Angola government to fund $19.5m telecoms hub in Luanda
09 May 2017 | Alan Burkitt-Gray
An Angolan government agency is to spend $19.5 million to build a telecoms technology hub in Luanda, the south-west African state’s capital city.
UTIP, the government’s private investment technical unit, signed the contract with internet service provider Angola Comunicações e Sistemas (ACS).
Edgar Martins, director of ACS, said the project will contribute to the development of the telecommunications sector in Angola and it aims to ensure the increase of the quality of infrastructure supporting information and communication services.
The new unit will be used to provide private communications network systems, dedicated data transmission circuits and broadband connectivity solutions to corporate or business customers nationwide, said a report.
ACS will benefit from six years of tax incentives under the investment agreement, including a 35% cut in taxes on equipment and real estate. ACS said it will work with national and international operators.
Luanda is already a landing station for the WACS cable along the west coast of Africa and in 2018 it will be joined by SACS, the South Atlantic cable connecting Brazil. Angola Cables, which is investing in SACS, already controls 70% of the internet traffic into Angola, the company said last month. It will be a partner in the Monet cable that will link Brazil to the US.