[2019-08-28] Angolan government sells another 23 industrial units in the Luanda-Bengo Special Economic Zone

Source: Macauhub

A batch of 23 industrial units has been selected for sale in the second phase of privatisation of projects in the Luanda-Bengo Special Economic Zone, according to the Angolan Institute for State Asset Management, IGAPE.

Jornal de Angola wrote that among the units to be privatised are Betonar-Zub (concrete structures), Indupla (plastics), Indupame (assembly of metal pavilions), Indutubo (tube factory), Infer (hardware) and Matelectric (electrical materials).

Ninhoflex (mattresses), Telhafal (metal tiles), Vedatela (fencing), Indutive (paints and varnishes), Funsucalco (aluminum and copper scrap casting) and Mangotal (metal towers) are also on the list.

This process follows another one, established between 28 February and 31 May 2019, when IGAPE put up for sale a batch of seven ZEE industrial units – Univitro (glass processing industry), Juntex (mortar), Carton (cardboard), Absor (absorbent materials), Indugidet (toiletries and detergents), Coberlen (blankets) and Saciango (cement bags).

Following consideration of the proposals received, the IGAPE Negotiation Committee awarded Carton, Indugidet, Juntex, Univitro and Coberlan to competitors Angoalissar, Azoria, Ecoindustry and Zeepack, and Absor and Saciango were excluded.

The units undergoing privatisation in these two phases are part of a batch of 52 that are at different stages of development – 26 fully deployed, 20 semi-finished (already with a sealed lot, warehouse and offices) and seven still in containers.