Angola

Inauguration of the Business Information Centre (CIE)

Luanda, 08 August 2008 – Angolan minister of Industry, Joaquim David, said Friday in Luanda that with the launch of the Business Information Centre, Angolan business people will as from now better understand the market and the relation between their activities and the country’s macro-economic indicators.

The Minister who was speaking during the inauguration of the Business Information Centre (CIE), said the just launched institution will help new businesses to better understand the market as, he added, the initiative is intended to help them with the various aspects and particularities of the business activity.

According to the Government official, the CIE will also help the businesses with feasibility studies, integrate and comprehend the relationship between their activities and the macro-economic indicators, the consumers, the trade and payment balance.

"We believe that it is a powerful instrument, as it will provide the businesses with the skill to be competitive. I hope the businesses to recognize, make more use and take advantage of the initiative because it has the potential to help them," he stated.

The CIE will provide all kind of information entrepreneurs and other parties require to start or improve their businesses, especially the micro one, small and medium undertakings. It will also supply information on the Angolan legislation of interest in business, economy, finance, investment, entrepreneurship, management, technology, trade and marketing. It will also organize business events, promote exchange of experience and establishment of partnerships among entrepreneurs.

The ceremony of inauguration was attended by IDIA national director, Kiala Gabriel, UNDP Country Director, Gita Welch, the project representative, Takao Kikuchi and Chevron officials.

CIE is an institution that results from a partnership between the Angola Industrial Development Institute (IDIA), the United Nations Development Programme (UNDP), the oil company ,Chevron, under the Angolan Enterprise Programme (AEP).