Luanda, Angola – (African Boulevard News) – Omatapalo, a Portuguese-Angolan construction group has won state contracts worth billions of euros, thanks to its links with MPLA, the ruling party in Angola. The company has managed to secure lucrative contracts for roads, buildings, and other construction projects since the MPLA came to power in 2017.
Omatapalo has a history of doing business with the government. However, since the change in leadership, the company’s fortunes have significantly improved, leading to the award of large contracts. The company’s close ties with the MPLA have helped it secure major government contracts, while its competitors struggle.
According to sources, Omatapalo’s success is due to its ability to navigate the country’s business landscape, which is dominated by political connections, rather than merit. The company is said to have an extensive network of contacts within the MPLA, which has made it a favourite among decision-makers.
Industry experts suggest that such practices are not uncommon in Angola, where corruption and nepotism are rife. The situation has increased concerns about transparency and accountability in the country’s business environment, making it difficult for smaller, more independent companies to compete for state contracts.
“This is a clear example of how the MPLA uses its power to award contracts to select companies, rather than those who deserve it based on merit. It is a worrying trend that undermines the principles of fair competition and transparency,” said a local commentator.
The MPLA has yet to respond to the allegations of favouritism, but critics continue to call for greater transparency and accountability in Angola’s business environment.
Despite the controversy surrounding its links with the ruling party, Omatapalo remains one of the biggest construction companies in Angola. With the MPLA set to remain in power for the foreseeable future, the company is likely to continue raking in government contracts for years to come.
In conclusion, Omatapalo’s dominance in Angola’s construction industry has sparked concerns about transparency and accountability. The company’s links with the MPLA have helped it secure lucrative contracts, while its competitors struggle. The situation raises questions about fair competition and merit-based selection for government contracts.