Development of alternative energy, improvements to road and rail links and the up-grading of the electricity grid. These are some elements of the strategy for Angola drawn up by the African Development Bank, which for 2011-15 has decided to devote 60% of its total budget for the country to infrastructure development.
The Bank’s strategy for the country envisages financing of around 500 million dollars up to 2014 for specific projects indicated by the development plan. Also envisaged is a flexible credit line providing 50 million dollars in loans for 2011 alone, plus credit lines for private enterprises interested in development projects worth 10 million dollars or more.
The former means an unmissable opportunity and the perfect timing for companies wanting to do business in Angola and, definitely, one more strong reason to attend iPAD Angola Congress & Exhibition 2011, the biggest showcase of infrastructure partnerships opportunities taking place in Luanda, Talatona´s Conventions Hotel, between the 13th to the 16th of September.
For more information, visit www.angola.ipad-africa.com