Published in furtherafrica.com
Considering Angolan State’s reform and according with the process of administrative harmonization, decentralization and simplification that is being implemented by the Angolan Government, was published the Presidential Decree 146/20, which regulates the exercise of activities of construction and public works, work’s projects and inspection.
This Presidential Decree revoked the Presidential Decree 63/16 and all the incompatible legislation, being its main purposes (i) to modify the criteria and proceedings related with these activities, becoming clearer and more transparent and (ii) to promote more celerity on the administrative proceedings, responding to actual Angolan economic challenges.
The main modifications refer to the Registry Titles, that now are valid for five years and may be renewed for identical period (previously, the validity period was of ten years) and to economic and financial capacity’s reference values.
With this new regulation, it is possible to understand that the Angolan Government sees the Construction sector as one of the cornerstones of country’s development, contributing to the reconstruction and evolution of the Angolan economy.
Economy’s diversification and Angolan companies’ capacitation and consolidation are one of President João Lourenço main objectives, creating more jobs and consequently, better living conditions to the population.
Article by Marco Correia Gadanha
Marco Correia Gadanha is a partner of the Portuguese law office MC&A. He is specialized in legal advice to international transactions. Marco has extensive experience of legal practice in Portugal and in the Portuguese-speaking African countries. Since 2008, he has practiced mainly in the areas of labor and litigation, assisting national and international clients in these and other matters, namely corporate law, especially in Portugal, Angola and Mozambique. He graduated at the University of Coimbra in 2005 and he holds post-graduations in Labor and Angolan Law.