Angola's Infrastructure : A Continental Perspective
Infrastructure made a net contribution of around 1 percentage point to Angola's improved per capita growth performance in recent years, despite unreliable power supplies and poor roads, which each holding back growth by 0.2 percentage points....
Main Authors: | , |
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Format: | Policy Research Working Paper |
Language: | English |
Published: |
2012
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Subjects: | |
Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110927140000 http://hdl.handle.net/10986/3576 |
Summary: | Infrastructure made a net contribution
of around 1 percentage point to Angola's improved per
capita growth performance in recent years, despite
unreliable power supplies and poor roads, which each holding
back growth by 0.2 percentage points. Raising the
country's infrastructure endowment to that of the
region's middle-income countries (MICs) could boost
Angola's annual growth by about 2.9 percentage points.
As a resource-rich, postconflict country, Angola has shown
an exceptionally strong commitment to financing the
reconstruction and expansion of its infrastructure. It has
recently expanded its generation capacity, embarked on an
ambitious multibillion-dollar road rehabilitation program,
begun to make investments aimed at easing congestion at the
Port of Luanda, and embarked upon an ambitious
rehabilitation program for urban water systems. Numerous
challenges remain, however. Angola needs to upgrade its
electricity transmission and distribution infrastructure,
expand its urban water-supply system, improve efficiency at
the Port of Luanda, and make policy and regulatory
adjustments across the board. Angola presently spends around
$4.3 billion per year on infrastructure, with $1.3 billion
lost to inefficiencies. After taking sectoral allocations
and inefficiencies into account, a modest funding gap of
$115 million per year remains, which could be largely
eliminated by focusing on lower-cost water and sanitation
options. Angola's infrastructure needs are manageable
relative to its fast-growing economy, as long as the country
can address inefficiencies. |
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