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Published on : Tuesday, July 7, 2015
Twenty-four South African companies will showcase their products and services at the Feira Internacional de Angola (FILDA) international trade exhibition later this month, says the Department of Trade and Industry (dti).
The department said in a statement over the weekend that it has organized a national pavilion at the exhibition which takes place in Luanda from July 21 to 26 and will also provide financial assistance to the companies through its Export Marketing and Investment Assistance (EMIA) scheme to participate and showcase their products at the exhibition with the aim of increasing exports of South African manufactured products to Angola.
The objective of the scheme is to develop export markets for South African products and services and to recruit new foreign direct investment into the country.
The companies taking part in the Angola fair include small, medium and micro enterprises (SMMEs), emerging exporters, women-owned enterprises and large companies drawn from the logistics and infrastructure, civil construction, energy (oil and gas), mining and capital equipment, Information Communication Technology (ICT), and boat-building sectors.
Deputy Minister of Trade and Industry Mzwandile Masina said in Pretoria on Monday the FILDA fair would expose South African companies to trade and investment opportunities available in Angola and other countries participating in the annual multi-sectoral exhibition.
Last year, more than 800 companies from about 40 countries participated in the exhibition, with more than 50,000 people visiting it.
”The dti is striving to facilitate economic development through promoting outward investment, intra-Africa trade, regional industrialisation and infrastructure development within the Southern African Development Community (SADC) region and the rest of Africa. FILDA will be a good platform to promote South African manufactured products in the Angolan market and beyond,” said Masina.