Infrastructure investment event set for Angola

Infrastructure investment event set for Angola

Angola capital city, Luanda

from FERRIAL ARMANDO in Luanda, Angola
LUANDA, (CAJ News) – ANGOLA will later this week host the second African Urban Infrastructure Investment Forum (AUIIF).

Over 350 local, national and international industry leaders from various sectors including construction, transportation, energy, finance, management and consulting are expected to attend the Forum at the Talatona Convention Centre (CCTA).

At the event scheduled for Wednesday until Friday in Luanda, the theme will be, “Turning African Cities into Economic Powerhouses.”

It will showcase Luanda, as one of Africa’s construction ‘Hubs’, while highlighting the country’s post-conflict reconstruction efforts. The government will use the opportunity of the AUIIF to showcase its flagship urbanisation project “New Centralities” (New Cities). The project is a result of the Angolan Government’s National Programme for Urbanism and Housing (PNUH).

“This project was formulated, co-ordinated and led by the President of the country himself,” said the Angolan Minister for Urbanism and Habitat, José António da Conceição e Silva.

He reinforced the fact that this was major government priority over the next few years.

The Minister stated that it is essential for his country to keep strengthening urban infrastructure in order to attract foreign investment, and to allow for the rapid industrialisation of the economy.

As part of the government’s urban plan, Angola is banking on the construction of new cities to bridge the housing gap. Most of these cities are being built on the outskirts of the country’s largest existing cities, particularly on the fringes of Luanda, the capital city.

AUIIF brings together a prestigious line up of expert speakers who have made significant contributions towards Africa’s socio-economic reconstruction efforts.

CAJ News

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Posted by on Apr 27 2015. Filed under Finance, Finance & Banking, Governance, Technology. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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