Possible.The Angolan government must bethe major or main shareholder in infrastructure projects related totelecommunications systemsand postalservices.Someareas are closedto FDI, for example:military aircrafts and security equipment, the activities of the Central Bank, the national currency, portsand airports.
Obligation to Declare
A special investment regime applies to the oil, diamond and financial sectors.
For projectswith an investmentvalue exceedingUS$ 10m, an investment contractwith the Angolangovernmentis necessary andmust be authorized bythe Council of Ministersandfinally approvedby the president.Someareas are closedto FDI, for example:military aircrafts and security equipment, the activities of the Central Bank, the national currency, portsand airports.
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