Luanda, ANGOLA, January 11 - Angolan President, João Lourenço, created Wednesday a Multisectoral commission aiming at articulating and integrating the different services of the State necessary in all the stages of the private investment. ,

According to a press note from the President’s Civil Office that reached Angop on Wednesday, the creation of the said commission seeks to simplify and streamline the promotion and attraction of investment under the Private Investment Policy.

The document adds that the goals outlined must be achieved through the structuring of a governmental model capable of satisfying the expectations of the potential investors to boost the country’s economy and create more jobs.

The commission has 30 days to define the organism responsible for the promotion of the articulation and integration of the services of the State needed for the implementation of an investment intention. 

The commission is expected to study and propose a more attractive and less costly fees system for investors, present proposals concerning the levels and deadlines for the  approval of investments and the entities responsible for the purpose.

The working group is also due to define the necessary paper work for private investment approval.

The commission is being coordinated by the minister of State for Economic and Social Development and integrates the ministers of Economy and Planning, Finances and Commerce. 

,

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.