Belgrade: The President of the Republic, Joo Louren§o, extended an invitation to Serbian businesspeople, investors, and financial institutions to invest in Angola during the Angola-Serbia Business Roundtable held in Belgrade. The event was part of the Angolan Head of State's official visit to Serbia, following an invitation from the Serbian President, Aleksandar Vucic. Louren§o encouraged investment across various sectors of the Angolan economy, highlighting the opportunities available.
According to Angola Press News Agency, the Angolan leader emphasized that the business roundtable serves as a platform to explore potential avenues for private investment, employment, trade, and the creation of mutually beneficial partnerships between Angola and Serbia. Louren§o described Angola as a nation rich in resources, with a youthful and industrious population, vast arable land, and significant economic and social potential.
The President outlined Angola's strategic National Development Plan, which aims to enhance the business climate for private investors. He noted that the government has been investing in human capital and implementing economic reforms to foster a diversified and competitive economy. The private sector is seen as pivotal in generating wealth, jobs, and innovation.
Louren§o highlighted the government's focus on public investment in infrastructure, including transportation, electricity, water, telecommunications, and social facilities. He identified key sectors such as farming, pharmaceuticals, automotive, tourism, and the digital economy as priority areas for investment, urging Serbian entrepreneurs to consider these opportunities.
The President underscored the importance of Angola's infrastructure projects, including major ports, airports, and the Lobito Corridor, in transforming the country into a logistics hub on the African continent. He also pointed to investments in renewable energy as crucial for industrial growth and improved living conditions.
In addressing the geopolitical landscape, Louren§o emphasized the importance of multilateralism, dialogue, and international cooperation amidst global challenges. He asserted that Angola presents a stable environment for private investment and can play a role in addressing global food and energy security needs.
