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Ten reasons to invest in Angola
Published by: Lahcene KAID-SLIMANE
On: 01-11-12

The First Reason:
During last decade (2001–2010) Angola had the world's highest annual average GDP growth at 11.1 percent.

The Second Reason:
43.2% of the Angolan population is under 14 years old.

The Third Reason:
Angola also enjoys a considerable agricultural potential having a climate, soil, and topography appropriate for modern and large scale agricultural production of a wide range of crops. The country also has considerable agricultural capacity and a mass of water resources. Angola was once the world's fourth largest coffee producer.The security brought about by the 2002 peace settlement has led to the resettlement of 4 million displaced persons, thus resulting in large-scale increases in agriculture production.

The fourth Reason:
Thanks to its extensive large fast-flowing river system, Angola has enormous potential for production of hydro electrical power production. The extensive river system can also provide waterways for transport.

The Fifth Reason:
Angola is Africa’s second-largest oil producer. The production is closing in on 2 million oil barrels/day. Estimates of Angola’s proven oil reserves range from 9.5 billion to 13.5 billion barrels. Angola also has 25 trillion cubic feet of natural gas reserves.

The Sixth Reason:
Angola is the fourth largest producer of diamonds in the world. In 2010, diamond production in Angola reached 8.5 million carats. Despite increased corporate ownership of diamond fields, only eight large-scale mines operate out of a total of 145 concessions. Other mineral resources include gold, marble, granite, and quartz in South-eastern Angola in the provinces of Namibe and Huila. Quarry of these reserves has just begun. Iron ores were exploited in provinces such as Malange, Bie, Huambo, and Huila, and average output reached 5.7 million tons per year between 1970 and 1974. Angola also has untapped phosphate deposits estimated at 150 million tons, located in the provinces of Cabinda and Zaire.

The Seventh Reason:
The unexploited forests cover 43% of Angolan territory, with particular valuable timber species in Cabinda.

The Eighth Reason:
A new private investment law adopted in 2011 provides certain benefits and incentives for investors. The threshold for such incentives was increased from investments of $100,000 under the old law to $1 million.

The Ninth Reason:
Depending on which part of the country the investment is made, Angola has an Industrial Tax Exemption Regime that can go up to 15 years.

The Tenth Reason:
Angola has a real touristic potential. Its Atlantic coastline stretches for over 1.650 km with beautiful beaches in Luanda, Benguela and Namibe.Its mighty rivers flow into wide estuaries depositing sediments they have brought with them from the high plateaus to form numerous small islands. Further South is the desert area of Namibe.Whilst there is dense, humid forestland, which is rich in exotic woods and is the natural habitat of gorillas in Cabinda

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