Portuguese construction company Edifer enters Angolan market

20 March 2006

Lisbon, Portugal, 20 March – Portuguese construction company Edifer is preparing to enter th Angolan market, in partnership with Angolan company Gema, owned by a former government member José Leitão, the latest edition of the Africa Monitor newsletter reported.

According to the newsletter, Edifer is also finalizing a partnership with Amorim Turismo for hotel projects in Angola.

The partnership with Gema, a company also linked to Carlos Feijó, another high-ranking member of the Presidency, is focused on the public works market, the report said.

José Leitão was Presidency minister as well as the head of the office of José Eduardo dos Santos and is currently working only in business.

Gema also works in food distribution for large supermarkets, vehicle sales and also has a subsidiary (Geminas), which works in prospecting for and mining diamonds.

According to Africa Monitor, this group is also preparing to expand into the logistics business, and is currently looking for a partner, which is expected to be Portuguese.

Edifer is currently one of Portugal’s main construction companies and has annual turnover of around 400 million euros.

As well as the construction market, Edifer’s interests include road concessions, real estate and industry. (macauhub)