Luanda: The Minister of State for Economic Coordination, Jos© de Lima Massano, advocated on Tuesday in Luanda for a public business sector that inspires trust, promotes partnerships, and contributes to an inclusive and resilient development model. Speaking at the opening of the Annual Meeting of the Public Business Sector (E-SEP 2025), Jos© de Lima Massano highlighted the need for public companies to be committed to the future, and “not merely reactive to needs, but proactive in building solutions.”

According to Angola Press News Agency, the minister emphasized the strategic role of public companies in developing countries like Angola, where the private sector does not always reach all regions or fully respond to the needs and desires of citizens. Public companies ensure access to essential services such as energy, water, transportation, information, and communications.

The minister stated that the government is implementing a comprehensive program of economic reforms aimed at optimizing the role of public companies in the economy. These reforms focus on strengthening governance and accountability, efficiency and sustainability, private sector integration, and national development.

Regarding private sector integration, he discussed enhancing strategic partnerships with the public sector to streamline value chains, accelerate industrialization, and promote economic diversification.

The Annual Meeting of the Public Enterprise Sector (E-SEP 2025) serves as an opportunity for taking stock and reporting, recognizing past achievements, and mobilizing for future challenges facing the public enterprise sector. This edition marks the introduction of the acronym E-SEP, symbolizing the modernization and repositioning of public companies in the country.