Portugal’s largest construction companies preparing proposals for Luanda port

23 February 2006

Lisbon, Portugal, 23 Feb – Portugal’s largest construction companies Mota-Engil, Somague and Soares da Costa, are currently preparing proposals for the construction tender of Luanda’s new port, a project valued at 109 million euros, Portuguese financial daily Diário Económico reported Wednesday.

Of the country’s main construction companies, only Teixeira Duarte told the paper it had not made a decision about taking part in the tender for the new Angolan infrastructure, which is due to be finished in 2010.

A Somague spokesperson said that the project, “is very interesting business,“ for the company, which is controlled by Spanish group Sacyr Vallehermoso, because of its “marine construction portfolio.”

Mota-Engil, Portugal’s largest construction company, and Soares da Costa, also have companies that focus on port construction work.

The investment, which is being run by the port authority and the concession-holders of the port’s cargo terminals, will increase the port’s capacity from 4 million tons of cargo per year to 5.3 million tons per year, making it one of the largest ports in southern Africa.

The aim is to make Luanda a benchmark coastal port and access point to the southern African hinterland, giving the port the conditions to compete with those in South Africa, Namibia and even Lobito, in south Angola.

Last week, Chinese construction company told Macauhub it was open to partnerships with Portuguese construction companies working in Angola. (macauhub)