The Luanda-Bengo Special Economic Zone and the Dubai Integrated Economic Zones Authority signed a Memorandum of Understanding and cooperation.
Economy and Development July 20, 2023
According to a press release from the ZEE, the memorandum "is the result of the strategy of internationalization and consolidation as an engine of Angola's economic diversification through the increase in national production and opening to the global market, through exports of Made in Angola products".
The Memorandum was signed by the CEO of the ZEE, Manuel Francisco Pedro, at the headquarters of DIEZ, in Dubai, and will last for one year.
With the signing of this memorandum, the ZEE intends to further strengthen the value proposition, at national and regional level, especially at the SADC level, making the ZEE one of the most competitive zones in the region with regard to the offer of complementary services and penetration in new markets for established companies.
The Luanda-Bengo Special Economic Zone, with the signature of the memorandum, aims, among other points, to create a platform that will serve as a bridge to connect the companies installed in the ZEE and the more than 5000 companies installed and registered in the Free Zones protected by the DIEZ; the creation of a digital catalog of importers and exporters by sector of the two entities and the inclusion of products made in the ZEE on the “Tradeling” platform, which is a Marketplace created by DIEZ where products produced in the various partner markets are cataloged and offered for direct sale to the retailer and/or final consumer.
Its goals also include the creation of a dynamic program of exchanges and visits for training, as well as exchanges of experience between ZEE and DIEZ staff and the offer of a specific and privileged incentive package for companies in the ZEE that want to have some presence offshore in Dubai via the Zones managed by DIEZ.
For monetary donations to the project:
Novo Banco - Portugal - IBAN: PT50 0007 0000 0016 8454 5662 3 - SWIFT/BIC: BESCPTPL
Bank of Commerce and Industry (BCI), R. Rey Katiavala, 224, Luanda - Account 4102547210-001