Dms plant and alluvials, page-206

Great article Repo.

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"The new mining code is complemented by a new private investment law (Law No 20/11), also passed in 2011. This applies to investments (local or foreign) worth more than $1-million. (However, it does not apply to the hydro- carbons or diamond sectors.) Among other things, it allows, with regard to foreign investments, the repatriation of dividends and other forms of profit distribution, liquidation proceeds, debts, indemnities resulting from any expropriation and royalties (after taxes and in accordance with Angolan foreign exchange laws). Investors can also apply for benefits and incentives such as tax deductions, tax exemptions, extension of tax deadlines, accelerated amortisation and depreciation and tax credits."