Economic Growth and Diversification Initiatives slide image

Economic Growth and Diversification Initiatives

GOVERNO DE ANGOLA Ministério da indústria e Comércio mindcom.gov.ao PROGRAMS AND PUBLIC POLICIES FOR ECONOMIC GROWTH AND DIVERSIFICATION AMONG THE VARIOUS BENEFITS THAT COMPANIES CAN ACCESS, THE FOLLOWING STAND OUT: ■ Public guarantee required by financial institutions to grant financing, which will be the responsibility of the Credit Guarantee Fund (FGC); ■Reduction of interest rates on bank credit; ■ Reduction in insurance and leasing charges; ■ Extending the maturity and grace periods of financing suitable for each investment project; ■ Incentives provided for in the Private Investment Law, linked to development zones priorities Investors wishing to obtain bank credit should contact the banks that signed the PAC access memoranda. As for access to subsidies for micro-enterprises and family cooperatives, these will be granted by the various existing sectoral funds.
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