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Geography Of Angola Essay

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3.4.2-Angola Located in the Southern Region of the Africa, Angola is the 7th largest Country of Africa in terms of area. Angola has vast mineral and petroleum reserves Angola is considered to be economically disparate, with the majority of the nation's wealth concentrated in a disproportionately small sector of the population. In 2012 the Real GDP growth rate is 5.2%, estimated for 2013 is 5.1% and the projection for2014 and 2015 is around 7.9% and 8.8% respectively. Economic Indicators: (a) Basic Indicators, 2013 Population Land area Population Density GDP based on PPP valuation GDP per Capita Annual real GDP growth (thousands) (thousands of km2) (pop / km2) (US $ Million) ( PPP valuation, $) (average over 2005-2013) 21471.618 1246.7 17.2227624929815 130237.711753641 6065.57511192875 10.8 …show more content…

• Water Sector Institutional Development AF. • AO- Municipal Health Service strengthening. • AO- Local Development Project. • AO- Water Sector Institutional Development. Infrastructure developments including Ports: The government has made significant investment in Angola’s infrastructure and business environment. Energy reforms are expected to cost USD 13 billion by 2025. Work to link three major national railways (Benguela, Moçamedes and Luanda) is underway. Plans are being prepared for a deep sea port north of the capital Luanda and for a Bus-Rapid Transit (BRT) in the Luanda region. The national airline, TAAG Angola Airlines, and the Civil Aviation Authority are among state entities being restructured. Reforms industrial and Trade policies: • A mining law enacted in November 2012, which cut taxes on revenues to 25% from 35%, led to significant investment from companies including diamond producer De Beers and Sumitomo Corp, which is developing an ammonia and urea plant. • The government carried out some major reforms on regulations impacting business Operations in 2013, including:  The introduction of a 10% consumption tax levy on oil

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