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President recommends balance between local production and imports

Angolan head of State João Lourenço called for a balance between the increase in domestic production of the national industry and the need to import goods for supplying the industrial sector.”We must promote ‘made in Angola’ because national production…

Angolan head of State João Lourenço called for a balance between the increase in domestic production of the national industry and the need to import goods for supplying the industrial sector.

“We must promote ‘made in Angola’ because national production, not only offers a wider range of goods and services to citizens and the country in general, but also generate job for citizens, mainly for young people”, João Lourenço told the swearing in ceremony of the new minister of Industry and Trade, Rui Miguêns de Oliveira, on Friday in Luanda.

João Lourenço mentioned the economic diversification as “the biggest challenge the country faces at the moment, calling for the need to “promote and nurture” the national industry.

Alluding to the economic diversification, the head of State called for more engagement, despite effort being made in that direction.

Source: Angola Press News Agency (APNA)