1. Infrastructure Investment Opportunities in Angola American Council of Engineering Companies Annual Conference Washington DC - USA April 30 th 2014 By: Hamilton Costa ANIP USA Resident Representative

2. ANIP - Angolan National Private Investment Agency ANIP is the only government entity responsible for the execution of the national policy on private investment, its promotion, coordination, evaluation, approval and supervision. Founded in 2003 by Decree No. 44/03 of 4 July 2003. 2

3. Angola 3 Geographical location data : West Coast of Southern Africa Area: 1,246,700 km² Maritime Frontier: 1,650 km (Atlantic Ocean) Land Frontier: 4,837 km (Democratic Republic of Congo, Zambia and Namibia) Climate: Tropical Average Temperature : 30ºC (max) 17ºC (min) Inhabitants: 20,900,000 (projection) Capital: Luanda (more than 5,000,000 inhabitants) Administrative Division: 18 Provinces Main Ports: Lobito, Luanda and Namibe

4. Angolan Economy: GDP Growth Rates Between 2000-2010 GDP grew at an average of 11.25%. Since 1994, per capita GDP has risen by 7x from US$ 591 to US$ 4,422 in 2010. 4

5. Macroeconomic Indicators 5 Rating: BB- (Standard & Poor) External Debt: 5% of GDP Source: http://www.minfin.gv.ao/docs/dspOrcaCorren.htmhttp://www.minfin.gv.ao/docs/dspOrcaCorren.htm

6. Angolan Infrastructure: Development Priorities

7. Angolan policymakers are keen to use oil revenues to invest in the rehabilitation and expansion of the country’s infrastructure Government plans include: ▫Construction of new motorways, tertiary roads and bridges ▫Rehabilitate the road network ▫Invest in residential and commercial property ▫Expand port capacity ▫Upgrade the three major railway lines ▫Invest in a new rail line connecting Namibe to the Cabinda Enclave 7

8. Angolan Infrastructure: Development Priorities cont. Angolan policymakers are keen to use oil revenues to invest in the rehabilitation and expansion of the country’s infrastructure Government plans include: ▫Invest approximately USD 18billion between 2009-2016 to expand hydroelectric generating capacity to 7000 megawatts by 2016 ▫Extend the transmission network across the country  build 10 new thermal electricity plants  link the grid to Southern African Power Pool (SAPP) and to Western Power Corridor (WESTCOR) 8

9. Angolan Infrastructure: Development Policy Objectives cont. Angolan policymakers are keen to use oil revenues to invest in the rehabilitation and expansion of the country’s infrastructure Government plans include: ▫Construction of a new airport in Bom Jesus (located 40km southeast of Luanda) ▫Rehabilitate the Cabinda airport 9

10. Angolan Infrastructure: Key Upcoming Events

11. 11 DIVERSIFYING INVESTMENT IN ANGOLA A joint initiative between the U.S.-Angola Chamber of Commerce (USACC) and the Angola National Agency for Private Investment (ANIP) Program includes the: Angola-US Business Summit & Roundtable; Briefings; Matchmaking Sessions; Meetings with Angolan government and industry officials For more information and the complete mission agenda: trademission@us-angola.orgtrademission@us-angola.org Trade Mission to Angola: May 29 th – June 5 th

12. 12 PROMOTING INFRASTRUCTURE INVESTMENT IN ANGOLA A joint initiative between the Angola National Agency for Private Investment (ANIP), World Bank(WB), International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA). For more information please contact: hcosta@anip-us.org hcosta@anip-us.org 1420 K Street, NW, Suite 600 Washington, DC 20005 Angola Infrastructure Conference: Luanda May 26 th

13. Thank you! Invest in the future, Invest in Angola! PowerPoint by: Maria Luísa Abrantes Translation by: Lynn de Albuquerque 13 Contact Information Hamilton Costa: hcosta@anip-us.orghcosta@anip-us.org Website: www.anip.co.ao ; www.anip-angola-us.comwww.anip.co.aowww.anip-angola-us.com