Luanda - About USD 42 billion is the amount invested by the Angolan Government, from 2002 to 2011, in the rehabilitation and modernisation of infrastructure of railway, roads and provincial and regional airports, said Thursday in Luanda, the economist, Alves da Rocha.
Speaking to National Radio, about the government programme in the 2012-2017 period, presented by the ruling MPLA party, Alves da Rocha stated that a major factor in national economic growth since 2003 has to do with rehabilitation and construction of infrastructure in all sectors of economic and social activity.
“There was an impact on the investments made in nine years, which corresponds to about USD 5 billion/year”, said the economist.
Alves da Rocha said there is a great correlation on spending in infrastructure, which is usually the responsibility of the State, and private investment.
“With this, we can conclude that there is an elasticity around 0.4 percent. This means that if the value of investment in public infrastructure increases to one percent, this allows a gain of 0.4 percent in the profitability of private investment”, he stressed.