, at 10.5%. As well as posting growth of more than average for the world economy, Angola will also post higher growth than emerging markets and African oil exporting countries in 2012."

Rethinking Angola's infrastructure ecosystem

According to José Monteiro, the government is strongly committed to diversifying the economy and to improving the national industry. He explains: "Such a goal is only possible through a huge effort to develop infrastructure. Transport and logistics, power, water, mining and agriculture are all strategic priorities within the government infrastructure investment programmes for the medium-term."

IPAD Angola is all about rethinking the overall infrastructure ecosystem says José Monteiro, "Its developments, gaps and hurdles, addressing all actual partnerships opportunities and about strategising on how to sustainably grasp such opportunities. We also look at the challenges of doing business in and with Angola, including the high operational costs, technical and economic sustainability, finding the right partners."

For more information, go to www.angola.ipad-africa.com.