Executive provides Kz 20 billion to promote tourism –

Twenty billion kwanzas, 550 million per year, begin, this year, to be allocated to finance companies, whose activity contributes to the increase of tourist activity, within the framework of the National Tourism Promotion Plan (PLANATUR), during the period 2024-2027.

PLANATUR, approved by Presidential Decree No. 69/24, of March 11, aims to ensure large-scale direct investments, to facilitate access for tourists and their internal mobility.

The plan outlines the need to develop public service infrastructures, safeguard the training and qualifications of staff to provide services, as well as improve the legal and regulatory framework for tourist activity in the country.

The amounts will be allocated to hotels, restaurants, travel agencies, leisure and entertainment, according to the member of the restructuring committee of the Angolan Venture Capital Fund, Mário Mangueira.

Mário Mangueira, who spoke in Lubango, Huíla province, stated that the allocation of values ​​is stipulated by the financing request, by the operator.

According to him, at the moment, work is being done on the requirements and packages that will be available to entrepreneurs, an availability that will depend on the amount requested and the company’s capacity.