Our fleet of four specialist vessels is supplemented with time-charter vessels.More
2017 increase in Angola infrastructure budget
2017 Angola budget
Angola’s infrastructure was almost totally destroyed after a protracted civil war. The country has enjoyed ultra-rapid growth since then, and was the world’s fastest growing economy between 2001 and 2010.
There are underway infrastructure development programmes focused in improving access to reduce the heavy traffic jams, rebuild key national roads and develop large residential compounds and cities to address the massive demand for housing in the country.
The government has the will and the resources to address these problems. It is now accelerating infrastructure renewal.
With large oil reserves at its disposal, and despite the low oil prices, Angola has the ability to address structural issues, rebuild its infrastructure, expand the economy, modernise cities and improve transport links. It is doing all of these things. And there is also substantial capital for an ambitious public expenditure plan to diversify the economy and reduce its reliance on oil.