Private foreign investment helps boost national economy

Luanda, Luanda - The private foreign investment is one of the stimulating factor that boost the national economy, as long as it is well structured and centred, said Friday in Luanda the Secretary of State for Geology and Mining, Mankenda Ambroise.Speaking to the press on "Foreign Direct Investment in the country," the secretary stressed that the Government alone can not guarantee a satisfactory economic development of the country, thus calling for the involvement of all, both on national and foreign institutions."After long years of armed conflicts in Angola it is notorious throughout the country the construction and reconstruction of social infrastructures, led by foreign investors," said Mankenda Ambroise.According to secretary of State, most of the national companies have financial limitations, so it is important to call an investor with the financial and technological capacity, for development of Angola.He also called for the need to assess the type of entrepreneur and investment that Angola should establish.