Angola Government Announces to Cancel the Tariff and Consumption Tax on Import B

The Angola government announces to cancel the tariff and consumption tax on import building materials from July 29. Meanwhile, the Angola Cabinet releases the documents about housing development fund, national citizen and housing plan.

Since the 27-year civil war ended in April 2002, Angola emerges the upsurge of building construction in the whole nation, with the price of building materials surging dramatically. At present, the average price of Angola's building is 10 times of that for building materials in international market.