Angola to Build 21 Logistics Hubs

The Angolan government plans to invest over US$445.5 million (392.3 million euros) to build 21 logistics centers, by 2038, to minimize the challenges of goods transport, which is still heavily dependent on road transport. This act symbolizes that we are taking another concrete step towards promoting the diversification of the Angolan economy, by way of stimulating increased production in other sectors and reducing dependence on oil, and it is therefore fundamental to establish an optimized logistics network, integrated by the maritime, land, rail and air sectors. The network of logistics platforms will be an important element in the plan to diversify the national economy, and depending on the province where they are installed, they will facilitate the storage, conservation, and flow of production from productive, rural, and fishing areas, as well as from Agri-industrial hubs.

Angola is ranked 162 out of 163 countries in the World Bank’s Logistics Index, the minister said, noting that the institution estimated that in 2017 transport and logistics costs in Angola were 16.7 percent in relation to the Gross Domestic Product. By 2022, Angola plans to put into operation six logistics platforms, which are expected to boost the great economic potential of its regions and respond to the growing demand for goods and services by citizens and companies.

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