Frost & Sullivan forecasts that spending on electricity infrastructure in
Angola will reach US$8.4 billion over the next few years. Together with the
country's robust economic growth, this massive government investment in
infrastructure development is set to boost Angola's electricity industry.



    (Logo: http://www.newscom.com/cgi-bin/prnh/20081117/FSLOGO)



    New analysis from Frost & Sullivan (http://www.energy.frost.com),
Strategic Analysis of the Angolan Electricity Industry, finds that Angola's
two state-owned utilities earned revenues of US$356.0 million in 2008 and
estimates this to reach US$450.0 million in 2015. The following application
sectors are covered in this analysis: construction, government/utilities,
industrial, oil & gas and mining.



    If you are interested in a virtual brochure, which provides a brief
synopsis of the research and a table of contents, then send an e-mail to
Patrick Cairns, Corporate Communications, at patrick.cairns@frost.com, with 
your full name, company name, title, telephone number, company e-mail 
address, company website, city, state and country. Upon receipt of the above 
information, a brief brochure will be sent to you by e-mail.



    "Angola's rapid economic growth has undoubtedly resulted in high levels
of demand for electricity by both residential and commercial end users,"
notes Frost & Sullivan Programme Manager Cornelis van der Waal. "Despite the
current financial crisis, the Angolan government is expected to continue its
reconstruction programme, with greater emphasis on the development of
electricity infrastructure."



    Frost & Sullivan expects the Angolan power industry to grow by 20 per
cent by 2015. The Angolan Government has also channelled US$2.5 billion into
the power sector to improve its capacity and efficiency. Such trends augur
well for the future of the electricity industry in the country.



    However, the poor state of existing infrastructure and lack of skilled
labour threaten to impede rapid industry development. In addition, the high
level of capital required to build a power plant is a major factor hampering
industry expansion.



    "Despite massive government investments, inadequate infrastructure is one
of the key obstacles to the growth of the Angolan electricity industry," says
Van der Waal. "The poor state of ports and roads, as well as sub-economic
tariffs, is also likely to slow down the growth of this industry over the
next two to five years."



    In accordance with the Angolan programme for the development of the
electricity industry, the country will need about 800 engineers to meet the
development needs of the industry over the next five years.



    "The country has a profound human resources crisis," cautions Van der
Waal. "This is forcing Chinese companies developing projects in Angola to
import 95 per cent of their manpower, triggering criticism from international
agencies."



    Strategic Analysis of the Angolan Electricity Industry is part of the
Energy & Power Growth Partnership Services programme, which also includes
research in the following markets: Angolan Power Generator & Equipment
Suppliers, Angolan Power Suppliers and, Angolan Power Distributors. All
research included in subscriptions provide detailed market opportunities and
industry trends that have been evaluated following extensive interviews with
market participants.



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             Strategic Analysis of the Angolan Electricity Industry
                                      M3E3

    Contact:
    Patrick Cairns
    Corporate Communications - Africa
    P: +27-18-464-2402
    E: patrick.cairns@frost.com


    http://www.frost.com




Source: Frost & Sullivan

Patrick Cairns, Corporate Communications - Africa of Frost & Sullivan, +27-18-464-2402, patrick.cairns@frost.com