reorganised to start its process of reconstruction.

Luanda, the capital of Angola, has the characteristics of a city with a great development potential. Civil construction takes a remarkable relevance within this new socio-economic context.

Several buildings are being built in various points of the capital. Restaurants and bars are offering the most varied and sophisticated dishes of the local and world cuisine. Several foodstuffs and electronic appliances are available in the Luanda market.

The provinces of the Angolan vast national territory are developing, by expanding the infrastructure required for the construction of a strong nation. Angola's president is José Eduardo dos Santos, of the MPLA party.
The currency is becoming stronger, day by day, stimulating the consuming habit within the Angolan and foreign populations who live in the capital and in the provinces.

Political and economic stability has opened new and excellent opportunities for investment in the country.

In brief, all social, economic and political aspects are favourable to progress. This is how Angola presents its new reality to the world: working together today, to grow together tomorrow.

INDUSTRIAL TAX EXEMPTION REGIME

Government incentives vary in accordance with the province in which the investment is made.

15 YEARS EXEMPTION - Investors will be free from paying tax on the capital invested, for a period of 15 years, when they invest in the provinces of Huambo, Bié, Moxico, Kuando Kubango, Cunene, Namibe, Malanje and Zaire.

12 YEARS EXEMPTION - Investors will be free from paying tax on the capital invested, for a period of 12 years, when they invest in the provinces of Kwanza Norte, Kwanza Sul, Bengo, Uíge, Lundas and inland municipalities of Benguela, Cabinda and Huíla.

8 YEARS EXEMPTION - Investors will be free from paying tax on the capital invested, for a period of eight years, when they invest in the provinces of Benguela, Cabinda and Huíla, and in the municipality of Lobito.