ABU DHABI: Dr. M’zée Fula Ngenge, Vice Chairman of the Angola-UAE Chamber of Commerce and Industry, said that the UAE investment climate provides Angola citizens with qualitative opportunities that highlight their capabilities and energies in enhancing trade between the two countries.

In statements to the Emirates News Agency (WAM) on the sidelines of the second day of the 13th AIM Congress in Abu Dhabi, Dr. M’zée Fula Ngenge noted the presence of over 63 Angolan companies in the UAE, spanning various sectors, notably automotive, electronics, gold, and diamonds trading.

Expressing his aspirations to bolster cooperation between the two nations in tourism and hospitality, Dr. Ngenge highlighted tourism’s role in Angola’s infrastructure development and investment stimulation. He emphasised the potential for increased air traffic between the UAE and Angola, both for passengers and cargo, which would boost the latter’s exports, particularly in agricultural products to the UAE.

Dr. Ngenge underscored the signifi
cance of the Angola-UAE Chamber of Commerce and Industry’s participation in the AIM Congress, citing it as an opportunity to showcase Angola’s investment potential and attract Emirati investors, emphasising the invaluable expertise Emirati investors bring to Angola’s economic advancement.

Source: Emirates News Agency