Today: May 18, 2024

Angola to invest $2.3 million to enhance road safety

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Angola to invest $2.3 million to enhance road safety www.whoownsafrica.com
Angola to invest $2.3 million to enhance road safety www.whoownsafrica.com
2 weeks ago

In a bid to improve road safety and reduce traffic accidents, Angola has announced a significant investment of $2.3 million in the purchase of vehicles dedicated to enhancing road safety measures.

This initiative, spearheaded by Esperança da Costa, the coordinator of the CNVOT, aims to address the pressing issue of road and traffic planning in the country.

The announcement of the investment was made public through the unveiling of an electronic dynamic procedure, which will see the acquisition of these safety vehicles in five different lots.

The estimated value of the contract amounts to $2.3 million and will be financed through the General State Budget (OGE) of 2024, inclusive of a 14 percent Value Added Tax (VAT).

The allocation of the vehicles is as follows: the first batch consists of nine vehicles valued at 1.1 billion kwanzas, followed by a second batch of four vehicles totaling 330 million kwanzas, a third batch of four vehicles valued at 206 million kwanzas, a fourth lot with a vehicle worth 75 million kwanzas, and a fifth and final lot containing two vehicles worth 99 million kwanzas.

Angola to invest $2.3 million to enhance road safety www.whoownsafrica.com
Angola to invest $2.3 million to enhance road safety www.whoownsafrica.com

It is important to note that the procurement procedure is restricted to local entities, with foreign participation not permitted.

Interested economic operators must comply with the regulations set out by the public entity, which includes the provision of proof of ownership of the vehicles and ensuring their prompt delivery within 20 days of the conclusion of the contract.

The electronic auction for the purchase of these safety vehicles is scheduled to take place on May 10th, facilitated through the Ministry of Finance’s Public Procurement Portal platform.

The competitive nature of the auction will be based on the lowest price criterion, with strict measures put in place to prevent corrupt and fraudulent practices.


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Jeannice Laurent

Jeannice Laurent is the esteemed correspondent for the Central African region, possessing a Bachelor's degree in Business Law from the prestigious Libreville International Business School. Her vast knowledge and proficiency in the field enable her to proficiently communicate and report on the latest news and developments in the region. She diligently monitors the social, political, and economic trends in the Central African countries, thereby ensuring the delivery of precise and current news reports.

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