Minister Bussa and ARSP Director Sign MOU to Boost State Portfolio Cooperation
Jean-Lucien Bussa, Minister of Portfolio, and Miguel Kashal Katemb, Director General of the Regulatory Authority for Subcontracting in the Private Sector (ARSP), signed a memorandum of understanding (MOU) on Tuesday, November 12, 2024, aimed at fostering inter-company cooperation.
The agreement follows a proposal made by the Minister of Portfolio to the Council of Ministers on July 19, 2024.
The signing ceremony took place in the Minister of Portfolio’s Cabinet meeting room, with experts from both parties in attendance.
The MOU facilitates collaboration and mutual support between companies in the state portfolio and private sector companies involved in transactions with state-owned companies.
It aims to promote the implementation of inter-company preferences, ensuring that companies with state shares prioritize doing business with other state-owned enterprises when fulfilling their needs and orders.
However, private companies conducting transactions with state portfolio companies will also receive priority in certain cases. Maitre Didier Kashala Kamanda, Director of Operations at ARSP, highlighted that this agreement will enhance the implementation of inter-company preferences and encourage the sharing of public-private partnership (PPP) experiences.
He emphasized that subcontracting activities should be directed towards state portfolio companies, given their stakes in private sector companies engaging in such transactions.
Additionally, a consultation framework will be established to facilitate information exchange. Under Article 3 of the MOU, a Joint Coordination Unit will be set up, comprising experts from both the Ministry of Portfolio and ARSP. Minister Jean-Lucien Bussa stressed the urgency of appointing these experts and creating internal regulations.
The measure supporting inter-company collaboration within the portfolio was approved by the government during a Council of Ministers session on July 19, 2024. In essence, Jean-Lucien Bussa proposed that companies in the state portfolio prioritize one another for the products and services they provide.
